Brenmiller Energy Announces 5-For-1 Reverse Share Split; Post-Split Trading To Begin June 20, 2025

Brenmiller Energy Ltd. ("Brenmiller", "Brenmiller Energy" or the "Company") (NASDAQ:BNRG), a leading global provider of Thermal Energy Storage ("TES") solutions for industrial and utility customers, today announced that a reverse share split of its issued and outstanding ordinary shares, no par value per share (the "Ordinary Shares") at a ratio of 5-for-1 is expected to be implemented after market close on June 18, 2025. The Company's Ordinary Shares will begin trading on the Nasdaq Capital Market on a post-split basis at the market open on June 20, 2025 under the Company's existing trading symbol "BNRG".

The reverse share split was approved by the Company's shareholders at the Company's Special General Meeting of Shareholders held on December 5, 2024 (the "Meeting").

Following the reverse share split, the Company's outstanding Ordinary Shares will be reduced from 13,629,259 Ordinary Shares to 2,725,852 Ordinary Shares, proportionate to the approved reverse split ratio. The Company's authorized share capital will not be impacted by the implementation of the reverse share split and will remain 150,000,000 ordinary shares following the consummation of the reverse share split. No fractional shares will be issued as a result of the reverse split. In accordance with the Company's Articles of Association, all fractional shares will be rounded to the nearest whole Ordinary Share such that only shareholders holding fractional consolidated shares of more than half of the number of shares which consolidation constitutes one whole share shall be entitled to receive one consolidated share.