Company: BNRG
Filing Date: 2025-06-13
Form Type: POS AM
Source: 0001213900-25-054302
Chunk: 58

Company: Brenmiller Energy Ltd.
Filing Date: 2025-06-13
Form: POS AM
Chunk 58
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 in securities or foreign currency; (3) a person who acquired our Ordinary Shares in connection with employment or other
performance of services; (4) a U.S. Holder that is subject to the United States alternative minimum tax; (5) a U.S. Holder that holds
our Ordinary Shares as a hedge or as part of hedging, straddle, conversion or constructive sale transaction or other risk-reduction transaction
for U.S. federal income tax purposes; (6) a tax-exempt entity; (7) real estate investment trusts or grantor trusts; (8) a U.S. Holder
that expatriates out of the United States or a former long-term resident of the United States; or (9) a person having a functional currency
other than the dollar. This discussion does not address the U.S. federal income tax treatment of a U.S. Holder that owns, directly or
constructively, at any time, our Ordinary Shares representing 10% or more of our voting power. Additionally, the U.S. federal income tax
treatment of partnerships (or other pass-through entities) or persons who hold our Ordinary Shares through a partnership or other pass-through
entity is not addressed.

Each prospective investor
is advised to consult his or her own tax adviser for the specific tax consequences to that investor of purchasing, holding or disposing
of our Ordinary Shares, including the effects of applicable state, local, foreign or other tax laws and possible changes in the tax laws.

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Taxation of Dividends Paid on Ordinary Shares

We do not intend to pay dividends
in the foreseeable future. In the event that we do pay dividends, and subject to the discussion under the heading “Passive Foreign
Investment Companies” below and the discussion of “qualified dividend income” below, a U.S. Holder, other than certain
U.S. Holder’s that are United States corporations, will be required to include in gross income as ordinary income the amount of
any distribution paid on our Ordinary Shares (including the amount of any Israeli tax withheld on the date of the distribution), to the
extent that such distribution does not exceed our current and accumulated earnings and profits, as determined for U.S. federal income
tax purposes. The amount of a distribution that exceeds our earnings and profits will be treated first as a non-taxable return of capital,
reducing the U.S. Holder’s tax basis for the Ordinary Shares to the extent thereof, and then capital gain.