Company: SLMT
Filing Date: 2025-05-28
Form Type: 20-F/A
Source: 0001213900-25-048029
Chunk: 60

Company: Brera Holdings PLC
Filing Date: 2025-05-28
Form: 20-F/A
Chunk 60
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 |  130,000 |   |
| Total identifiable intangible assets |     |              |  915,000 |   |
| Implied goodwill                     |     |              |   75,469 |   |
| Business Enterprise Value (BEV)      |     |              |  824,444 |   |
|                                      |     |              |        - |   |
| Less: Non-controlling interest       |     |              |  (82,444 | ) |
| Total Purchase Price (Equity Basis)  |     |              |  742,000 |   |

The goodwill is attributable to the workforce
and the high profitability of the acquired business. It will not be deductible for tax purposes.

Accounting Policy Choice for Non-Controlling Interests

The Company recognizes non-controlling interests
in an acquired entity either at fair value or at the non-controlling interest’s proportionate share of the acquired entity’s
net identifiable assets. This decision is made on an acquisition-by-acquisition basis. For the non-controlling interests in FKAP, the
Company elected to recognize the non-controlling interests at its proportionate share of the acquired net identifiable assets. See Note
2 Business Combinations for the Company’s accounting policies for business combinations.

F-28

UYBA

As stated in Note 1, in July 2023, we acquired
% majority ownership in the Italian Serie A1 women’s professional volleyball team, UYBA Volley S.s.d.a.r.l (“UYBA”)
(the “UYBA Acquisition”). UYBA is located in Milan, Italy and has a strong popularity as a top volleyball club competing in
the Italian Serie A professional volleyball league, one of the world’s top leagues. Pursuant to the UYBA Acquisition, we agreed
to pay EUR for the % ownership.

IFRS 3 Purchase Price Allocation of UYBA

|                                              |     | Fair Value 
 July 31,   
 2023       |            |    |
|:---------------------------------------------|:----|:-----------|-----------:|:---|
|                                              |     | EUR        |            |    |
| Net Tangible Assets                          |     |            |            |    |
| Current assets                               |     |            |    323,081 |    |
| Current liabilities minus short term debt    |     |            |  1,308,742 |    |
| Net working capital                          |     |            |   (985,661 |