Company: ALAR
Filing Date: 2025-03-20
Form Type: 20-F
Source: 0001213900-25-025287
Chunk: 105

Company: Alarum Technologies Ltd.
Filing Date: 2025-03-20
Form: 20-F
Item: Item 6
Chunk 105
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 breach
of the above-mentioned duties, and in the event of oppression of other shareholders, additional remedies are available to the injured
shareholder.

In addition, any controlling
shareholder, any shareholder that knows that its vote can determine the outcome of a shareholder vote and any shareholder that, under
a company’s articles of association, has the power to appoint or prevent the appointment of an office holder, or has another power
with respect to a company, is under a duty to act with fairness towards the company. The Israeli Companies Law does not describe the substance
of this duty except to state that the remedies generally available upon a breach of contract will also apply in the event of a breach
of the duty to act with fairness, taking the shareholder’s position in the company into account.

  Employees.  

As of December 31, 2024, we
had 3 senior management positions on a full-time basis, all engaged as employees. In addition to our senior management, we had approximately
65 employees, sub-contractor’s employees and consultants, on full and part time basis, almost all of whom are located in Israel.

Out of the total number of
employees, in sales and development/support activities we employed approximately 25 employees/consultants in each activity, while 15 employees
were occupied in general, administrative and corporate activities. None of our employees is represented by labor unions or covered by
collective bargaining agreements.

As of December 31, 2023, we
had 2 senior management positions on a full-time basis, both engaged as employees. In addition to our senior management, we had approximately
50 employees, sub-contractor’s employees and consultants, on full and part time basis, almost all of whom are located in Israel.

As of December 31, 2022, we
had 2 senior management positions on a full-time basis and one executive on part-time basis. All were engaged as employees. In addition
to our senior management, we had approximately 50 employees, sub-contractor’s employees and consultants, on full and part time basis,
almost all of whom are located in Israel.

  Share Ownership.  

The following table lists
as of March 10, 2025, the number of our shares beneficially owned by each of our office holders as a group:

  Chen Katz (3)                                    603,330      *    
  Shachar Daniel (4)                               734,025      1.0  
  Shai Avnit (