Company: ALAR
Filing Date: 2025-03-20
Form Type: 20-F
Source: 0001213900-25-025287
Chunk: 123

Company: Alarum Technologies Ltd.
Filing Date: 2025-03-20
Form: 20-F
Item: Item 10
Chunk 123
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 persons that have a “functional
currency” other than the U. S. dollar, persons that own directly, indirectly or through attribution 10% or more of our shares by
vote or value, persons subject to special tax accounting rules as a result of any item of gross income with respect to the shares being
taken into account in an applicable financial statement, corporations that accumulate earnings to avoid U. S. federal income tax, partnerships
and other pass-through entities, and investors in such pass-through entities). This discussion does not address any U. S. state or local
or non-U. S. tax consequences or any U. S. federal estate, gift or alternative minimum tax or Medicare tax consequences.

As used in this discussion,
the term “ U. S. Holder” means a beneficial owner of Ordinary Shares that is, for U. S. federal income tax purposes, (1) an individual
who is a citizen or resident of the United States, (2) a corporation (or entity treated as a corporation for U. S. federal income tax purposes)
created or organized in or under the laws of the United States, any state thereof, or the District of Columbia, (3) an estate the income
of which is subject to U. S. federal income tax regardless of its source or (4) a trust (x) with respect to which a court within the United
States is able to exercise primary supervision over its administration and one or more United States persons have the authority to control
all of its substantial decisions or (y) that has elected under applicable U. S. Treasury regulations to be treated as a domestic trust
for U. S. federal income tax purposes.

If an entity or arrangement
treated as a partnership for U. S. federal income tax purposes holds Ordinary Shares, the U. S. federal income tax consequences relating
to an investment in the ordinary shares will depend in part upon the status and activities of such entity or arrangement and the particular
partner. Any such entity or arrangement should consult its own tax advisor regarding the U. S. federal income tax consequences applicable
to it and its partners of the ownership and disposition of Ordinary Shares.

THE FOLLOWING SUMMARY IS INCLUDED
HEREIN FOR GENERAL INFORMATION AND IS NOT INTENDED TO BE, AND SHOULD NOT BE CONSIDERED TO BE, LEGAL OR TAX ADVICE. EACH U. S. HOLDER SHOULD
CONSULT WITH HIS OR HER OWN TAX ADVISOR AS TO THE PARTICULAR U. S. FEDERAL