Company: EVGN
Filing Date: 2025-03-27
Form Type: 20-F
Source: 0001178913-25-001092
Chunk: 250

Company: Evogene Ltd.
Filing Date: 2025-03-27
Form: 20-F
Item: Item 9
Chunk 250
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 source; or  

  a trust if such trust has validly elected to be treated as a United States person for United States federal income tax purposes or  

A “ Non-U. S. Holder” is a beneficial owner of our ordinary
shares that is neither a U. S. Holder nor a partnership (or other entity treated as a partnership for United States federal income tax
purposes).

If a partnership (or any other entity treated as a partnership
for United States federal income tax purposes) holds our ordinary shares, the tax treatment of a partner in such partnership will generally
depend on the status of the partner and the activities of the partnership. Such a partner or partnership is encouraged to consult its
tax advisor as to its tax consequences.

You are encouraged to consult your advisor with
respect to the United States federal, state, local and foreign tax consequences of acquiring, owning and disposing of our ordinary shares.

Distributions

Subject to the discussion below under “ Passive Foreign Investment
Company Considerations,” if you are a U. S. Holder, the gross amount of any distribution that we pay you with respect to our ordinary
shares before reduction for any Israeli taxes withheld therefrom generally will be includible in your income as dividend income to the
extent such distribution is paid out of our current or accumulated earnings and profits as determined under United States federal income
tax principles. To the extent that the amount of any cash distribution exceeds our current and accumulated earnings and profits as determined
under United States federal income tax principles, it will be treated first as a tax-free return of your adjusted tax basis in our ordinary
shares and thereafter as capital gain. We do not expect to maintain calculations of our earnings and profits under United States federal
income tax principles. Therefore, if you are a U. S. Holder you should expect that the entire amount of any cash distribution generally
will be reported as dividend income to you; provided, however, that distributions of ordinary shares to U. S. Holders that are part of
a pro rata distribution to all of our shareholders generally will not be subject to United States federal income tax. Subject to the PFIC
rules discussed below, non-corporate U. S. Holders may qualify for the lower rates of taxation with respect to dividends on ordinary shares
applicable to long-term capital gains ( i. e., gains from the sale of capital assets held for more
than one year), provided that certain conditions are met, including certain holding period requirements and the absence of certain risk
re