Isramco Company Culture

Mr. Haim Tsuff serves as the Chairman of Israel Oil Company Ltd. Mr. Tsuff serves as the Chairman of the Board at Nitsba Holdings 1995 Ltd. He has been Chairman of Naphtha Israel Petroleum Corp. Ltd. since May 6, 2010. He has been the Chairman of J.O.E.L. Jerusalem Oil Exploration Ltd since May 6, 2010. He serves as the Chairman of Airport City Ltd. He has been the Chairman of Naphtha Exploration LP since May 6,2010. He has been Co-Chief Executive Officer of Isramco Inc. since November 3, 2017. He has been the Chairman of Isramco Inc. since May 1996 and has been its President and Director since 2012 and January 1996 respectively. He serves as the Chairman of Equital Ltd. He served as Chief Executive Officer of Isramco Inc. since May 1996 until November 3, 2017. He serves as the Chairman of Isramco Oil and Gas Ltd., Isramco Negev 2 Limited Partnership, Naphtha Partnership Management Ltd., Naphtha Explorations Limited Partnership, I.O.C Partnership Management Ltd., I.N.O.C ???Dead Sea. He serves a Director of United Kingsway Ltd., Y.H.K. General Managers Ltd., Orhan Carmel Ltd., Misgav Investment Co. Ltd., Tnuvot Keshet Ltd., Keshet Development (2002) Ltd., Keshet Management and Holdings (1999) Ltd., Keshet Hotels Ltd., Stations Enterprises Ltd., Beit Egged Ltd., Properties Enterprise & Development (N.Y.P.) Ltd., K.N. Gas Station Ltd., Neot Carmeli Construction and Holdings Ltd., Ramla Mall Management Ltd., Horev Center Management Co. Ltd., City Center Mall-Rehovot Ltd., Rishon-Letzion (west) Center Management Ltd., Ashtsipor Ltd., Station Holdings Ltd., Nitsba Europe S.A., Nitsba Actipol S.A., Zidcom Investment S.A., Nitsba Telecom S.A., Nitsba Participation S.A., Nitsba Holding B.V., SCI Taagid B.V., Naphta Holdings Ltd., Ariso Holding S.a.R.L, I. O. C. ??? Israel Oil Company Ltd., N.M.A. Energy Resources Ltd., Nurget Enterprises S.A., Silverleed International S.A., Goodrich Global Ltd. Inventin Investment Corp., Facto Holding Ltd., M.A. Realistic Estate B.V., Ocarina Trading Ltd. Ameja Inc., Jay Petroleum LLC, Jay Management Company LLC, Isramco Energy LLC, Isramco Resources LLC, Field Tracking and Services LLC, AAA Well Service LLC, Isramco Properties GMBH, Stars Invest s.r.o., Unikurs Kft, Bivvy Kft, PotSdamer GMBH, Optus 617 GMBH, A.D. Realestate GMBH, Dutch Family Holdings B.V., O.D.F. Building & Investments Ltd., MCM Investments and Properties Ltd. and Painton Ltd.

Mr. Zeev Koltovskoy has been the Chief Accounting Officer of Isramco Inc. since December 2012. Previously, Mr. Koltovskoy served as Director of Finance at Isramco Inc. Prior to joining the Isramco Inc., Mr. Koltovskoy served as Director of Finance for Israel Oil Company Ltd., an Israeli based affiliate, from June 2010 through August 2012. Prior to this, Mr. Koltovskoy worked for Allot Communications Ltd. as Assistant Controller and Compliance Manager from July 2009 through June 2010. From November 2005 through July 2009, Mr. Koltovskoy was employed at Deloitte Brightman Almagor & Company, certified public accountants, where he served in several positions including Audit Manager from August 2008 to July 2009.