Company: SVREW
Filing Date: 2025-07-08
Form Type: 424B3
Source: 0001213900-25-062089
Chunk: 44

Company: SaverOne 2014 Ltd.
Filing Date: 2025-07-08
Form: 424B3
Chunk 44
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 or the right to appoint 25% or more of the directors
of the acquiror. If, however, the merger involves a merger with a company’s own controlling shareholder or if the controlling shareholder
has a personal interest in the merger, then the merger is instead subject to the same special majority approval that governs all extraordinary
transactions with controlling shareholders (as described under “Management — Fiduciary duties and approval of related-party
transactions— Approval of related-party transactions”). If the transaction would have been approved by the shareholders of
a merging company but for the exclusion of the votes of certain shareholders as provided above, a court may still approve the merger upon
the request of holders of at least 25% of the voting rights of a company, if the court holds that the merger is fair and reasonable, taking
into account the value to the parties to the merger and the consideration offered to the shareholders of the company.

Upon the request of a creditor
of either party to the proposed merger, the court may delay or prevent the merger if it concludes that there exists a reasonable concern
that, as a result of the merger, the surviving company will be unable to satisfy the obligations of the merging entities, and may further
give instructions to secure the rights of creditors.

<div align='center'>23</div>

In addition, a merger may
not be consummated unless at least 50 days have passed from the date on which a proposal for approval of the merger was filed by each
party with the Israeli Registrar of Companies and at least 30 days have passed from the date on which the merger was approved by the shareholders
of each party.

Borrowing powers

Pursuant to the Companies
Law and our Articles of Association, our board of directors may exercise all powers and take all actions that are not required under law
or under our Articles of Association to be exercised or taken by our shareholders, including the power to borrow money for company purposes.

Changes in capital

Our Articles of Association
enable us to increase or reduce our share capital. Any such changes are subject to the provisions of the Companies Law and must be approved
by a resolution duly passed by our shareholders at a general meeting. In addition, transactions that have the effect of reducing capital,
such as the declaration and payment of dividends in the absence of sufficient retained earnings or profits, require the approval of both
our board of directors and an Israeli court.

<div align='center'>DESCRIPTION OF AMERICAN DEPOSITARY SHARES</div>

American Deposit