Company: ALAR
Filing Date: 2025-03-20
Form Type: 20-F
Source: 0001213900-25-025287
Chunk: 40

Company: Alarum Technologies Ltd.
Filing Date: 2025-03-20
Form: 20-F
Item: Item 3
Chunk 40
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 of over two weeks. Employees of such service providers or contractual counterparties may be called for service
in current or future wars or other armed conflicts and such persons may be absent from their positions for a period of time. Currently,
we have not been impacted by any absences of personnel at our service providers or counterparties located in Israel. However, military
service call ups that result in absences of personnel from us, our service providers or contractual counterparties in Israel may disrupt
our operations and absences for an extended period of time may materially and adversely affect our business, prospects, financial condition
and results of operations.

In
April and October 2024, Iran launched missile and unmanned aerial vehicle, or UAV, attacks on Israel. Most of the missiles and UAVs were
intercepted by Israel’s defense systems, with support from the United States and other countries, including regional allies, preventing
significant damage and resulting in no casualties. Despite the successful interceptions, the attacks posed an elevated threat to Israel’s
security.

In
December 2024, Ba’athist Syria, led by President Bashar al-Assad, collapsed during a major offensive by opposition forces made up of
several competing rebel groups. In response, the Israeli Defense Forces took control over a United Nations-designated buffer zone over
Mount Hermon that separates Israel and Syria. Simultaneously, Israel conducted targeted military strikes against military assets in Syria,
aiming to eliminate any chemical weapons storage sites that could be used by rebel groups and further weaken Iran’s operational
capabilities in the region. While the transitional government of Syria has indicated that it is interested in reconstruction and stability
rather than a continuation of conflicts with Israel, there are no guarantees that there will be no future escalation of hostilities or
that Syria will not permit other neighboring countries to launch attacks at Israel from its territory.

It
is possible that other terrorist organizations, including Palestinian military organizations in the West Bank, as well as other hostile
countries, will join the hostilities. Additionally, Iran may continue its direct aggression against Israel. Such hostilities may include
terror and missile attacks. Any hostilities involving Israel, or the interruption or curtailment of trade between Israel and its trading
partners could adversely affect our operations and results of operations.

Since
the war broke out on October 7, 2023, our operations have not been materially adversely affected by this war. However, at this time,
it is not possible to predict the intensity or duration of the war, nor can