Company: MOBBW
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001013762-25-003365
Chunk: 28

Company: Mobilicom Ltd
Filing Date: 2025-03-27
Form: 20-F
Item: Item 3
Chunk 28
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and could harm our results of operations.

Finally, political conditions
within Israel may affect our operations. Israel has held five general elections between 2019 and 2022, and prior to October 2023, the
Israeli government pursued extensive changes to Israel’s judicial system, which sparked extensive political debate and unrest. Actual
or perceived political instability in Israel or any negative changes in the political environment, may individually or in the aggregate
adversely affect the Israeli economy and, in turn, our business, financial condition, results of operations and growth prospects.

Our operations may be disrupted by the obligations
of personnel to perform military service.

As of March 26, 2025, we had 30 employees, 27 of whom were based in
Israel. Some of our employees may be called upon to perform up to 70 days (and in some cases more) of annual military reserve duty
until they reach the age of 40 (and in some cases, up to 45 or older) and, in emergency circumstances, could be called to immediate and
unlimited active duty. In the event of severe unrest or other conflict, individuals could be required to serve in the military for extended
periods of time. Since September 2000, in response to increased tension and hostilities, there have been occasional call-ups of military
reservists, including in connection with the 2006 conflict in Lebanon, and the December 2008, November 2012 and, July 2014 conflicts with
Hamas, and it is possible that there will be additional call-ups in the future. Our operations could be disrupted by the absence of a
significant number of our employees related to military service or the absence for extended periods of one or more of our key employees
for military service. Such disruption could materially adversely affect our business and results of operations. Additionally, the absence
of a significant number of the employees of our Israeli suppliers and contractors related to military service or the absence for extended
periods of one or more of their key employees for military service may disrupt their operations.

We may become subject to claims for remuneration
or royalties for assigned service invention rights by our employees, which could result in litigation and adversely affect our business.

A significant portion of our
intellectual property and know-how has been developed by our employees in the course of their employment for us. Under the Israeli Patent
Law, 1967, or the Patent Law, inventions conceived by an employee in the course of and