Company: NCEL
Filing Date: 2025-09-10
Form Type: 424B3
Source: 0001213900-25-086600
Chunk: 275

Company: NewcelX Ltd.
Filing Date: 2025-09-10
Form: 424B3
Chunk 275
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,” “AGAINST” or “ABSTAIN” on Proposal 9. A failure to vote, an abstention or a broker non -vote, if any, will have the same effect as a vote “AGAINST” Proposal 9. THE NLS BOARD UNANIMOUSLY RECOMMENDS THAT YOU VOTE
“FOR” PROPOSAL 9. 119 Election of the members of the Compensation, Nomination and Governance Committee (PROPOSAL 10) In accordance with the Articles, the members of the compensation committee shall be elected annually by the shareholders’ meeting for a period until the completion of the next annual shareholders’ meeting and shall be eligible for re -election. Each member of the compensation committee shall be elected individually. If there are vacancies on the compensation committee and the number of members falls below the minimum of two, the NLS Board shall appoint the missing member from among its members for the remaining term of office. However, since a new Board of Directors will be elected as outlined in Proposal 8 above, the Compensation, Nomination, and Governance Committee must also be reconstituted with the approval of the shareholders. The compensation committee shall consist of two or more members of the NLS Board. The NLS Board shall appoint the chairman of the compensation committee. The compensation committee supports the NLS Board in the establishment and review of the Company’s compensation principles and guidelines, in preparing the compensation report and in preparing the proposals to the shareholders’ meeting regarding compensation of the directors and members of the executive management of NLS. The compensation committee may submit proposals to the board of directors in other compensation related issues. The NLS Board may delegate further tasks and powers to the compensation committee. Kadimastem has submitted the candidacy of Mr.Olivier Samuel, Mr.Eran Iohan and Ms. Liora Oren. At the extraordinary shareholders’ meeting, shareholders of the Company will be asked to elect Olivier Samuel, Eran Iohan and Liora Oren as members of the Compensation, Nomination and Governance Committee for a term lasting until the next annual ordinary shareholders’ meeting. To approve this Proposal10, a resolution passed by a Simple Majority Vote is required. You may vote “FOR,” “AGAINST” or “ABSTAIN” on Proposal 10. A failure to vote, an abstention or a broker non -vote, if any, will have the same effect as a vote “AGAINST” Proposal 10. THE NLS BOARD UNANIMOUSLY RE