Company: BWAY
Filing Date: 2025-04-22
Form Type: 20-F
Source: 0001171843-25-002347
Chunk: 29

Company: Brainsway Ltd.
Filing Date: 2025-04-22
Form: 20-F
Item: Item 5
Chunk 29
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  17  

We could be
negatively impacted by violations of applicable anti-corruption laws or violations of our internal policies designed to ensure ethical
business practices.

We operate in a number of countries throughout the
world, and we may operate in countries that may not have the strong commitment to anti-corruption and ethical behavior that is required
by U. S. laws or by our corporate policies. We are subject to the risk that we, our U. S. employees or any future employees or consultants
located in other jurisdictions, or any third parties such as our distributors that we engage to do work on our behalf in foreign countries
may take action determined to be in violation of anti-corruption laws in any jurisdiction in which we conduct business, including the
FCPA. The FCPA generally prohibits covered entities and their intermediaries from engaging in bribery or making other prohibited payments,
offers or promises to foreign officials for the purpose of obtaining or retaining business or other advantages. In addition, the FCPA
imposes recordkeeping and internal controls requirements on publicly traded corporations and their foreign affiliates, which are intended
to, among other things, prevent the diversion of corporate funds to the payment of bribes and other improper payments, and to prevent
the establishment of “off books” slush funds from which such improper payments can be made.

We will face significant risks if we fail to comply
with the FCPA and other laws that prohibit improper payments, offers or promises of payment to foreign governments and their officials
and political parties by us and other business entities for the purpose of obtaining or retaining business or other advantages. In many
foreign countries, particularly in countries with developing economies, it may be a local custom that businesses operating in such countries
engage in business practices that are prohibited by the FCPA or other laws and regulations. We have implemented or are in the process
of implementing company policies relating to compliance with the FCPA and similar laws. However, such policies may not be effective at
preventing all potential FCPA or other violations. Although our agreements with our international distributors state our expectations
for our distributors’ compliance with U. S. laws, including the FCPA, and provide us with various remedies upon any non-compliance,
including the ability to terminate the agreement, our distributors may not comply with U. S. laws, including the FCPA.

Any violation of the FCPA or any similar anti-corruption
law or regulation could result in substantial fines, sanctions,