Company: EVGN
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001178913-25-001092
Chunk: 152

Company: Evogene Ltd.
Filing Date: 2025-03-27
Form: 20-F
Item: Item 4A
Chunk 152
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appropriate incentives for office holders, while considering, among other things, the company’s risk management policy; the size
and the nature of the company’s operations; and with respect to variable compensation, the contribution of the office holder towards
the achievement of the company’s long-term goals and the maximization of its profits, all with a long-term objective and according
to the position of the office holder. The compensation policy must furthermore consider the following additional factors:

  the education, skills, experience, expertise and accomplishments of the relevant office holder;  

  the office holder’s position and responsibilities;  

  prior compensation agreements with the office holder;  

  the ratio between the cost of the terms of employment of an office holder and the cost of the employment of other employees of the        

  relationships in the company;  

  if the terms of employment include variable components — the possibility of reducing variable components at the discretion       

  if the terms of employment include severance compensation — the term of employment or office of the office holder, the terms       

The compensation policy must also include, among other things:

  with regard to variable components:  

  o       with the exception of office holders who report to the chief executive officer, a means of determining the variable components on            
          the basis of long-term performance and measurable criteria; provided that the company may determine that an immaterial part of the variable  
          components of the compensation package of an office holder shall be awarded based on non-measurable criteria, or if such amount is not       
          higher than three months’ salary per annum, taking into account such office holder’s contribution to the company; and                        
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  o       the ratio between variable and fixed components, as well as the limit of the values of variable components at the time of their payment,  

  a condition under which the office holder will return to the company, according to conditions to be set forth in the compensation  

  the minimum holding or vesting period of variable equity-based components, while taking into consideration long-term incentives;  

  a limit to retirement grants.  

Internal Auditor

Under the Companies Law, the board of directors of an Israeli public
company must appoint an internal auditor recommended by the audit committee. Under the Companies Law, the internal auditor may be an employee
of the company but not an office holder, an affiliate, or a relative of an office holder or affiliate, and may not be the company’s