Company: SVREW
Filing Date: 2025-01-31
Form Type: 424B5
Source: 0001213900-25-008656
Chunk: 7

Company: SaverOne 2014 Ltd.
Filing Date: 2025-01-31
Form: 424B5
Chunk 7
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 drivers admitted to using their phone almost every time they get behind
the wheel. In both Spain and Ireland, 25% of drivers admitted to using their phone while driving. In Germany, at any given moment an
average of 7% of all drivers are distracted while driving. This problem of distracted driving extends to Australia as well, where
one-quarter of drivers admitted to using their phone while driving.

As of the first quarter of 2023, there were an estimated
286 million cars and trucks on the road in the United States and approximately 339 million cars and trucks on the road in Europe. In
addition, it is estimated that approximately 75 million new cars were sold worldwide in 2023.

The ramifications of mobile phone distracted driving
exceed the bounds of just physical damage, as they can be exceedingly costly for drivers as well. For example, expressed on a per death basis, the cost of all motor-vehicle crashes (fatal, nonfatal injury, and property damage) was $11,880,000
according to the NSC. In addition, the total societal and economic costs of distracted driving crashes in the United States was estimated
at $871 billion according to the NHTSA. Specifically with regard to commercial vehicle crashes, the average total costs of commercial
motor vehicle crashes for the years of 2012-2015 was over $11 billion per year according to the FMCSA. Accordingly, we believe that there
is a tremendous financial incentive for a solution to this grave problem.

In response to the need for a solution to distracted
driving resulting from the use of mobile phones, the NHTSA has published a comprehensive study suggesting that a complete solution must
contain the following features: (i) the ability to distinguish between the driver’s area of the vehicle and the rest of the vehicle,
(ii) does not depend on the cooperation of the driver, and (iii) selective blocking of cell phone applications. Our SaverOne system
has been designed with these features in mind and it is for this reason that we believe that it is significantly better than the existing
product solutions sold in the market.

The NHTSA’s driving guidelines do not constitute
U.S. law and compliance does not result in compliance with U.S. driving safety regulations. In order to market our products to vehicle
manufacturers we may be required to meet different types of regulations requirements such as International Organization for Standardization
(ISO) 26262 Functional Safety Regulations (ASIL), the International Standard