Company: MOBBW
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001013762-25-003365
Chunk: 19

Company: Mobilicom Ltd
Filing Date: 2025-03-27
Form: 20-F
Item: Item 3
Chunk 19
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 highly unpredictable, the conflict in Ukraine could lead to market
disruptions, including significant volatility in credit and capital markets.

Additionally, Russia’s
prior annexation of Crimea, recent recognition of two separatist republics in the Donetsk and Luhansk regions of Ukraine and
subsequent military interventions in Ukraine have led to sanctions and other penalties being levied by the United States, European
Union and other countries against Russia, Belarus, the Crimea Region of Ukraine, the so-called Donetsk People’s Republic, and
the so-called Luhansk People’s Republic, including agreement to remove certain Russian financial institutions from the Society for
Worldwide Interbank Financial Telecommunication, or SWIFT, payment system. Additional potential sanctions and penalties have also been
proposed and/or threatened. Russian military actions and the resulting sanctions could adversely affect the global economy and financial
markets.

In October 2023, Hamas terrorists
infiltrated Israel’s southern border from the Gaza Strip and conducted a series of attacks on civilian and military targets. Hamas
also launched extensive rocket attacks on the Israeli population and industrial centers located along Israel’s border with the Gaza
Strip and in other areas within the State of Israel. As a result of the events of October 7, 2023, the Israeli government declared that
the country was at war and the Israeli military began to call-up reservists for active duty. Since the commencement of these events, there
have been continued hostilities along Israel’s northern border with Lebanon (with the Hezbollah terror organization) and on other
fronts from various extremist groups in the region, such as the Houthis in Yemen and various rebel militia groups in Syria and Iraq. Israel
has carried out a number of targeted strikes on sites belonging to these terror organizations. In October 2024, Israel began limited ground
operations against Hezbollah in Lebanon, and in November 2024, a ceasefire was brokered between Israel and Hezbollah. In addition, Iran
recently launched direct attacks on Israel involving hundreds of drones and missiles and has threatened to continue to attack Israel.
To date, none of our employees are in active military reserve duty. Nevertheless, our product, research and development and business development
activities remain on track. See also “ Item 3, D - Risk Factors - Risks Related to Israeli Law and our Operations in Israel
 - Political, economic and military instability in Israel may impede our ability to operate and harm our financial results”
for additional information.

Any of the abovementioned
factors could affect our business