Company: BWAY
Filing Date: 2025-04-22
Form Type: 20-F
Source: 0001171843-25-002347
Chunk: 81

Company: Brainsway Ltd.
Filing Date: 2025-04-22
Form: 20-F
Item: Item 5
Chunk 81
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s. It is advisable that you consult
legal counsel regarding the jury waiver provision before entering into the deposit agreement.

If you or any other holders or beneficial owners
of ADSs bring a claim against us or the depositary in connection with matters arising under the deposit agreement or the ADSs, including
claims under federal securities laws, you or such other holder or beneficial owner may not be entitled to a jury trial with respect to
such claims, which may have the effect of limiting and discouraging lawsuits against us and/or the depositary. If a lawsuit is brought
against us and/or the depositary under the deposit agreement, it may be heard only by a judge or justice of the applicable trial court,
which would be conducted according to different civil procedures and may result in different outcomes than a trial by jury would have
had, including results that could be less favorable to the plaintiff(s) in any such action, depending on, among other things, the nature
of the claims, the judge or justice hearing such claims, and the venue of the hearing.

No condition, stipulation or provision of the deposit
agreement or ADSs serves as a waiver by any holder or beneficial owner of ADSs or by us or the depositary of compliance with any substantive
provision of the U. S. federal securities laws, and the rules and regulations promulgated thereunder.

  46  

ADS holders
will not have the same voting rights as the holders of our Ordinary Shares and may not receive voting materials in time to be able to
exercise their right to vote.

Holders of the ADSs will not be able to exercise
voting rights attaching to the Ordinary Shares represented by the ADSs. Under the terms of the deposit agreement, holders of the ADSs
may instruct the depositary to vote the Ordinary Shares underlying their ADSs. Otherwise, holders of ADSs will not be able to exercise
their right to vote unless they withdraw the Ordinary Shares underlying their ADSs to vote them in person or by proxy in accordance with
applicable laws and regulations and our articles of association. Even so, ADS holders may not know about a meeting far enough in advance
to withdraw those Ordinary Shares. If we ask for the instructions of holders of the ADSs, the depositary, upon timely notice from us,
will notify ADS holders of the upcoming vote and arrange to deliver our voting materials to them. Upon our request, the depositary will
mail to holders a shareholder meeting notice that contains, among other things, a