Company: SVREW
Filing Date: 2025-04-03
Form Type: 424B3
Source: 0001213900-25-028394
Chunk: 41

Company: SaverOne 2014 Ltd.
Filing Date: 2025-04-03
Form: 424B3
Chunk 41
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 to the holders of our ordinary shares in proportion to their respective shareholdings. Under the Companies Law, dividend distributions
are determined by the board of directors and do not require the approval of the shareholders of a company unless the company’s
articles of association provide otherwise. Our Articles of Association do not require shareholder approval of a dividend distribution
and provide that dividend distributions may be determined by our board of directors.

Pursuant to the Companies
Law, the distribution amount is limited to the greater of retained earnings or earnings generated over the previous two years, according
to our then last reviewed or audited financial statements, provided that the date of the financial statements is not more than six months
prior to the date of the distribution, or we may distribute dividends that do not meet such criteria only with court approval. In each
case, we are only permitted to distribute a dividend if our board of directors and the court, if applicable, determines that there is
no reasonable concern that payment of the dividend will prevent us from satisfying our existing and foreseeable obligations as they become
due. As of December 31, 2024, we did not have distributable earnings pursuant to the Companies Law.

In the event of our liquidation,
after satisfaction of liabilities to creditors, our assets will be distributed to the holders of our ordinary shares in proportion to
their shareholdings. This right, as well as the right to receive dividends, may be affected by the grant of preferential dividend or
distribution rights to the holders of a class of shares with preferential rights that may be authorized in the future. For more information,
see “Dividend Policy.”

Exchange controls

There are currently no Israeli
currency control restrictions on remittances of dividends on our ordinary shares, proceeds from the sale of the shares or interest or
other payments to non-residents of Israel.

Shareholder meetings

Under Israeli law, we are
required to hold an annual general meeting of our shareholders once each calendar year that must be held no later than 15 months after
the date of the previous annual general meeting. All general meetings other than the annual meeting of shareholders are referred to in
our Articles of Association as special meetings. Our board of directors may call special meetings whenever it sees fit, at such time
and place, within or outside of Israel, as it may determine. In addition, the Companies Law provides that our board of directors is required
to convene a special meeting upon the written request of (i) any two of our directors or one-quarter