Company: SVREW
Filing Date: 2025-03-31
Form Type: F-1
Source: 0001213900-25-026272
Chunk: 47

Company: SaverOne 2014 Ltd.
Filing Date: 2025-03-31
Form: F-1
Chunk 47
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quiror, or the right to appoint 25% or more of the
directors of the acquiror. If, however, the merger involves a merger with a company’s own controlling shareholder or if the controlling
shareholder has a personal interest in the merger, then the merger is instead subject to the same special majority approval that governs
all extraordinary transactions with controlling shareholders (as described under “Management — Fiduciary duties and approval
of related-party transactions— Approval of related-party transactions”). If the transaction would have been approved by the
shareholders of a merging company but for the exclusion of the votes of certain shareholders as provided above, a court may still approve
the merger upon the request of holders of at least 25% of the voting rights of a company, if the court holds that the merger is fair
and reasonable, taking into account the value to the parties to the merger and the consideration offered to the shareholders of the company.

Upon the request of a creditor
of either party to the proposed merger, the court may delay or prevent the merger if it concludes that there exists a reasonable concern
that, as a result of the merger, the surviving company will be unable to satisfy the obligations of the merging entities, and may further
give instructions to secure the rights of creditors.

In addition, a merger may
not be consummated unless at least 50 days have passed from the date on which a proposal for approval of the merger was filed by each
party with the Israeli Registrar of Companies and at least 30 days have passed from the date on which the merger was approved by the
shareholders of each party.

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Borrowing powers

Pursuant to the Companies
Law and our Articles of Association, our board of directors may exercise all powers and take all actions that are not required under
law or under our Articles of Association to be exercised or taken by our shareholders, including the power to borrow money for company
purposes.

Changes in capital

Our Articles of Association
enable us to increase or reduce our share capital. Any such changes are subject to the provisions of the Companies Law and must be approved
by a resolution duly passed by our shareholders at a general meeting. In addition, transactions that have the effect of reducing capital,
such as the declaration and payment of dividends in the absence of sufficient retained earnings or profits, require the approval of both
our board of directors and an Israeli court.

<div align='center'>DESCRIPTION OF AMERICAN