Company: ALAR
Filing Date: 2025-03-20
Form Type: 20-F
Source: 0001213900-25-025287
Chunk: 87

Company: Alarum Technologies Ltd.
Filing Date: 2025-03-20
Form: 20-F
Item: Item 6
Chunk 87
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 and has the availability
to carry out his or her duties. Additionally, the nominee must provide details of such skills, and demonstrate an absence of any limitation
under the Israeli Companies Law that may prevent his or her election, and affirm that all of the required election-information is provided
to us, pursuant to the Israeli Companies Law.

However, under new exemptions
according to the Companies Law Regulations (exemptions for companies whose securities are listed for trading on a stock exchange outside
of Israel) 5760-2000, applicable as of March 12, 2024, or the New Exemptions, one or more shareholders of an Israeli company whose shares
are listed outside of Israel, may request the company’s board of directors to include an appointment of a candidate for a position
on the board of directors or the termination of a board member, as an item on the agenda of a future general meeting (if the company sees
fit), provided that the shareholder holds at least five percent (5%) of the voting rights of the company, instead of one percent (1%)
required in the past.

Under the Israeli Companies
Law, our board of directors must determine the minimum number of directors who are required to have accounting and financial expertise.
In determining the number of directors required to have such expertise, our board of directors must consider, among other things, the
type and size of the company and the scope and complexity of its operations. Our board of directors has determined that the minimum number
of directors of our company who are required to have accounting and financial expertise is two - Mrs. Rakefet Remigolski, Mr. Moshe
Tal and Mr. Yehuda Halfon qualify and declared their respective accounting and financial expertise to that effect.

The board of directors must
elect one director to serve as the chairman of the board of directors to preside at the meetings of the board of directors, and may also
remove that director as chairman. Pursuant to the Israeli Companies Law, neither the chief executive officer nor any of his or her relatives
is permitted to serve as the chairman of the board of directors, and a company may not vest the chairman or any of his or her relatives
with the chief executive officer’s authorities. In addition, a person who reports, directly or indirectly, to the chief executive
officer may not serve as the chairman of the board of directors; the chairman may not be vested with authorities of a person who reports,
directly or indirectly, to the