Company: SVREW
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001013762-25-001028
Chunk: 19

Company: SaverOne 2014 Ltd.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 3
Chunk 19
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 other stakeholder groups. With this increased focus, public reporting regarding ESG practices
is becoming more broadly expected. Such increased scrutiny may result in increased costs, enhanced compliance or disclosure obligations,
or other adverse impacts on our business, financial condition or results of operations. If our ESG practices and reporting
do not meet investor or other stakeholder expectations, which continue to evolve, we may be subject to investor or regulator engagement
regarding such matters. In addition, new sustainability rules and regulations have been adopted and may continue to be introduced in
various states and other jurisdictions. For example, the SEC has adopted rules that require companies to provide expanded climate-related
disclosures in their periodic reporting, which may require us to incur significant additional costs to comply and impose increased oversight
obligations on our management and board of directors. Our failure to comply with any applicable rules or regulations could lead to penalties
and adversely impact our reputation, access to capital and employee retention. Such ESG matters may also impact our third-party
contract manufacturers and other third parties on which we rely, which may augment or cause additional impacts on our business, financial
condition, or results of operations.

Any
resurgence of the COVID-19 pandemic could adversely affect our business, financial condition and results of operations.

While
the potential economic impact brought by, and the duration of, the COVID-19 pandemic may be difficult to assess or predict, it has already
caused, and could result in further, significant disruption of global financial markets, reducing our ability to access capital, which
could in the future negatively affect our liquidity and financial position. In addition, the trading prices for other companies have
been highly volatile as a result of the COVID-19 pandemic. As a result, we may face difficulties raising capital through sales of our
ordinary shares or other securities and such sales may be on unfavorable terms. To the extent that future waves of COVID-19 disrupt
normal business operations, we may face operational challenges with our services, and we likely will have to adopt remote working and
workplace protocols for employees in accordance with government requirements and other measures to minimize such impact.

The
COVID-19 pandemic and its impacts continue to evolve. We cannot predict the scope and severity of any further disruptions as a result
of COVID-19 or their impacts on us, but business disruptions for us or any of the third parties with whom we engage, including the manufacturers,
suppliers, customers, regulators and other third parties with whom we conduct business could materially and