Company: SVREW
Filing Date: 2025-03-21
Form Type: DRS
Source: 0001013762-25-001063
Chunk: 68

Company: SaverOne 2014 Ltd.
Filing Date: 2025-03-21
Form: DRS
Chunk 68
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,
including, with respect to liabilities resulting from this offering to the extent that these liabilities are not covered by insurance.
This indemnification is limited as follows: the maximum aggregate amount of indemnification that we may pay to all office holders entitled
to indemnification, whether in advance or after the event, with respect to all our indemnification undertakings to officer holders, if
and to the extent that it grants them, based on the grounds specified above, shall not exceed the maximum indemnification amount of 25%
of our shareholders’ equity according to its last financial statements at the time of indemnification. Such indemnification amounts
are in addition to any insurance amounts. However, in the opinion of the SEC, indemnification of office holders for liabilities arising
under the Securities Act is against public policy and therefore unenforceable.

There is no pending litigation
or proceeding against any of our office holders as to which indemnification is being sought, nor are we aware of any pending or threatened
litigation that may result in claims for indemnification by any office holder.

We have also entered into
agreements with each of our current office holders undertaking to exculpate them in accordance with the Companies Law, whereby an Israeli
company may exculpate an office holder in advance from liability to the company, in whole or in part, for damages caused to the company
as a result of a breach of duty of care, if a provision authorizing such exculpation is included in its articles of association. Our Articles
of Association include such a provision. A company may not exculpate an office holder from liability for a breach of a fiduciary duty,
and may not exculpate a director in advance from liability arising out of a prohibited dividend or distribution to shareholders. We also
do not exculpate our directors in advance from liability for damages caused to the company as a result of a breach of duty of care in
connection with a transaction in which a controlling shareholder or any office holder has a personal interest.

Item 7. Recent Sales of Unregistered Securities.

We have issued securities
which were not registered under the Securities Act as set forth below.

The following is a summary
of transactions during the preceding three years involving sales of our securities that were not registered under the Securities Act (all
amounts converted to USD using the exchange rate as of December 31, 2024):

On January 31, 2021, we issued
288,080 ordinary shares upon exercise