Company: BWAY
Filing Date: 2025-04-22
Form Type: F-3
Source: 0001171843-25-002378
Chunk: 42

Company: Brainsway Ltd.
Filing Date: 2025-04-22
Form: F-3
Chunk 42
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incorporated by reference to Exhibit 99.2 to the Company’s Report on Form 6-K, filed with the Securities and Exchange Commission on November 5, 2024).                                          |
| 5.1         |     | Opinion of S. Friedman, Abramson & Co., Israeli legal counsel to the Registrant, re legality (including consent).                                                                                                                                                                                                                                                                 |
| 5.2         |     | Opinion of Haynes and Boone, LLP, U.S. legal counsel to the Registrant.                                                                                                                                                                                                                                                                                                           |
| 23.1        |     | Consent of Kost Forer Gabbay & Kasierer, Certified Public Accountant (Isr.), a member of Ernst & Young Global, independent registered public accounting firm for the Registrant.                                                                                                                                                                                                  |
| 23.2        |     | Consent of S. Friedman, Abramson & Co. (included in Exhibit 5.1).                                                                                                                                                                                                                                                                                                                 |
| 23.3        |     | Consent of Haynes and Boone, LLP (included in Exhibit 5.2).                                                                                                                                                                                                                                                                                                                       |
| 24.1        |     | Powers of Attorney (included in signature page to Registration Statement).                                                                                                                                                                                                                                                                                                        |
| 107         |     | Filing Fee Table.                                                                                                                                                                                                                                                                                                                                                                 |

____________________

* To be filed, if applicable, by amendment, or as an exhibit to a report on Form 6-K and incorporated
herein by reference.

| II-5 |

<div align='center'>SIGNATURES</div>

Pursuant to the requirements of the Securities Act,
the Registrant certifies that it has reasonable grounds to believe that it complies with all of the requirements for filing on Form F-3
and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Jerusalem,
Israel, on April 22, 2025.

| BRAINSWAY LTD. |                         |
| By:            | /s/ Hadar Levy          |
| Name:          | Hadar Levy              |
| Title:         | Chief Executive Officer |

<div align='center'>POWER OF ATTORNEY</div>

KNOW ALL PERSONS BY THESE PRESENTS, each director and
officer whose signature appears below constitutes and appoints, Hadar Levy or Ido Marom, or either of them, his or her true and lawful
attorney-in-fact and agent, with full power of substitution and re-substitution,