Company: BWAY
Filing Date: 2025-04-22
Form Type: 20-F
Source: 0001171843-25-002347
Chunk: 189

Company: Brainsway Ltd.
Filing Date: 2025-04-22
Form: 20-F
Item: Item 16A
Chunk 189
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ITEM 16A. AUDIT COMMITTEE FINANCIAL EXPERT

Our Board of Directors has determined that Ms. Karen
Sarid and Ms. Eti Mitrany are audit committee financial experts. Ms. Karen Sarid and Ms. Eti Mitrany are independent directors for the
purposes of The Nasdaq Listing Rules.

ITEM 16B. CODE OF ETHICS

As of the date of this Annual
Report, we have adopted a code of ethics that applies to our principal executive officer, principal financial officer, principal accounting
officer or controller, or persons performing similar functions. This code of ethics is posted on our website, https://investors. brainsway. com/static-files/4f9e73f4-18d6-409a-b198-74984439a2e0.

ITEM 16C. PRINCIPAL ACCOUNTANT FEES
AND SERVICES

Fees Paid
to Independent Registered Public Accounting Firm

  149  

The following table sets forth, for each of the years
indicated, the aggregate fees billed by our independent registered public accounting firm for professional services.

                         Year Ended December 31,                              
                         2024                                  2023           
  Services Rendered      In                                                   
                         U. S dollars thousands                               
 ──────────────────────────────────────────────────────────────────────────────
  Audit (1)                                           310                235  
  Tax fees (2)                                         46                 44  
  Total                                               356                279  

  (1)      Audit fees consist of services that would normally be provided in connection with statutory                                       

  (2)      Tax fees relate to tax compliance, tax planning, and tax advice.  

Audit Committee
Pre-Approval Policies and Procedures

Our audit committee’s specific responsibilities
in carrying out its oversight of the quality and integrity of the accounting, auditing, and reporting practices of the Company include
the approval of audit and non-audit services to be provided by the external auditor. The audit committee approves in advance the particular
services or categories of services to be provided to the Company during the following yearly period and also sets forth a specific budget
for such audit and non-audit services. Additional non-audit services may be pre-approved by the audit committee.

During 2024, all services provided to us by Ernst
& Young were approved by our Audit Committee pursuant to paragraph (c)(7)(i) of Rule 2-01 of Regulation S-X.

ITEM