Company: BWAY
Filing Date: 2025-04-22
Form Type: 20-F
Source: 0001171843-25-002347
Chunk: 168

Company: Brainsway Ltd.
Filing Date: 2025-04-22
Form: 20-F
Item: Item 6
Chunk 168
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Item 6. Directors, Senior Management and Employees— Share Ownership— Award Plans

.”

Since January 1, 2022, we granted options to purchase 1,768,000 Ordinary Shares to employees and directors,
with a weighted average exercise price of approximately $1.7 per share, or approximately NIS 5.97 per share (based on the exchange rate
reported by the Bank of Israel on December 31, 2024), and 818,400 restricted share units (RSUs).

Directors and Officers Insurance Policy and Indemnification
Agreements

Our articles of association permit us to exculpate, indemnify, and insure each of our directors
and officers to the fullest extent permitted by the Israeli Companies Law. For information, please see “Item 6. C. - Board
Practices - Exculpation, Insurance and Indemnification of Directors and Officers.”

  Interests of Experts and Counsel  

Not applicable.

  ITEM 8.      FINANCIAL INFORMATION  
 ──────────────────────────────────────

  Consolidated Statements and Other Financial Information  

The financial statements required by this item are found at the end of
this Annual Report, beginning on page F-1.

  135  

Legal Proceedings

From time to time, we may become a party to legal
proceedings and claims in the ordinary course of business. We are not currently a party to any significant active legal proceedings, subject
to any disclosure set forth under “Item 4. Information on the Company - Business Overview - Legal Proceedings”
which is incorporated herein by reference.