Company: SVREW
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001013762-25-001028
Chunk: 54

Company: SaverOne 2014 Ltd.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 4
Chunk 54
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 in the United States according
to the U. S. Federal Highway Administration. In Europe, there are over 340 million motor vehicles in use according to the European Automobile
Manufacturers’ Association, or ACEA. In New Zealand and Australia, there are a combined near 25 million vehicles on the road according
to statistics from their governments’ departments of transportation. To add to this large number, according to the ACEA, there
are over 80 million new motor vehicles registered each year. The prevalence of motor vehicles globally presents the risk of countless
drivers who drive while being distracted.

Traffic accidents and their resulting injuries remain a major unresolved
problem worldwide, where driving distractions are a major contributing factor. As a result, many states in the United States have enacted
laws to help prevent distracted driving. These include banning texting while driving, implementing hands-free laws (laws prohibiting the
use of cellphone while driving), and limiting the number of young passengers who can ride with teen drivers, due to the fact that teen
drivers with two or more young passengers in the car can more than triple the risk of a fatal crash. As to date, all but two states (Montana
and Missouri) have banned texting while driving, according to the Insurance Institute for Highway Safety. In addition to state laws, Federal
laws have also been implemented in the United States prohibiting texting while driving for federal employees.

The
NHTSA has issued voluntary guidelines to promote safety by discouraging the introduction of both original, in-vehicle and portable/aftermarket
electronic devices in vehicles. Similarly, in 2019, the European Union (EU) published an amendment to the EU’s “ General Safety”
Regulations, according to which it is expected that as of mid-2022, the European Union will require every new vehicle, truck or bus on
the road to meet the European Standards that require the installation of internal sensors in the vehicle that will warn or prevent the
driver from certain distractions (a phone call, for example). By 2024, only vehicles meeting the mandatory automotive safety technology
requirement will be allowed to register for the first time. We believe that these types of initiatives by the NHTSA and other agencies
will advance further awareness for the need of products like the SaverOne system.

According
to a study by the Governors Highway Safety Association in the United States, driver distractions resulting from the use of smartphones
contribute to about a quarter of all car accidents. The findings of the study indicate that more than