Company: BNRG
Filing Date: 2025-06-13
Form Type: POS AM
Source: 0001213900-25-054302
Chunk: 69

Company: Brenmiller Energy Ltd.
Filing Date: 2025-06-13
Form: POS AM
Chunk 69
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 such investigation or proceeding; and (2) no financial liability as a substitute for the criminal proceeding (as defined in the Companies Law) was imposed upon him or her as a result of such investigation or proceeding, or, if such financial liability was imposed, it was imposed with respect to an offense that does not require proof of criminal intent; or (b) in connection with a monetary sanction; |

| ● | reasonable litigation expenses, including attorneys’ fees,                                                                        
 expended by the officeholder or imposed on him or her by a court: (1) in proceedings that the company institutes, or that another 
 person institutes on the company’s behalf, against him or her; (2) in criminal proceedings of which he or she was acquitted;      
 or (3) as a result of a conviction for a crime that does not require proof of criminal intent;                                    |

| ● | expenses incurred by an officeholder in connection with an Administrative                                                                 
 Procedure under the Israeli Securities Law, including reasonable litigation expenses and reasonable attorneys’ fees or payment            
 required to be made to an injured party, pursuant to certain provisions of the Israeli Securities Law. An “Administrative Procedure”      
 is defined as a procedure pursuant to chapters H3 (Monetary Sanction by the Israeli Securities Authority), H4 (Administrative Enforcement 
 Procedures of the Administrative Enforcement Committee) or I1 (Arrangement to prevent Procedures or Interruption of procedures subject    
 to conditions) to the Israeli Securities Law; and                                                                                         |

| ● | any other liability or expense for which it is permitted and/or will be permitted to indemnify an officeholder. |

The Companies Law also permits
a company to undertake in advance to indemnify an officeholder, provided that if such indemnification relates to financial liability imposed
on him or her, as described above, then the undertaking should be limited and shall detail the following foreseen events and amount or
criterion:

| ● | to events that in the opinion of the board of directors can be foreseen based on the company’s activities at the time that the undertaking to indemnify is made; and |

| ● | in amount or criterion determined by the board of directors, at the time of the giving of such undertaking to indemnify, to be reasonable under the circumstances. |

Under the Companies Law,
exemption, indemnification and insurance of officeholders must be approved by the compensation committee and the board of directors (and,
with respect to directors and the chief executive officer, by the shareholders). However, under regulations promulgated