Company: BNRG
Filing Date: 2025-05-14
Form Type: 424B4
Source: 0001213900-25-042979
Chunk: 32

Company: Brenmiller Energy Ltd.
Filing Date: 2025-05-14
Form: 424B4
Chunk 32
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 year the term of office of only one class of directors will expire. The
director whom is to be retired and re-elected shall be the director that served the longest period since its appointment or last re-election
or, if more than one director served the longest time, or if a director who is not to be re-elected agrees to be re-elected, the meeting
of the board of directors which sets the date and agenda for the annual general meeting (acting by a simple majority) will decide which
of such directors will be brought for re-election at the relevant general meeting.

In addition, if a director’s
office becomes vacant, the remaining serving directors may continue to act in any manner, provided that the number of the serving directors
shall not be less than three (3). If the number of directors is fewer than three, the Board of Directors may only act in an emergency
or to fill the director vacancy so that there are up to three directors, but not for any other purpose.

External directors are elected
by a majority vote at a shareholders’ meeting, as long as either:

| ● | at least a majority of                                                                                                                 
 the shares held by shareholders who are not controlling shareholders and do not have a personal interest in the appointment (excluding 
 a personal interest that did not result from the shareholder’s relationship with the controlling shareholder) have voted in            
 favor of the proposal (shares held by abstaining shareholders shall not be considered); or                                             |
| ● | the total number of shares                                                                                                             
 voted against the election of the external director, does not exceed 2% of the aggregate voting rights of the company.                 |

The Companies Law provides
for an initial three-year term for an external director. Thereafter, an external director may be re-elected by shareholders to serve
in that capacity for up to two additional three-year terms, provided that certain conditions, as described in the Companies Law, are
met.

Notwithstanding the above,
the term of office for external directors for Israeli companies traded on certain foreign stock exchanges, including the Nasdaq Stock
Market, may be extended indefinitely in increments of additional three-year terms, in each case provided that the audit committee and
the board of directors of the company confirmed and presented to the general shareholders meeting that, in light of the external director’s
expertise and special contribution to the work of the board of directors and its committees, the re-election for such additional period(s)
is beneficial to the company, and provided that the external director is re-elected subject to the