Company: SVREW
Filing Date: 2025-01-31
Form Type: 424B5
Source: 0001213900-25-008656
Chunk: 24

Company: SaverOne 2014 Ltd.
Filing Date: 2025-01-31
Form: 424B5
Chunk 24
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 As a result of the events of October 7, 2023, the Israeli government declared that the country was at war and the Israeli
military began to call-up reservists for active duty. As a result, one member of management and a few employees were called for military
reserve duty. To date, our member of management and the majority of employees who were initially called for active duty have since been
released. The remaining employees that are still in military reserve duty do not perform critical functions for us. It is possible that
there will be further or longer military reserve duty call-ups in the future, which may affect our business due to a shortage of skilled
labor and loss of institutional knowledge, and necessary mitigation measures we may take 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