Company: EVGN
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001178913-25-001092
Chunk: 151

Company: Evogene Ltd.
Filing Date: 2025-03-27
Form: 20-F
Item: Item 4A
Chunk 151
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 with the Nasdaq Listing Rules and the Companies Law, which include, among others:

  reviewing and recommending an overall compensation policy with respect to our Chief Executive Officer and other executive officers,  

  reviewing and approving corporate goals and objectives relevant to the compensation of our Chief Executive Officer and other executive  

  reviewing and recommending to our board of directors to approve the granting of options and other incentive awards;  

  overseeing our company’s policy for recovery of erroneously awarded compensation;  

  reviewing, evaluating and making recommendations regarding the compensation and benefits for our non-employee directors; and  

  advising our board of directors in selecting individuals who are best able to fulfill the responsibilities of a director or executive  

The charter of the compensation and nominating committee is available
on our website. The contents of that website do not constitute a part of this Annual Report.

Compensation Policy under the Companies Law

In general, under the Companies Law, a public company must have
a compensation policy approved by the board of directors after receiving and considering the recommendations of the compensation committee.
In addition, our compensation policy must be approved at least once every three years, first, by our board of directors, upon recommendation
of our compensation committee, and second, by a simple majority of the ordinary shares present, in person or by proxy, and voting (excluding
abstentions) at a general meeting of shareholders, provided that either:

  such majority includes at least a majority of the shares held by shareholders who are not controlling shareholders and shareholders  

  the total number of shares of non-controlling shareholders and shareholders who do not have a personal interest in the compensation  

Under special circumstances, the board of directors may approve
the compensation policy despite the objection of the shareholders on the condition that the compensation committee and then the board
of directors decide, on the basis of detailed grounds and after discussing again the compensation policy, that, despite the objection
of shareholders, approval of the compensation policy is for the benefit of the company.

The compensation policy must be based on certain considerations,
include provisions and matters specifically set forth in the Companies Law.

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The compensation policy must serve as the basis for decisions concerning
the financial terms of employment or engagement of office holders, including exculpation, insurance, indemnification or any monetary payment
or obligation of payment in respect of employment or engagement. The compensation policy must be determined and later reevaluated according
to certain factors, including: the advancement of the company’s objectives, business plan and long-term strategy; the creation of