Company: SVREW
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001013762-25-001028
Chunk: 53

Company: SaverOne 2014 Ltd.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 4
Chunk 53
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 new cars were sold worldwide
in 2024.

The
ramifications of mobile phone distracted driving exceed the bounds of just physical damage, as they can be exceedingly costly for drivers
as well. For example, expressed on a per death all

In response to the need for a solution to distracted driving resulting
from the use of mobile phones, the NHTSA has published a comprehensive study suggesting that a complete solution must contain the following
features: (i) the ability to distinguish between the driver’s area of the vehicle and the rest of the vehicle, (ii) does not depend
on the cooperation of the driver, and (iii) selective blocking of cell phone applications. Our SaverOne system has been designed
with these features in mind, and it is for this reason that we believe that it is significantly better than the existing product solutions
sold in the market.

The NHTSA’s driving guidelines do not constitute U. S. law and
compliance does not result in compliance with U. S. driving safety regulations. In order to market our products to vehicle manufacturers
we may be required to meet different types of regulations requirements such as International Organization for Standardization (ISO) 26262
Functional Safety Regulations (ASIL), the International Standard for Automotive Quality Management Systems (IAFT) 16949, Automotive Software
Process Improvement and Capability Determination (SPICE) or other common quality management standards. In order to meet the quality requirements,
we will have to cooperate with vehicle manufacturers, to receive their customers’ quality requirements that meet the requisite regulation
of such customers and implement tools, processes and methodologies. Such implementation will require significant resources and funds and
is expected to consume significant time and effort. We expect that only our OEM solution, which is a solution designed for the OEM market,
may require compliance with the foregoing regulations, whereas our Generation 1.0 and 2.0 solutions, both after-market solutions, are
not required to comply with the foregoing regulations.

The SaverOne system currently has achieved safety and radiation certifications
from Hermon Laboratories, an internationally approved testing and certification lab. SaverOne’s solution is certified for operating
in Israel, the United States, Europe, Japan and Mexico. These certifications assure that SaverOne product complies with the regulations/legislations
in these countries/regions.

Market
Opportunity

DDPS
System

Motor
vehicles are omnipresent throughout the world. As of 2015, there were over 263 million motor vehicles