Company: SLMT
Filing Date: 2025-05-28
Form Type: 20-F/A
Source: 0001213900-25-048029
Chunk: 64

Company: Brera Holdings PLC
Filing Date: 2025-05-28
Form: 20-F/A
Chunk 64
---
120,271 |     |     |      112,950 |

The Company applies the short-term lease recognition
exemption to leases of motor vehicles that have a lease term of 12 months or less from the commencement date and do not contain a purchase
option. It also applies the recognition exemption for lease of low-value assets. Lease payments on short-term leases and leases of low-value
assets are recognized as expense on a straight-line basis or another systematic basis over the lease term.

Note 8 – Intangible Assets

|                                                 |     |     | December 31, 2024 |   |     |     | December 31, 2023 |   |
|:------------------------------------------------|:----|:----|------------------:|:--|:----|:----|------------------:|:--|
|                                                 |     | EUR |                   |   |     | EUR |                   |   |
| Customer relationships                          |     |     |           571,100 |   |     |     |           415,000 |   |
| Broadcasting rights/sports titles/stadium lease |     |     |            75,000 |   |     |     |            75,000 |   |
| Brand                                           |     |     |         1,013,000 |   |     |     |         2,225,000 |   |
| Player contracts                                |     |     |           340,000 |   |     |     |           415,000 |   |
| Other                                           |     |     |           554,767 |   |     |     |           554,000 |   |
| Goodwill                                        |     |     |           896,245 |   |     |     |           592,491 |   |
| Subtotal                                        |     |     |         3,450,112 |   |     |     |         4,276,491 |   |
| Less accumulated amortization                   |     |     |          (643,820 | ) |     |     |          (223,113 | ) |
| Net                                             |     |     |         2,806,292 |   |     |     |         4,053,378 |   |

The cost of and amortization methods and periods
used by the Company for goodwill, customer relationships, broadcasting rights and other intangible assets are disclosed in Note 2 under
Intangible Assets. The Company performed its annual impairment assessment and determined that