Company: ALAR
Filing Date: 2025-03-20
Form Type: 20-F
Source: 0001213900-25-025287
Chunk: 176

Company: Alarum Technologies Ltd.
Filing Date: 2025-03-20
Form: 20-F
Item: Item 19
Chunk 176
---
,000      -                  209      -              -                
  November 27, 2023         925,572      -                  494      -              -                
                          1,675,572                                                                  
  2022                                                                                               
  Options                                                                                            
  March 13, 2022             84,000      0.66                59      93.01          2.08         10  
  May 30, 2022              323,000      0.00 - 0.57        125      92.55          2.57         10  
  August 31, 2022           228,000      0.47                63      91.14          2.97         10  
  November 28, 2022       1,673,060      0.34               295      91.09          3.30         10  
  December 19, 2022       1,020,000      0.41               116      90.78          3.37         10  
  December 21, 2022          20,000      0.29                 2      90.78          3.47         10  
                          3,348,060                                                                  

  (*)      Translated from NIS based on the U. S. dollars/NIS exchange  
           rate as of December 31, 2024.                                
 ────────────────────────────────────────────────────────────────────────

F-26

ALARUM TECHNOLOGIES LTD.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)

The fair value of the options was determined using
the binomial model. Volatility is based on volatility data of the traded share price of the Company. The early exercise multiple used
for the fair value calculations for grants during 2024, 2023 and 2022 is2.5for each offeree. The fair value of RSUs and options with
a zero-exercise price was estimated based on the share price on the grant date.

Movement in the number of share options and RSUs outstanding and their
related weighted average exercise prices are as follows:

Options

                                                2024                                                              
                                           Number of                                                              
                                             options                                                              
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Outstanding at beginning of year: