Company: BNRG
Filing Date: 2025-06-13
Form Type: POS AM
Source: 0001213900-25-054302
Chunk: 70

Company: Brenmiller Energy Ltd.
Filing Date: 2025-06-13
Form: POS AM
Chunk 70
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 under the Companies
Law, the insurance of officeholders does not require shareholder approval and may be approved by only the compensation committee if the
engagement terms are determined in accordance with the company’s compensation policy, which was approved by the shareholders by
the same special majority required to approve a compensation policy, provided that the insurance policy is on market terms and the insurance
policy is not likely to materially impact the company’s profitability, assets or obligations. In addition, under regulations promulgated
under the Companies Law, the insurance of office holders of a company in which there is a controlling shareholder who is also an office
holder, a board approval is also required, subject to meeting the aforesaid conditions.

<div align='center'>II-1</div>

On December 5, 2024, the
general meeting of our shareholders approved granting an indemnification and exemption letters to our officeholders and directors as
may be from time to time, in the form previously approved by our shareholders. Indemnification letters, covering indemnification and
insurance of those liabilities imposed under the Companies Law and the Israeli Securities Law, as discussed above, were granted to each
of our officeholders and were approved for any future officeholders. All of the Company’s directors and the officers have executed
indemnification letters

The maximum indemnification
amount set forth in such letters to all of our officeholders is limited to an amount equal to the higher of (i): $5,000,000; and (ii)
25% of our total shareholders’ equity, neutralizing a provision made for such indemnification, as reflected in our most recent financial
statements (annual or quarterly) prior to the date on which the indemnity payment is made. The maximum amount set forth in such letters
is in addition to any amount paid (if paid) under insurance and/or by a third party pursuant to an indemnification arrangement.

In the opinion of the SEC,
indemnification of directors and officeholders for liabilities arising under the Securities Act, however, is against public policy and
therefore unenforceable.

Exemption

Under the Companies Law,
an Israeli company may not exempt an officeholder from liability for a breach of his or her duty of loyalty, but may exempt in advance
an officeholder from his or her liability to the company, in whole or in part, for damages caused to the company as a result of a breach
of his or her duty of care (other than in relation to distributions),