Company: ALAR
Filing Date: 2025-03-20
Form Type: 20-F
Source: 0001213900-25-025287
Chunk: 185

Company: Alarum Technologies Ltd.
Filing Date: 2025-03-20
Form: 20-F
Item: Item 19
Chunk 185
---
 follows:

                                                               Year ended December 31                                                          
                                                               2024                                      2023                 2022             
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
                                                               U. S. dollar in thousands                                                       
  Payroll, management fees, and other short-term benefits                                     1,177                  921                  833  
  Share-based payments                                                                          455                  238                  270  
                                                                                              1,632                1,159                1,103  

Balances with related parties

                         December 31                                            
                         2024                                    2023           
 ────────────────────────────────────────────────────────────────────────────────
                         U. S. dollar in thousands                              
  Employees payable                                     508                376  
  Accounts payable                                      146                 29  
                                                        654                405  

NOTE 22 - SUBSEQUENT EVENTS:

Options and RSUs grants

During 2025, the Company granted employees and
consultants an amount of291,122RSUs and options.

A motion to certify a claim as a class
action

On February
16, 2025, the Company, along with its CEO, Mr. Shachar Daniel, and its Chief Financial Officer, Mr. Shai Avnit, were served with a motion
to certify a claim as a class action in the Economic Department at the District Court in Tel Aviv, Israel (the “ Motion”).
The Motion refers to statements made between March 14, 2024 and August 26, 2024. In the Motion, one shareholder alleges that based on
the Company’s announcement dated August 26, 2024, which included financial outlook for third quarter of 2024, the Company allegedly
made various untrue and misleading statements regarding the Company’s business, operations and prospects. The Company has also been
made aware of, but not formally served with, a complaint of similar nature filed in the United States District Court for the District
of New Jersey against the Company, Mr. Daniel, Mr. Avnit, and the Company’s chairman, Mr. Chen Katz. The Company believes that both
actions are unfounded, relying on false chronological and factual basis and without legitimate
grounds. The Company intends to defend itself vigorously against these proceedings.

F-35