Company: MOBBW
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001013762-25-003365
Chunk: 24

Company: Mobilicom Ltd
Filing Date: 2025-03-27
Form: 20-F
Item: Item 3
Chunk 24
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 patent. While an inadvertent lapse can in many cases be cured by payment of a late fee or by other means in accordance with the
applicable rules, there are situations in which non-compliance can result in abandonment or lapse of the patent or patent application,
resulting in partial or complete loss of patent rights in the relevant jurisdiction. Non-compliance events that could result in abandonment
or lapse of patent rights include, but are not limited to, failure to timely file national and regional stage patent applications based
on our international patent application, failure to respond to official actions within prescribed time limits, non-payment of fees, and
failure to properly legalize and submit formal documents. If we fail to maintain the patents and patent applications covering our products,
our competitors might be able to enter the market, which would have a material adverse effect on our business.

While a patent may be granted
by a national patent office, there is no guarantee that the granted patent is valid. Options exist to challenge the validity of a patent
which, depending upon the jurisdiction, may include re-examination, opposition proceedings before the patent office, and/or invalidation
proceedings before the relevant court. Patent validity may also be the subject of a counterclaim to an allegation of patent infringement.

Pending patent applications
may be challenged by third parties in protest or similar proceedings. Third parties can typically submit prior art material to patentability
for review by the patent examiner. Regarding Patent Cooperation Treaty applications, a positive opinion regarding patentability issued
by the International.

Searching Authority does not
guarantee allowance of a national application derived from the Patent Cooperation Treaty application. The coverage claimed in a patent
application can be significantly reduced before the patent is issued, and the patent’s scope can be modified after issuance. It
is also possible that the scope of claims granted may vary from jurisdiction to jurisdiction.

The grant of a patent does
not have any bearing on whether the invention described in the patent application would infringe the rights of earlier filed patents.
It is possible to both obtain patent protection for an invention and yet still infringe the rights of an earlier granted patent.

We may be sued by third parties for alleged
infringement of their proprietary rights, which could be costly, time-consuming and limit our ability to use certain technologies in the
future.

We may become subject to claims
that our technologies infringe upon the intellectual property or other proprietary rights of third parties. Any claims, with or without
merit, could be time-consuming and expensive, and