Company: ALAR
Filing Date: 2025-03-20
Form Type: 20-F
Source: 0001213900-25-025287
Chunk: 84

Company: Alarum Technologies Ltd.
Filing Date: 2025-03-20
Form: 20-F
Item: Item 6
Chunk 84
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  Shai Avnit          300,000      350,004      NIS 1.27 (approximately $0.35)  

   1      “ Senior officer” as defined under                                                                                                          
          the Israeli Securities Law 5728-1968, or the Securities Law, includes the definition of an officer, as defined in the Israeli Companies     
          Law, and also the chairman of the board of directors, a substitute director, an individual who under section 236 of the Israeli Companies   
          Law was appointed on behalf of a corporate and who serves as director, accountant, internal auditor, independent signatory and every        
          person who holds a said position, even if the title of his position is different, and also a senior officer in a body corporate controlled  
          by the body corporate, who has substantive influence over the body corporate, and every individual who is employed by the body corporate    
          in a different position and holds 5% or more of the nominal value of the issued share capital or of the voting power, as the case may       
          be, for this purpose. We are providing this disclosure as good practice although we are not required to report or provide such disclosure   
          pursuant to the Securities Law.                                                                                                             
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Employment and Services Agreements with
Executive Officers

We have entered into written
employment or services agreements with each of our executive officers. All of these agreements contain customary provisions regarding
noncompetition, confidentiality of information and intellectual property assignment. However, the enforceability of the noncompetition
provisions may be limited under applicable law. In addition, we have entered into agreements with each executive officer and director
pursuant to which we have agreed to indemnify each of them up to a certain amount and to the extent that these liabilities are not covered
by directors and officer’s insurance, subject to certain exclusions. Members of our senior management may be eligible for bonuses.
Generally, such bonuses are in accordance with our compensation policy and are payable upon meeting objectives and targets that are set
by our Chief Executive Officer and approved annually by our board of directors that also set the bonus targets for our Chief Executive
Officer.

For a description of the terms
of our equity awards and equity incentive plan, see “ Item 6. E. Share Ownership”below.

Directors’ Service Contracts

Other than with respect to
our directors that are also executive