{"url_path":"/sec/dror/10-q/2026/item-5","section_key":"item-5","section_title":"Item 5 Other Information**","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-13","source_url":"https://www.sec.gov/Archives/edgar/data/1282980/0001213900-26-055852-index.html","accession_number":"0001213900-26-055852","cik":"0001282980","ticker":"DROR","issuer_name":"Dror Ortho-Design, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1282980/0001213900-26-055852-index.html","primary_entity_key":"0001282980","primary_entity_name":"Dror Ortho-Design, Inc."},"word_count":349,"has_tables":true,"body_markdown":"**Item 5. Other Information**\n\n \n\nOn April 14, 2026, the board\nof directors of the Company appointed Ran Israeli to the position of Chief Financial Officer, principal accounting officer and principal\nfinancial officer, effective May 1, 2026. Mr. Israeli, age 55, has over 25 years of senior financial leadership experience, having served\nas Deputy Chief Executive Officer and Chief Financial Officer of public and private companies operating across Israel, Europe, China,\nand the United States. Most recently, from 2022 until present, Mr. Israeli has served as Deputy Chief Executive Officer and Chief Financial\nOfficer of Kardan NV, a Netherlands-registered public company traded on the Tel Aviv Stock Exchange (\"TASE\"), where he directed\na global asset portfolio valued at approximately NIS 1 billion and successfully completed two debt restructuring cycles totaling NIS 1.5\nbillion with Israeli institutional entities. Previously, from 2018 until 2021, he served as Deputy Chief Executive Officer and Chief Financial\nOfficer, and subsequently as Chief Executive Officer, of Arena Group, a TASE-listed real estate company with Swiss-German ownership, where\nhe managed a NIS 1 billion asset base and led the company through multiple operational and financial crises. Mr. Israeli holds an MBA\nwith a Finance specialty from the Hebrew University of Jerusalem, holds an Investment Management License from the Israel Securities Authority,\nand has completed advanced directors training at the Hebrew University.\n\n \n\nMr. Israeli will be provided\na monthly fee equal to $5,000, plus Value Added Tax (VAT) as applicable under Israeli law, for his service as Chief Financial Officer,\nprincipal accounting officer and principal financial officer.\n\n \n\nThere is no arrangement or\nunderstanding between Mr. Israeli and any other person pursuant to which he was appointed as Chief Financial Officer, principal accounting\nofficer and principal financial officer. There are no family relationships between Mr. Israeli and any of the Company’s directors,\nexecutive officers or persons nominated or chosen by the Company to become a director or executive officer of the Company. There are no\ntransactions between Mr. Israeli and the Company that would be required to be reported under Item 404(a) of Regulation S-K of the Exchange\nAct."}