Company: ALAR
Filing Date: 2025-03-20
Form Type: 20-F
Source: 0001213900-25-025287
Chunk: 142

Company: Alarum Technologies Ltd.
Filing Date: 2025-03-20
Form: 20-F
Item: Item 16G
Chunk 142
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ITEM 16G. CORPORATE GOVERNANCE

As a result of the listing
of the ADSs on the Nasdaq Capital Market we are required to comply with the Nasdaq Stock Market rules. Under those rules, we may elect
to follow certain corporate governance practices permitted under the Israeli Companies Law in lieu of compliance with corresponding corporate
governance requirements otherwise imposed by the Nasdaq Stock Market rules for U. S. domestic issuers.

In accordance with Israeli
law and practice and subject to the exemption set forth in Rule 5615 of the Nasdaq Stock Market rules, we have elected to follow
the provisions of the Israeli Companies Law, rather than the Nasdaq Stock Market rules, with respect to the following requirements:

  Distribution of periodic reports to shareholders; proxy solicitation. As opposed to the Nasdaq Stock Market rules, which require listed issuers to make such reports available to shareholders in...  

  Quorum. While the Nasdaq Stock Market rules require that the quorum for purposes of any meeting of the holders of a listed company’s common voting stock, as specified in the company’s bylaws, b...  
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  Compensation of officers. Israeli law and our amended and restated articles of association do not require that the independent members of our board of directors (or a compensation committee com...  
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Shareholder approval is generally required
for officer compensation in the event (i) approval by our board of directors and our compensation committee is not consistent with our
office holder compensation policy, or (ii) compensation required to be approved is that of our chief executive officer or an executive
officer who is also the controlling shareholder of our company (including an affiliate thereof). Such shareholder approval shall require
a majority vote of the shares present and voting at a shareholders meeting, provided either (i) such majority includes a majority of the
shares held by non-controlling shareholders who do not otherwise have a personal interest in the compensation arrangement that are voted
at the meeting, excluding for such purpose any abstentions disinterested majority, or (ii) the total shares held by non-controlling and
disinterested shareholders voted against the arrangement does not exceed 2% of the voting rights in our company.

Additionally, approval of the