Valens Semiconductor Ltd. Announces Management Transition in Automotive Division

Valens Semiconductor Ltd. announced that Adar Segal will be stepping down from his role as Head of Automotive. The company has initiated a search for a successor and Mr. Segal will remain with the company during the transition period. His employment is expected to conclude after a 180-day notice period. The company expressed gratitude for his contributions. This report is filed on Form 6-K and is incorporated into the company's existing registration statements on Form F-3 and Form S-8.