Company: BNRG
Filing Date: 2025-03-04
Form Type: 20-F
Source: 0001213900-25-020178
Chunk: 10

Company: Brenmiller Energy Ltd.
Filing Date: 2025-03-04
Form: 20-F
Item: Item 3
Chunk 10
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 executive order to withdraw the United States from the Paris Agreement under the UN’s Framework Convention
on Climate Change, or the Paris Agreement and the Convention.

If
the U. S. federal government does not continue to address environmental laws and regulations relating to renewable energy and TES, it may
adversely impact the ability of companies in the renewable energy sector to generate revenue, including us. Fundamental changes in the
operations of government agencies (i. e., significant agency staff reductions, changes or delays in processes for awarding contracts, and
decisions to shutdown portions of local or state government) also could impact the amount or timing of our revenue, if any. Also, reduced
spending by governmental agencies may increase competition within our industry, which may directly affect future revenue and profits,
if any.

Many
U. S. states have renewable energy bills and goals, including laws to increase renewable energy sources and to reduce carbon emissions.
If state governments do not continue to address environmental laws and regulations, it may adversely impact the ability of companies in
the TES sector to generate revenue, including us.

We may be subject
to securities litigation, which is expensive and could divert management attention.

In
the past, companies that have experienced volatility in the market price of their shares have been subject to securities class action
litigation. We may be the target of this type of litigation in the future. Litigation of this type could result in substantial costs and
diversion of management’s attention and resources, which could seriously hurt our business. Any adverse determination in litigation
could also subject us to significant liabilities.

Our business and
operations might be adversely affected by security breaches, including any cybersecurity incidents.

We
depend on the efficient and uninterrupted operation of our computer and communications systems, and those of our consultants, contractors
and vendors, which we use for, among other things, sensitive company data, including our intellectual property, financial data and other
proprietary business information.

While
we have recently obtained ISO 27001 certification, and certain of our operations have business continuity and disaster recovery plans
and other security measures intended to prevent and minimize the impact of IT-related interruptions, our IT infrastructure and the IT
infrastructure of our consultants, contractors and vendors are vulnerable to damage from cyberattacks, computer viruses, unauthorized
access, electrical failures and natural disasters or other catastrophic events. We could experience failures in our information systems
and computer servers, which could result in an interruption of our normal business operations and require a substantial expenditure of