Company: SVREW
Filing Date: 2025-06-24
Form Type: DRS
Source: 0001213900-25-057237
Chunk: 48

Company: SaverOne 2014 Ltd.
Filing Date: 2025-06-24
Form: DRS
Chunk 48
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 by having an ADR, which is a certificate evidencing a specific number of ADSs, registered in your name or (ii) by having
uncertificated ADSs registered in your name or (B) indirectly by holding a security entitlement in ADSs through your broker or other financial
institution that is a direct or indirect participant in the DTC. If you hold ADSs directly, you are a registered ADS holder, also referred
to as an ADS holder. This description assumes you are an ADS holder. If you hold our ADSs indirectly, you must rely on the procedures
of your broker or other financial institution to assert the rights of ADS holders described in this section. You should consult with your
broker or financial institution to find out what those procedures are.

Registered holders of uncertificated
ADSs will receive statements from the depositary confirming their holdings.

As an ADS holder, we will
not treat you as one of our shareholders and you will not have shareholder rights. Israeli law governs shareholder rights. The depositary
will be the holder of the ordinary shares underlying your ADSs. As a registered holder of ADSs, you will have ADS holder rights. A deposit
agreement among us, the depositary, ADS holders and all other persons indirectly or beneficially holding ADSs sets out ADS holder rights
as well as the rights and obligations of the depositary. New York law governs the deposit agreement and our ADSs.

The following is a summary
of the material provisions of the deposit agreement. For more complete information, you should read the entire deposit agreement and the
form of ADS. For directions on how to obtain copies of those documents see “Where You Can Find Additional Information.”

Dividends and Other Distributions

How will you receive dividends and other distributions on the shares?

The depositary has agreed
to pay or distribute to ADS holders the cash dividends or other distributions it or the custodian receives on ordinary shares or other
deposited securities, upon payment or deduction of its fees and expenses. You will receive these distributions in proportion to the number
of ordinary shares your ADSs represent.

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Cash.The depositary
will convert any cash dividend or other cash distribution we pay on the ordinary shares into U.S. dollars, if it can do so on a reasonable
basis and can transfer the U.S. dollars to the United States. If that is not possible or if any government approval is needed and cannot
be obtained, the deposit