Company: ALAR
Filing Date: 2025-03-20
Form Type: 20-F
Source: 0001213900-25-025287
Chunk: 91

Company: Alarum Technologies Ltd.
Filing Date: 2025-03-20
Form: 20-F
Item: Item 6
Chunk 91
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 Israeli Companies Law, may not be appointed as an alternate director
of an independent director qualified as such under the Israeli Companies Law. Unless the appointing director limits the time or scope
of the appointment, the appointment is effective for all purposes until the appointing director ceases to be a director or terminates
the appointment. On October 26, 2021, our board of directors appointed Mr. Avi Rubinstein as a director and member of the board until
the conclusion of the next annual general meeting of shareholders of the Company.

Committees of the Board of Directors

Our board of directors has
established three standing committees, the audit committee, the compensation committee, and the Financial Statements Examination Committee.

Audit Committee

Under the Israeli Companies
Law, we are required to appoint an audit committee. The audit committee must be comprised of at least three directors. The audit committee
may not include the chairman of the board; a controlling shareholder of the company or a relative of a controlling shareholder; a director
employed by or providing services on a regular basis to the company, to a controlling shareholder or to an entity controlled by a controlling
shareholder; or a director who derives most of his or her income from a controlling shareholder.

In addition, a majority of
the members of the audit committee of a publicly traded company must be independent directors under the Israeli Companies Law. Our audit
committee is comprised of Mr. Yehuda Halfon, Mr. Moshe Tal and Ms. Rakefet Remigolski.

Under the Israeli Companies
Law, our audit committee is responsible for:

  (i)        determining whether there are deficiencies in the business management practices of our company, and making recommendations to the board of directors to improve such practices;                       
  (ii)       determining whether to approve certain related party transactions (including transactions in which an office holder has a personal interest and whether such transaction is extraordinary or mate...  
  (iii)      determining the approval process for transactions that are “non-negligible” (i.e., transactions with a controlling shareholder that are classified by the audit committee as non-negligible, even...  
  (iv)       examining our internal controls and internal auditor’s performance, including whether the internal auditor has sufficient resources and tools to dispose of its responsibilities;                     

  (v)        examining the scope of our auditor’s work and compensation and submitting a recommendation with respect thereto to our board of directors or shareholders, depending on which of them is consider...