Company: EVGN
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001178913-25-001092
Chunk: 155

Company: Evogene Ltd.
Filing Date: 2025-03-27
Form: 20-F
Item: Item 4A
Chunk 155
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 of directors and our shareholders, in that order. In the case of our Chief Executive
Officer, the shareholder approval must fulfill, in addition to an ordinary majority, one of the following two special majority requirements:

  at least a majority of the voting rights in the company held by non-controlling shareholders who have no conflict of interest (referred        

  the voting rights held by non-controlling, non-conflicted shareholders (as described in the previous bullet point) who are present        

As described above (concerning votes related to external directors),
a shareholder is presumed to be a controlling shareholder if the shareholder holds 50% or more of the voting rights in the company or
has the right to appoint the majority of the directors of the company or its general manager (chief executive officer). In addition, as
it relates to the approval of related party transactions, a controlling shareholder is furthermore deemed to include any shareholder possessing
25% or more of the voting rights if no other shareholder possesses more than 50% of the voting rights.

If the transaction or compensation arrangement of the office holder
brought for approval amends an existing arrangement, then only the approval of the audit committee or compensation committee (as appropriate)
is required if that committee determines that the amendment is not material in relation to the existing arrangement.

91

Disclosure of Personal Interests of Controlling
Shareholders and Approval of Certain Transactions

Pursuant to the Companies Law, the disclosure requirements regarding
personal interests that apply to directors and executive officers also apply to a controlling shareholder of a public company. In the
case of an extraordinary transaction between a public company and a controlling shareholder, or in which a controlling shareholder has
a personal interest, the shareholder approval requirement - by a special majority - that applies to a compensation arrangement
for the chief executive officer (as described above) also applies to the extraordinary transaction (except that a controlling shareholder’s
vote is not excluded from the special majority determination, unless the controlling shareholder possesses a conflict of interest/ personal
interest). We currently do not have a controlling shareholder.

Shareholder Duties

Pursuant to the Companies Law, a shareholder has a duty to act
in good faith and in a customary manner toward the company and other shareholders and to refrain from abusing his, her or its power with
respect to the company, including, among other things, in voting at a general meeting and at shareholder class meetings with respect to
the following matters: (i) an amendment to the company’s articles of association; (