Company: EVGN
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001178913-25-001092
Chunk: 218

Company: Evogene Ltd.
Filing Date: 2025-03-27
Form: 20-F
Item: Item 6
Chunk 218
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, we may comply with the requirements of the Companies Law by appointing a compensation committee whose composition complies with the Nasdaq Listing Rules. Under the Nasdaq Listing Rules, we are required to maintain a compensation committee consisting of at least two members, each of whom qualifies as an independent director (as defined under the Nasdaq Listing Rules). Each compensation committee member must furthermore be deemed by our board of directors to meet the enhanced independence requirements for members of the compensation committee under the Nasdaq Listing Rules, which require that our board of directors consider (among other things) the source of each such committee member’s compensation in determining whether he or she is independent.
 
Our board of directors has determined that each of the members of our compensation committee is considered “independent” under the Nasdaq Listing Rules and meets the enhanced independence requirements for members of the compensation committee under the Nasdaq Listing Rules and Rule 10C-1 under the Exchange Act.
 

Compensation and Nominating Committee Role
 
Our board of directors (following approval by our compensation committee) has adopted a compensation and nominating committee charter setting forth the required composition, meeting procedures and other matters related to the terms of operation of the committee. The charter also describes the responsibilities of the compensation committee consistent 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,
             as described above under “Item 6. Directors, Senior Management and Employees—B. Compensation—Compensation Policy”;        
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◾   reviewing and approving corporate goals and objectives relevant to the compensation of our Chief Executive Officer and other executive
                           officers, including evaluating their performance in light of such goals and objectives;                        
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◾   reviewing and recommending to our board of directors to approve the granting of options and other incentive awards;
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◾   overseeing our company’s policy for recovery of erroneously awarded compensation;
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◾   reviewing, evaluating and making recommendations regarding the compensation and benefits for our non-employee directors; and
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◾   advising our board of directors in selecting individuals who are best able to fulfill the responsibilities of a director or executive
                                                           officer of our company.                                                       
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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