Company: BNRG
Filing Date: 2025-04-09
Form Type: DRS
Source: 0001213900-25-030015
Chunk: 54

Company: Brenmiller Energy Ltd.
Filing Date: 2025-04-09
Form: DRS
Chunk 54
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% of the aggregate gross proceeds raised in this offering, with certain limited exceptions, including (a) a placement
agent fee of 2.0% of such aggregate gross proceeds raised in this offering from certain named investors credited back to us, and (b) the
placement agent fee shall be reduced to 3.5% of the aggregate gross proceeds raised in this offering for any investment by a certain investor
(or its affiliates) with a substantial, pre-existing relationship with us; (ii) a non-accountable expense
allowance payable to the placement agent, which shall not exceed $10,000; (iii) reimbursement of the
out-of-pocket accountable legal expenses of the placement agent of up to $65,000 (none of which has been paid in advance); and (iv) other estimated expenses of approximately
$ , which include our legal, accounting, and printing costs and various fees associated with the
registration and listing of our Ordinary Shares.

Regulation M

The placement agent may be
deemed to be an underwriter within the meaning of Section 2(a)(ii) of the Securities Act. and any commissions received by the
placement agent and any profit realized on the resale of the shares sold by it while acting as principal might be deemed to be underwriting
discounts or commissions under the Securities Act. As an underwriter, the placement agent would be required to comply with the requirements
of the Securities Act and the Exchange Act, including, without limitation, Rule 415(a)(4) under the Securities Act and Rule 10b-5 and
Regulation M under the Exchange Act. These rules and regulations may limit the timing of purchases and sales of securities by the placement
agent acting as principal. Under these rules and regulations, the placement agent:

| ● | may not engage in any stabilization activity in connection with our securities; and |

| ● | may not bid for or purchase any of our securities or attempt to induce any person to purchase any of our securities, other than as permitted under the Exchange Act, until it has completed its participation in the distribution. |

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Lock-Up Agreements

Our directors and
officers have entered into lock-up agreements. Under these agreements, these individuals have agreed, subject to specified
exceptions, not to sell or transfer any shares of our capital stock or securities convertible into, or exchangeable or exercisable
for, our capital stock during a period ending [ ] days after the date of this prospectus,