Company: SVREW
Filing Date: 2025-06-24
Form Type: DRS
Source: 0001213900-25-057237
Chunk: 32

Company: SaverOne 2014 Ltd.
Filing Date: 2025-06-24
Form: DRS
Chunk 32
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 to be issued, (ii) there is not an outstanding Promissory Note, and (iii) the Company has
paid all amounts owed to the Investor pursuant to this Agreement. This Agreement may be terminated at any time by the mutual written consent
of the parties, effective as of the date of such mutual written consent unless otherwise provided in such written consent.

<div align='center'>15</div>

Effect of Performance of the SEPA on our Shareholders

All ADSs that may be issued
or sold by us to Yorkville under the SEPA that are being registered under the Securities Act for resale by Yorkville under this prospectus
are expected to be freely tradable. The securities being registered for resale in this offering may be issued and sold by us to Yorkville
from time to time at our discretion over a period of up to 36 months commencing on the date of execution of the SEPA. The resale by Yorkville
of a significant amount of ADSs registered for resale in this offering at any given time, or the perception that these sales may occur,
could cause the market price of our ADSs to decline and to be highly volatile. Sales of our ADSs, if any, to Yorkville under the SEPA
will depend upon market conditions and other factors. We may ultimately decide to sell to Yorkville all, some or none of our ADSs that
may be available for us to sell to Yorkville pursuant to the SEPA.

Depending on market prices
of our ADSs and subject to the Ownership Limitation and other limitations in the SEPA, we may seek to issue and sell to Yorkville under
the SEPA more Ordinary Shares represented by ADSs than are offered under this prospectus in order to receive the aggregate gross proceeds
equal to the $15.0 million Commitment Amount under the SEPA. If we choose to do so, we must first register for resale under the Securities
Act any such additional Ordinary Shares represented by ADSs, which could cause additional substantial dilution to our shareholders. The
number of Ordinary Shares represented by ADSs ultimately offered for resale under this prospectus is dependent upon the number of shares
we direct Yorkville to purchase under the SEPA.

Although the SEPA provides
that we may sell up to $15.0 million of our ADSs to Yorkville, we have previously registered 3,000,000,000 Ordinary Shares represented
by 833,334 of our ADSs, of which we issued 2,451