#None #Governance #SWI Capital #Ido Shavit

SWI Capital Holding Ltd. Announces Changes in Board of Directors

On September 30, 2026, SWI Capital Holding Ltd. (referred to as "SWI" or "the Company") revealed notable changes in its board composition and audit committee. This move is seen as a strategic alignment for the organization to adapt and thrive in today's complex market landscape.

Appointment of Ido Shavit

The board has appointed Ido Shavit as an independent non-executive director of the company, beginning on the same date. Shavit brings substantial experience to the role, currently serving as the CEO of Cycling Academy Ltd. Since joining that organization in 2017, he has demonstrated leadership growth, taking the reins as CEO two years later after a successful decade leading a tourism and event management company in Israel.

His role at SWI will commence until the next Annual General Meeting (AGM), where his appointment will be presented for re-election by shareholders according to the company’s bylaws. This appointment signals SWI's commitment to integrating seasoned professionals who can enhance its governance framework and contribute to its long-term strategy.

Departure of Jean-Pierre Verlaine

In contrast, the company announced the departure of Jean-Pierre Verlaine from the board and the audit committee as of September 30, 2026. Verlaine, who also acts as a beneficial owner and executive of Engelwood Group—an approved investment manager in Luxembourg—was pivotal in SWI during his tenure. However, in reviewing governance structure and potential conflicts of interest, a mutual decision was made for him to step down. This change facilitates clearer boundaries between Engelwood’s business relationships with SWI and the company’s governance process, enabling streamlined management of these relations moving forward.

Audit Committee Changes

Following Verlaine’s exit, existing board member Fernando Bolivar has been appointed to the audit committee, effective the same day. The audit committee will now consist of Joseph Benhamou as chairman, along with Fang Ai Lian and Bolivar. This reorganization ensures that the audit committee maintains a robust oversight function essential for the integrity of the company's operations.

Acknowledgments and Future Outlook

Arnaud de Puyfontaine, the Chairman of SWI, expressed gratitude towards Jean-Pierre for his significant contributions during a critical growth phase for the company. He also welcomed Ido Shavit, stating that his experience and perspective will enrich the board’s existing expertise, especially as SWI continues to implement its strategies and enhance its governance framework.

About SWI Group

SWI Capital Holding Ltd. is publicly traded on Euronext Amsterdam under the symbol SWICH (ISIN SGXPZ11CH7U7). The SWI group operates as a global digital investment platform focusing on long-term investments in digital infrastructure. The group provides top-tier investment solutions promoting growth and resilience while creating long-lasting value in diverse markets.