BrenX Ltd.

BRENX LTD. is a technology and project development company focused on thermal energy storage (TES) systems. The company develops, produces, markets, and sells TES systems that utilize its proprietary and patented bGen technology. BRENX LTD. also initiates and executes TES Energy-as-a-Service (EaaS) projects as part of its current business model. The company's solutions are designed to support the electrification and decarbonization of industrial processes, enhance integration with renewable energy sources, and reduce carbon emissions. The bGen TES system stores energy from electrical heaters and can also recover wasted heat from available energy resources to deliver a consistent energy output. This capability allows the bGen TES system to precisely match energy supplies with demand and connect renewable energy with conventional power sources. BRENX LTD.'s business operations are not subject to material seasonality. In January 2026, the company announced its BNRG360 integrated energy platform, which aims to expand its business model to offer bundled clean heat and power solutions combining TES, solar photovoltaic, and battery energy storage systems under long-term contractual arrangements. As of the date of this annual report, BRENX LTD. has not yet executed projects under the BNRG360 framework.