Company: BNRG
Filing Date: 2025-03-04
Form Type: 20-F
Source: 0001213900-25-020178
Chunk: 6

Company: Brenmiller Energy Ltd.
Filing Date: 2025-03-04
Form: 20-F
Item: Item 3
Chunk 6
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 required in accordance with agreements or to carry out our operations.
This includes our intention to operate within, and obtain approvals for, the requirements of the International Organization for Standardization,
or ISO, that are relevant to our field (such as ISO14001, ISO9000, ISO18001, and ISO 27001:2022).

Furthermore,
in certain circumstances, we are dependent on our ability or our customers’ ability to obtain and maintain building permits, environmental
permits, and permits to import and install our products in each local market. If we cannot obtain or were to lose such permits, certifications,
and authorizations, or if our customers were to lose any of their permits, this could have a significant negative impact on our operations,
financial position and earnings. Failure to comply with local, national, or international environmental and safety regulations could lead
to fines or shutdowns.

The field of energy
storage integration is relatively new and still developing, and the regulation of the field is also changing and developing.

Our
field of business is rapidly developing and, accordingly, so is its regulatory scheme. It is likely that the regulatory schemes in which
we operate will continue to change and develop, which may affect our operations. Some of our current projects are still pending permits
and/or approvals and there is no certainty that we will receive such permits and/or approvals on our projected timeline or at all or if
we are approved, that the outcome will be favorable to us. Further, if our permits are approved, the approval may be conditioned based
on certain terms, which may cause a delay in our timelines and increase process costs. Additional conditions like geopolitical challenges
may make our projects unfeasible or significantly undesirable for us.

Our international
activities expose us to operational risks in new territories, which includes navigating unfamiliar regulatory environments and may lead
to compliance and financial exposure.

Expansion
of our operations outside of our existing markets will require management attention and resources, involves additional risks, and may
be unsuccessful, which could harm our future business development and existing operations. Our international expansion includes new potential
risks that we must navigate. Our international operations complicate and extend our supply chains and present additional logistical concerns.
The ability to source raw materials and deliver our products in a timely manner and on budget requires capable and reliable distribution
channels. Disruptions caused by uncontrollable events, such as natural disasters, geopolitical actions or pandemics, can lead to delays
in production and distribution.

Our
business operations in multiple international jurisdictions creates a myriad of regulatory