Announces Spinoff Company Dedicated to Further Developing its VRU Sensor Solution Leveraging this Technology Petah Tikvah, Israel, June 03, 2024 (GLOBE NEWSWIRE) -- SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a technology company engaged in disruptive transportation safety solutions, is pleased to announce that it will establish a new company dedicated to its Vulnerable Road User (VRU) solution which leverages its RF Advanced Driver Assistance System (ADAS) sensor technology. This strategic move follows ...

Revenue and Profitability - Revenue for 2023 increased by 128% year-over-year to NIS 2.7 million (~$0.75 million) compared to NIS 1.193 million (~$0.329 million) in 2022[4] - Gross profit in 2023 was NIS 0.752 million (~$0.207 million), representing a gross margin of 27.6%, up from NIS 0.364 million (~$0.1 million) and a gross margin of 30.5% in 2022[9] - Total revenues for 2023 reached $2,720 million, a significant increase of 128% compared to $1,193 million in 2022[26] - Gross profit for the year was $752 million, up from $364 million in 2022, reflecting a gross margin improvement[26] - The company reported a comprehensive loss of $33,835 million for 2023, compared to a loss of $24,962 million in 2022[26] - Basic and diluted loss per share improved slightly to $(1.08) in 2023 from $(1.44) in 2022, reflecting a reduction in loss per share despite overall losses[26] Expenses and Financial Position - Net loss for 2023 was NIS 33.8 million (~$9.3 million), compared to NIS 25.0 million (~$6.9 million) in 2022, attributed to increased expenses from expanded business activities[4] - Research and development expenses for 2023 were NIS 22.9 million (~$6.3 million), compared to NIS 21.5 million (~$5.9 million) in 2022[9] - Operating loss widened to $34,223 million in 2023 from $29,209 million in 2022, indicating increased operational challenges[26] - Cash and cash equivalents decreased to $17,112 million at the end of 2023 from $19,240 million at the end of 2022[27] - Total current liabilities surged to $14,804 million in 2023, compared to $6,781 million in 2022, highlighting increased financial obligations[26] - Net cash used in operating activities was $35,020 million in 2023, an increase from $28,370 million in 2022, indicating higher cash outflows[27] - Total assets decreased to $26,990 million in 2023 from $34,435 million in 2022, reflecting a decline in the company's asset base[26] Business Development and Market Presence - 4,600 systems have been ordered by customers as of March 12, 2024, with approximately 3,200 already installed[4] - The company signed its first OEM agreement with Volvo Bus Corporation, allowing for the installation of its safety solution in new and existing buses in Mexico[12] - In 2023, 93% of revenues were generated from Israel, while 7% came from Europe, marking the company's first international revenue[8] - The company launched several pilot projects in Europe and North America, including a significant pilot with Cemex in Spain covering ten trucks[7] - SaverOne's patent portfolio now includes 23 patents, with 10 granted and 13 pending, reflecting its strategic focus on global expansion[7]

Commission File No.: 001-41387 Israel FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of event requiring this shell company ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 (Exact name of registrant as specified in its charter) Translation of registrant's name into English: Not applicable Israel For the transition period from ____________ to ____________ Commission File N ...

Exhibit 99.1 SaverOne Signs a Contract with Lev Hasharon Regional Council to use the SaverOne System in its School Buses This is the 6th regional council in Israel to install the SaverOne System on its school buses and more councils are expected to join in the near future Petah Tikvah, Israel, April 27, 2023 – SaverOne 2014 Ltd. (Nasdaq: SVRE, TASE: SVRE), a technology company engaged in transportation safety solutions, today announced that the Regional Council of Lev Hasharon signed a contract to install t ...

Exhibit 99.1 Investor presentation NASDAQ: SVRE | TASE: SVRE OCTOBER 2022 FORWARD-LOOKING STATEMENTS SAVERONE This presentation and oral statements made regarding the subject of this presentation contain "forward-looking statements" that involve substantial risks nd uncertainties. Such statements include, without limitation, references to the SaverOne 2014 Ltd. (the "Company's") predictions of future business or financial performance and its goals and objectives for future operations, financial and business ...