Company: ALAR
Filing Date: 2025-03-20
Form Type: 20-F
Source: 0001213900-25-025287
Chunk: 115

Company: Alarum Technologies Ltd.
Filing Date: 2025-03-20
Form: 20-F
Item: Item 10
Chunk 115
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 in connection
with the principal facility amount withdrawn by the Company (which amounted to an aggregate total of $2.55 million), and (iii) extend
the repayment schedule of the principal facility from 24 to 30 months, at the Company’s discretion. Following final repayment of
the principal facility, the Company is entitled to all revenue generated from the customers acquired under the strategic funding. In consideration
of said amendments of the O. R. B. agreement, O. R. B. was entitled to a total of $0.5 million.

As
of December 31, 2024, we received aggregate funding of $2.6 million and repaid to O. R. B. an amount of approximately $1.5 million from
the revenues that were generated as a result of the funding. As of December 31, 2024, approximately $1.1 million was outstanding.

D. Exchange Controls

There are currently no Israeli
currency control restrictions on payments of dividends or other distributions with respect to our Ordinary Shares or the proceeds from
the sale of the shares, except for the obligation of Israeli residents to file reports with the Bank of Israel regarding certain transactions.
However, legislation remains in effect pursuant to which currency controls can be imposed by administrative action at any time.

The ownership or voting of
our Ordinary Shares by non-residents of Israel, except with respect to citizens of countries that are in a state of war with Israel, is
not restricted in any way by our memorandum of association or amended and restated articles of association or by the laws of the State
of Israel.

E. Taxation.

ISRAELI TAX CONSIDERATIONS AND GOVERNMENT PROGRAMS

The following is a summary
of the material Israeli income tax laws applicable to us. This section also contains a discussion of material Israeli income tax considerations
concerning the ownership and disposition of our Ordinary Shares by holders that purchase Ordinary Shares pursuant to the offering and
hold such Ordinary Shares as capital assets. This summary does not discuss all the aspects of Israeli income tax law that may be relevant
to a particular investor in light of his or her personal investment circumstances or to some types of investors subject to special treatment
under Israeli law. Examples of this kind of investor include residents of Israel or traders in securities who are subject to special tax
regimes not covered in this discussion. To the extent that the discussion is based on new tax legislation that has not yet been subject
to judicial or administrative interpretation, we cannot