Company: DRTSW
Filing Date: 2025-03-12
Form Type: 20-F
Source: 0001213900-25-023187
Chunk: 234

Company: Alpha Tau Medical Ltd.
Filing Date: 2025-03-12
Form: 20-F
Item: Item 6
Chunk 234
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 and the awards and agreements issued...  

Compensation policy under the Companies
Law

In general, under the Companies
Law, the board of directors of a public company must approve a compensation policy after receiving and considering the recommendations
of the compensation committee. In addition, our compensation policy must be approved at least once every three years, first, by our board
of directors, upon recommendation of our compensation committee, and second, by a simple majority of the ordinary shares present, in person
or by proxy, and voting (excluding abstentions) at a general meeting of shareholders, provided that either:

  the majority of such ordinary shares is comprised of shares held by shareholders who are not controlling shareholders and shareholders who do not have a personal interest in such compensation p...  

  the total number of shares of non-controlling shareholders and shareholders who do not have a personal interest in the compensation policy voting against the policy does not exceed two percent ...  

Under special circumstances,
the board of directors may approve the compensation policy despite the objection of the shareholders on the condition that the compensation
committee and then the board of directors decide, on the basis of detailed grounds, and after discussing again with the compensation policy,
that approval of the compensation policy, despite the objection of shareholders, is for the benefit of the company.

If a company adopts a compensation
policy in advance of its initial public offering (or in this case, prior to the closing of the Business Combination) and describes such
compensation policy in the prospectus for such offering, then such compensation policy shall be deemed a validly adopted policy in accordance
with the Companies Law requirements described above. Furthermore, if the compensation policy is established in accordance with the aforementioned
relief, then it will remain in effect for a term of five years from the date such company becomes a public company.

The compensation policy must
be based on certain considerations, include certain provisions, and reference certain matters as set forth in the Companies Law. The compensation
policy must serve as the basis for decisions concerning the financial terms of employment or engagement of office holders, including exculpation,
insurance, indemnification, or any monetary payment or obligation of payment in respect of employment or engagement. The compensation
policy must be determined and later reevaluated according to certain factors, including: the advancement of the company’s objectives,
business plan and long-term strategy; the creation of appropriate incentives for office holders, while considering, among other things,
the company’s risk management policy; the size and the nature of the company’s operations