Company: SVREW
Filing Date: 2025-01-31
Form Type: 424B5
Source: 0001213900-25-008656
Chunk: 29

Company: SaverOne 2014 Ltd.
Filing Date: 2025-01-31
Form: 424B5
Chunk 29
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 decision to distribute dividends and the amount to be distributed is made by a company’s board of directors. Our Amended
and Restated Articles of Association, or the Articles, provide that the board of directors may from time to time declare, and cause the
Company to pay, such dividends as may appear to it to be justified by the profits of the Company and that the board of directors has
the authority to determine the time for payment of such dividends and the record date for determining the shareholders entitled to receive
such dividends, provided the date is not before the date of the resolution to distribute the dividend. Declaration of dividends does
not require shareholder approval.

Pursuant to our Articles,
subject to the rights of holders of shares with limited or preferred rights, ordinary shares shall confer upon the holders thereof equal
rights to receive dividends and to participate in the distribution of the assets of the Company upon its winding-up, in proportion to
the amount paid up or credited as paid up on account of the nominal value of the shares held by them respectively and in respect of which
such dividends are being paid or such distribution is being made, without regard to any premium paid in excess of the nominal value,
if any.

We have never declared or
paid any cash dividends on our ordinary shares and do not anticipate paying any cash dividends in the foreseeable future. Payment of
cash dividends, if any, in the future will be at the discretion of our Board and will depend on then-existing conditions, including our
financial condition, operating results, contractual restrictions, capital requirements, business prospects and other factors our Board
may deem relevant.

Payment of dividends may
also be subject to Israeli withholding taxes. See “Taxation” in our 20-F Report for additional information.

<div align='center'>S-18

CAPITALIZATION</div>

The following table sets
forth our cash and cash equivalents and our capitalization as of June 30, 2024.

| ● | on an actual basis;                                                                                                                    |
| ● | on pro forma basis, after giving effect to the issuance and sale of                                                                    
 379,983,290 ordinary shares represented by 4,222,037 ADSs for gross proceeds of approximately $5.6 million pursuant to the SEPA, as if 
 the sale of the securities had occurred during the period commencing June 30, 2024 through January 31, 2025; and                       |
| ● | on a pro forma as adjusted basis to give further effect to the sale                                                                    
 of