Company: SVREW
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001013762-25-001028
Chunk: 180

Company: SaverOne 2014 Ltd.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 19
Chunk 180
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F-42

SAVERONE
2014 LTD.

NOTES
TO THE FINANCIAL STATEMENTS (CONT.)

(New
Israeli Shekels in thousands, except per share and share data)

Note
14 - Share-based payment

  Option  

The
Company has adopted the SaverOne 2014 Ltd. 2015 Share Incentive Plan (the “ Plan”), under which the Company is entitled to
grant options, restricted shares and restricted share units to designated participants to purchase ordinary shares of the Company. Under
the Plan, options forfeited or cancelled prior to their expiration date, become available for future grants. Unless stipulated otherwise
by the Company’s Board of Directors, the unexercised options will expire 10 3,299,270

  Grants  

2022

During
the year ended December 31, 2022, the Board of Directors (or the shareholders at a general meeting to the extent that such approval was
required) approved a grant of 1,031,000 one 1.639 876

2023

During
the year ended December 31, 2023, the Board of Directors (or the shareholders at a general meeting to the extent that such approval was
required) approved a grant of 291,000 one 1.062 240

In
addition, on August 14, 2023, the Company’s shareholders approved grant of 900,000 3 822

2024

During
the year ended December 31, 2024, the Board of Directors (or the shareholders at a general meeting to the extent that such approval was
required) approved a grant of 194,500 one 0.258 106

F-43

SAVERONE
2014 LTD.

NOTES
TO THE FINANCIAL STATEMENTS (CONT.)

(New
Israeli Shekels in thousands, except per share and share data)

Note
14 - Share-based payment (Cont.)

  Grants   

The
fair value of the options granted, as above, was estimated using the Black and Scholes model. The parameters used in calculating the
model were as follows:

                                  2024                   2023                 2022       
                                  grants                 grants               grants     
  Price per share                 NIS 0.22 - 0.93        NIS 0.87 - 1.05      NIS 1.477