The Board of Directors of Caesarstone Ltd. (the "Company") sets high standards for the Company's employees, officers and directors. Implicit in this philosophy is the importance of sound corporate governance. It is the duty of the Board of Directors to serve as a prudent fiduciary for shareholders and to oversee the management of the Company's business. To assist the board in fulfilling its fiduciary duties and oversight responsibilities, the Board has established two standing committees: an audit committee and a compensation committee. The Board has also adopted a Code of Conduct and a Code of Ethics. These charters and codes are subject to modification from time to time as the Board of Directors deems appropriate in the best interests of the Company or as required by applicable laws and regulations.