Company: SLMT
Filing Date: 2025-05-28
Form Type: 20-F/A
Source: 0001213900-25-048029
Chunk: 59

Company: Brera Holdings PLC
Filing Date: 2025-05-28
Form: 20-F/A
Chunk 59
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 issued shall be equal to the quotient of the applicable net income amount (“ANIA”) divided by the volume weighted average price per share. The ANIA shall be equal to the sum of (i) 15% of the net income actually received by FKAP from players’ transfer market fees received during the applicable year; plus (ii) 15% of the net income actually received by FKAP from Union of European Football Associations prize money paid for access to European qualifying rounds (not including group stages, and only including such rounds) during the applicable year. F-27

Details of the purchase consideration, the net
assets acquired, and goodwill are as follows:

|                              |     | December 31, 
 2023         |         |
|:-----------------------------|:----|:-------------|--------:|
|                              |     | EUR          |         |
| Cash purchase                |     |              | 600,000 |
| Contingent consideration     |     |              | 142,000 |
| Total purchase consideration |     |              | 742,000 |

As of December 31, 2024 and 2023, the fair value
of the contingent consideration was EUR and EUR, respectively. These amounts were estimated by looking at the income levels
over the last seven years to get an average and calculating the present value of the future expected cash flows. The estimates are based
on a discount rate of % and assumed probability-adjusted sales of FKAP over the next years.

IFRS 3 Purchase Price Allocation of FKAP

|                                      |     | Final        
 Fair Value   
 December 31, 
 2023         |          |   |
|:-------------------------------------|:----|:-------------|---------:|:--|
|                                      |     | EUR          |          |   |
| Net Tangible Assets                  |     |              |          |   |
| Net working capital                  |     |              |  (77,113 | ) |
| Fixed assets                         |     |              |        - |   |
| Amounts due to related parties       |     |              |  (88,912 | ) |
| Total tangible asset allocation      |     |              | (166,025 | ) |
| Identifiable Intangible Assets       |     |              |          |   |
| Broadcasting rights                  |     |              |   75,000 |   |
| Brand                                |     |              |  710,000 |   |
| Player contracts                     |     |