Company: ALAR
Filing Date: 2025-03-20
Form Type: 20-F
Source: 0001213900-25-025287
Chunk: 86

Company: Alarum Technologies Ltd.
Filing Date: 2025-03-20
Form: 20-F
Item: Item 6
Chunk 86
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 subject to the approval of the board of directors’ compensation committee and of the board
of directors and are subject to the terms of any applicable employment agreements that we may enter into with them and are subject to
the Company’s compensation policy.

Each director, will hold office
in accordance with our articles of association, or until he or she resigns or unless he or she is removed by a 65% majority vote of our
shareholders at an annual general meeting of our shareholders, provided that such majority constitutes more than 50% of the our then issued
and outstanding share capital, or upon the occurrence of certain events, in accordance with the Israeli Companies Law and our amended
and restated articles of association. Our articles of association provide for a split of the board of directors into three classes with
staggered three-year terms. At each annual general meeting of our shareholders, the election or re-election of directors following the
expiration of the term of office of the directors of that class of directors will be for a term of office that expires on the third annual
general meeting following such election or re-election, such that each year the term of office of only one class of directors will expire.

Our directors are divided
among the three classes as follows:

  (i)      Class I directors are Ms. Rakefet                                                                                                   

  (ii)      Class II directors are Mr. Shachar                                                                                              

  (iii)      Class III directors are Mr. Chen                                                                                                   

In addition, our amended and
restated articles of association allow our board of directors to appoint directors to fill vacancies on our board of directors or in addition
to the acting directors (subject to the limitation on the number of directors), to serve for the remaining period of time during which
the director whose service has ended would have held office, or in case of an addition to the board of directors, in accordance with the
class assigned to such appointed director, as determined by the board of directors at the time of such appointment.

Under the Israeli Companies
Law, any shareholder holding at least one percent of our outstanding voting power may nominate a director. However, any such shareholder
may make such a nomination only if a written notice of such shareholder’s intent to make such nomination has been given to our board
of directors. Any such notice must include certain information, including the consent of the proposed director nominee to serve as our
director if elected, and a declaration that the nominee signed declaring that he or she possesses the requisite skills