Company: EVGN
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001178913-25-001092
Chunk: 167

Company: Evogene Ltd.
Filing Date: 2025-03-27
Form: 20-F
Item: Item 4A
Chunk 167
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 B. Compensation - Share
Option and Incentive Plans.”

Indemnification Agreements

Our articles of association allow us to indemnify and insure our
office holders for any liability imposed on them as a consequence of an act which was performed by virtue of being an office holder. They
also allow us to exculpate an office holder in advance from liability to the company, in whole or in part, for damages caused to the company
as a result of a breach of duty of care. In furtherance of such allowance, we have entered into agreements with each of our directors
and executive officers exculpating them, to the fullest extent permitted by law, from liability to us for damages caused to us as a result
of a breach of duty of care, and undertaking to indemnify them to the fullest extent permitted by law. See “ Item 6. Directors, Senior
Management and Employees - C. Board Practices - Exculpation, Insurance and Indemnification of Office Holders.”

Agreement with a Close Family Member of Key Management Personnel

During 2022, we entered into an employment agreement with Mr. Almog
Haviv, the son of our Chief Executive Officer. The engagement of Mr. Almog was made on an hourly basis, at a scope of approximately 30
hours per week, for an hourly rate of approximately $15, which is customary for the position held by Mr. Almog Haviv. The engagement of
Mr. Almog Haviv was terminated in June 2024.

C. Interests
of Experts and Counsel

Not applicable.

98

  ITEM 8.      FINANCIAL INFORMATION  
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A. Consolidated
Statements and Other Financial Information

Consolidated financial statements

We have appended our consolidated financial statements at the end
of this Annual Report, together with the report of our independent auditor on those financial statements, beginning on page F-2, as part
of this Annual Report.

Legal Proceedings

From time to time, we may be subject to legal proceedings and claims
in the ordinary course of business. We are currently not involved in any pending or contemplated legal proceedings that could reasonably
be expected to have a significant effect on our financial position, profitability or cash flows, except as set forth below. We may become
involved in material legal proceedings in the future. Regardless of the outcome, litigation can have an adverse impact on us because of
defense