Company: MOBBW
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001013762-25-003365
Chunk: 55

Company: Mobilicom Ltd
Filing Date: 2025-03-27
Form: 20-F
Item: Item 4
Chunk 55
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adequate to protect against third parties obtaining the intellectual property (or parts of it) which may adversely affect our business.

Regulation

The FCC in the US, ETSI in
Europe and Telec in Japan are the key regulatory organization worldwide which are responsible for establishing, managing, and developing
safety and operation standards and regulations for electronics equipment usage in commercial market. Our products have a number of existing
certifications, including FCC, ETSI, Telec and other safety and environmental certifications relating to shock, vibration and temperature
ranges which are anticipated to provide us with a basis from which to meet the regulatory and certification requirements for our target
markets. In some cases, explicit authorization from the US or Israeli government may be needed to export our products. We have received
ITAR and CJ certifications to allow exports from the US, and, when exporting to certain countries from Israel, DECA regulations may apply,
even though to date the DECA has determined that these regulations do not apply to our currently sold products. We cannot provide assurance
that such export authorizations will be available in the future for our existing and newly developed products.

In the event we make sales
to defense and other mission critical markets, the products may be required to pass certain testing or certifications including, radiofrequency
emission, environmental conditions (IP67, low/high temperature, shocks, vibrations, etc.), as required in each individual instance. Additionally,
we have obtained a license issued by Israel’s Ministry of Communication that is required for us to act as a radiofrequency communication
equipment developer in Israel.

We are also subject to the
provisions of the Research Law, which may restrict our ability to move the production of products or sell the intellectual property or
know-how developed using grants received from the IIA (see “ Item 3, D - Risk Factors - Risks Related to Israeli Law and
our Operations in Israel - We received Israeli government grants from IIA for certain of our research and development activities,
the terms of which may require us to pay royalties and to satisfy specified conditions in order to manufacture products and transfer technologies
outside of Israel. If we fail to satisfy these conditions, we may be required to pay penalties and refund grants previously received”
for further information).

Employees

We currently employ 21 full
time and 9 part-time employees across Israel, the United States, and Australia. In addition, we retain third-party contractors and consultants.

Legal Proceedings

We are not party to any material
legal proceedings.

C. Organ