Company: MOBBW
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001013762-25-003365
Chunk: 27

Company: Mobilicom Ltd
Filing Date: 2025-03-27
Form: 20-F
Item: Item 3
Chunk 27
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 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.

Since the war broke out on
October 7, 2023, our operations have not been adversely affected by this situation, and we have not experienced disruptions to our business
operations. As such, our product research and development and business development activities remain on track. However, the intensity
and duration of Israel’s current war against Hamas, Hezbollah, the Houthis, and Iran, and is difficult to predict at this stage,
as are such war’s economic implications on our business and operations and on Israel’s economy in general. If the ceasefire
declared collapse or a new war commences or hostilities expand to other fronts, our operations may be adversely affected.

Any
armed conflicts, terrorist activities or political instability in the region could adversely affect business conditions, could harm our
results of operations and the market price of our Ordinary Shares, and could make it more difficult for us to raise capital. Parties with
whom we do business may sometimes decline 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. Several countries, principally in the Middle East, still
restrict doing business with Israel and Israeli companies, and additional countries may impose restrictions on doing business with Israel
and Israeli companies if hostilities in Israel or political instability in the region continues or increases. Similarly, Israeli companies
are limited in conducting business with entities from several countries. For instance, in 2008, the Israeli legislature passed a law forbidding
any investments in entities that transact business with Iran.

Our insurance does not cover
losses that may occur as a result of events associated with war and terrorism. Although the Israeli government currently covers the reinstatement
value of direct damages that are caused by terrorist attacks or acts of war, we cannot assure you that this government coverage will be
maintained or that it will sufficiently cover our potential damages. Any losses or damages incurred by us could have a material adverse
effect on our business. Any armed conflicts or political instability in the region would likely negatively affect business conditions