Company: BNRG
Filing Date: 2025-06-13
Form Type: POS AM
Source: 0001213900-25-054302
Chunk: 72

Company: Brenmiller Energy Ltd.
Filing Date: 2025-06-13
Form: POS AM
Chunk 72
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foresaid conditions.

<div align='center'>II-2</div>

Our amended and restated
articles of association permit us to exempt (subject to the aforesaid limitation), indemnify and insure our officeholders to the fullest
extent permitted or to be permitted by the Companies Law.

Item 7. Recent Sales of Unregistered Securities

Set forth below are the
sales of all securities by the Company since June 2022, which were not registered under the Securities Act. The Company believes that
each of such issuances was exempt from registration under the Securities Act in reliance on Section 4(a)(2) of the Securities Act, Rule
701 and/or Regulation S under the Securities Act.

Pursuant to a securities
purchase agreement dated October 29, 2021, or the 2021 Private Placement, with the 2021 Private Placement Investors, on December 29,
2021, we issued 167,031 Ordinary Shares for aggregate gross proceeds of $7.5 million, or the First Closing. On December 29, 2021, we
closed the First Closing of the 2021 Private Placement in which we offered 167,031 Ordinary Shares to the 2021 Private Placement Investors.
On May 24, 2022, we closed the Second Closing of the 2021 Private Placement in which we offered 151,766 Ordinary Shares and 15,266 Prefunded
Warrants. The 2021 Private Placement included an undertaking for us to file a registration statement with the SEC within 45 days from
the First Closing. We filed the registration statement in connection with the 2021 Private Placement, which was subsequently declared
effective by the SEC, and our Ordinary Shares began trading on Nasdaq on May 25, 2022.

On November 29, 2022,
we entered into a definitive securities purchase agreements with certain investors, part of whom are existing shareholders, including
Avraham Brenmiller, in which we sold 199,636 Ordinary Shares and 1,996,359 associated warrants in connection with the 2022 Private Placement.
In addition, as of December 31, 2022, Avraham Brenmiller had an unpaid salary balance (in respect of prior years) in the amount of NIS
790 thousand (approximately $225 thousand). In exchange for such unpaid salary, on November 17, 2022, and November 23, 2022, the Compensation
Committee and the Board of Directors