Company: EVGN
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001178913-25-001092
Chunk: 93

Company: Evogene Ltd.
Filing Date: 2025-03-27
Form: 20-F
Item: Item 4
Chunk 93
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 234 tons of seeds, in lieu of expired previous orders from 2023.
 
Intellectual Property
 
Casterra’s policy is to register 'breeders rights' over its commercial castor varieties, in target territories. As of the date of this Annual Report, Casterra is in the process of filing breeders rights in Europe. To date, Casterra has registered its commercial varieties in Brazil and Argentina.
 
In addition, Casterra filed a patent application with respect to a dehulling machine it developed.
 
Government Regulation of our R&D Operations
 
Casterra’s activities in Israel in the field of seeds are regulated by the Israeli Ministry of Environmental Protection. Pursuant to these regulations, Casterra is required, among other things, to obtain toxins permits, which allow it to conduct experiments using “hazardous materials,” as such term is defined in the applicable regulations, and to follow specific rules regarding waste disposal. Violation of these regulations may expose Casterra to criminal penalties, administrative sanctions and responsibility to compensate those injured for any environmental damages.
 
Government Regulation of Seed Import
 
Seed import is subject to field and warehouse inspection by the regulator in the country of destination for compliance with the local regulations. These regulations typically include, among others, phytosanitary inspection for pests and diseases.
Raw Materials
 
Casterra does not significantly rely upon any sources of raw materials for its operations.
 
Seasonality
 
Casterra’s castor seed business in general, and revenues in particular, generated from sales of castor seeds and related agro-technical services to local castor growers, are subject to variations based on crop seasonality. The timing of Casterra’s seed production, as well as the delivery of castor seeds to its partners and revenue recognition with respect to such seed sales, derive substantially from the seasonality of castor growing in the seed production locations and in the target markets.
C.          Organizational Structure
 
The legal name of our company is Evogene Ltd. and we are organized under the laws of the State of Israel. As of the date of this Annual Report, we hold directly and indirectly the percentage indicated of the issued and outstanding capital stock of the following significant subsidiaries:

           Name              Jurisdiction    Ownership  
      of Subsidiary                           Interest  
--------------------------------------------------------
AgPlenus Ltd.                Israel            98.3% (1)
Biomica Ltd.                 Israel            75.8% (2)
Casterra Ag Ltd. (formerly   Israel             99.5(3)