Amendment to RadCom Ltd. Schedule 13D Filing

Value Base Ltd., along with Michael and Klil Zisapel, collectively holding approximately 19.27% of RadCom Ltd. ordinary shares, have submitted an amendment to their Schedule 13D filing. They have formally requested the Board of Directors to convene a special meeting of shareholders. The proposed agenda includes amending the company's articles of association to reduce the board size to a maximum of seven directors, allow director elections at any general meeting (not just annual), and terminate the tenure of directors appointed by the board before the special meeting. Additionally, they propose removing five current directors and electing three new candidates: Liat Aaronson, Tomer Jacob, and Guy Levit. The proposal also includes approving compensation for these new directors. The filing asserts that these actions are necessary due to the board's alleged failure to execute value-maximization initiatives and efficiently manage capital reserves, leading to underperformance and stagnation of shareholder value. The shareholders emphasize their belief in the company's potential and their fiduciary duty to all shareholders, urging the board to avoid material transactions before the special meeting.