Kornit Digital CFO Lauri Hanover To Step Down In December, Assaf Zipori Named Successor; Company Announces New $100M Buyback Plan

Kornit Digital Ltd. ("Kornit" or the "Company") (NASDAQ: KRNT), a worldwide market leader in sustainable, on-demand digital fashion and textile production technologies, today announced a CFO transition and a new $100 million share repurchase authorization, reinforcing its continued focus on profitable growth, operational excellence, and creating long-term value for its shareholders.

Kornit announced the planned transition of its Chief Financial Officer, as Lauri Hanover has decided, for personal reasons, to step down from her position. Ms. Hanover will remain the Company's Chief Financial Officer through mid-December 2025 to ensure a smooth and effective transition.

Mr. Zipori joins Kornit with extensive financial, strategic, and operational leadership experience across the technology and manufacturing sectors. Most recently, he served as Global CFO of Nano Dimension Ltd. (NASDAQ:NNDM) following its acquisition of Markforged Holding Corporation (NYSE:MKFG), where he also served as CFO.