Company: SVREW
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001013762-25-001028
Chunk: 43

Company: SaverOne 2014 Ltd.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 3
Chunk 43
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 to respond to a decrease
in labor availability, such as overtime and third-party outsourcing, for example, which may have unintended negative effects and adversely
impact our results of operations, liquidity or cash flows.

In
addition, since the commencement of these events, there have been continued hostilities along Israel’s northern border with Lebanon
(with the Hezbollah terror organization) and southern border (with the Houthi movement in Yemen). It is possible that hostilities with
Hezbollah in Lebanon will escalate, and that other terrorist organizations, including Palestinian military organizations in the West
Bank as well as other hostile countries, such as Iran, will join the hostilities. Such clashes may escalate in the future into a greater
regional conflict. In addition, Iran has threatened to attack Israel and is widely believed to be developing nuclear weapons. Iran is
also believed to have a strong influence among extremist groups in the region, such as Hamas in Gaza, Hezbollah in Lebanon, the Houthi
movement in Yemen and various rebel militia groups in Syria and Iraq. These situations may potentially escalate in the future to more
violent events which may affect Israel and us. Any hostilities, armed conflicts, terrorist activities involving Israel or the interruption
or curtailment of trade between Israel and its trading partners, or any political instability in the region could adversely affect business
conditions and our results of operations and could make it more difficult for us to raise capital and could adversely affect the market
price of our ordinary share. An escalation of tensions or violence might result in a significant downturn in the economic or financial
condition of Israel, which could have a material adverse effect on our operations in Israel and our business. Parties with whom we do
business have sometimes declined to travel to Israel during periods of heightened unrest or tension, forcing us to make alternative arrangements
when necessary in order to meet our business partners face to face. In addition, the political and security situation in Israel may result
in parties with whom we have agreements involving performance in Israel claiming that they are not obligated to perform their commitments
under those agreements pursuant to force majeure provisions in such agreements. Our business interruption insurance may not adequately
compensate us for losses, if at all, that may occur as a result of an event associated with a security situation in the Middle East,
and any losses or damages incurred by us could have a material adverse effect on our business.

Since
the war broke out on October 7, 2023, our operations have not been adversely affected by this situation