Company: REE
Filing Date: 2025-03-27
Form Type: 424B5
Source: 0001013762-25-003025
Chunk: 53

Company: REE Automotive Ltd.
Filing Date: 2025-03-27
Form: 424B5
Chunk 53
---

provisions of the Securities Act or the Securities Exchange Act of 1934, as amended, the Exchange Act, and including a monetary or compensatory
judgment in a non-civil matter, provided that, among other things, the following key conditions are met:

| ● | the judgment is obtained after due process before a court of competent jurisdiction, according to the laws of the state in which the judgment is given and the judgment is enforceable according to the law of the foreign state in which the relief was granted; |

| ● | the obligation imposed by the judgment is enforceable according to the rules relating to the enforceability of judgments in Israel; and |

| ● | the substance of the judgment and its enforcement is not contrary to the law, public policy, security or sovereignty of the State of Israel. |

Even if the above conditions
are met, an Israeli court will not enforce a U.S. judgment in a civil matter if:

| ● | the judgment was given in a state whose laws do not provide for the enforcement of judgments of Israeli courts (subject to exceptional cases and a request by the attorney general); |

| ● | the judgment was obtained by fraud; |

| ● | the opportunity given to the defendant to bring its arguments and evidence before the court was not reasonable in the opinion of the Israeli court; |

| ● | the judgment was rendered by a court not competent to render it according to the laws of private international law as they apply in Israel; |

| ● | the judgment is contradictory to another judgment that was given in the same matter between the same parties and that is still valid; or |

| ● | at the time the action was brought in the foreign court, a lawsuit in the same matter and between the same parties was pending before a court or tribunal in Israel. |

If a foreign judgment is
enforced by an Israeli court, it generally will be payable in NIS, which can then be converted into non-Israeli currency and transferred
out of Israel. The usual practice in an action before an Israeli court to recover an amount in a non-Israeli currency is for the Israeli
court to issue a judgment for the equivalent amount in NIS at the rate of exchange in force on the date of the judgment, but the judgment
debtor may make payment in non-Israeli currency. Pending collection, the amount of the judgment of an Israeli court stated in NIS ordinarily
will be linked to the Israeli consumer price index plus interest at the annual statutory rate set by Israeli regulations prevailing at