Company: SVREW
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001013762-25-001028
Chunk: 85

Company: SaverOne 2014 Ltd.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 6
Chunk 85
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) paid, set aside or accrued to provide pension,
severance, retirement or similar benefits or expenses and approximately NIS 0.5 million ($0.136 million) share-based compensation expenses,
but does not include business travel, professional and business association dues and expenses reimbursed to office holders, and other
benefits commonly reimbursed or paid by companies in our industry. As of December 31, 2024, 450,000 restricted shares and 870,702 options
to purchase ordinary shares granted to our officers and directors were outstanding under our share option plan at a weighted average
exercise price of NIS 8.85 ($2.43) per share.

In
accordance with the Companies Law, the table below reflects the compensation granted to our five most highly compensated officers during
or with respect to the year ended December 31, 2024. For purposes of the table and the summary below, “compensation” includes
base salary, bonuses, equity-based compensation, retirement or termination payments, benefits and perquisites such as car, phone and
social benefits and any undertaking to provide such compensation.

  Name                                       Salary (1)                 Bonus (2)               Equity-Based                          
  and Principal Position                                                                        Compensation (3)                      
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
                                                                                                (NIS                                  
  Ori                                                        1,465                     365                            430      2,260  
  Aviram                                                       910                     -                               20        930  
  Yossi                                                        714                     -                               16        730  
  Omri                                                         600                     -                               31        701  

  (1)      Salary                                                                                         

  (2)      Represents                                                                                       

  (3)      Represents                                                                                   

  (4)      Represents                                                        

  (5)      Mr.                                                    

Employment
and Consulting Agreements

Our
employees are employed under the terms prescribed in their respective employment contracts. The employees are entitled to the social
benefits prescribed by law and as otherwise provided in their agreements. These agreements each contain provisions standard for a company
in our industry regarding non-competition, confidentiality of information and assignment of inventions. Under currently applicable labor
laws, we may not be able to enforce covenants not to compete and therefore may be unable to prevent our competitors from benefiting from
the expertise of some of our former employees. See “ Item 3. D. Risk