Company: RGNT
Filing Date: 2025-03-11
Form Type: F-1
Source: 0001213900-25-022350
Chunk: 164

Company: REGENTIS BIOMATERIALS LTD.
Filing Date: 2025-03-11
Form: F-1
Chunk 164
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 (as described above).

External directors may be
removed from office by a special general meeting of shareholders called by the board of directors, which approves such dismissal by the
same shareholder vote percentage required for their election, after receiving the board of directors’ arguments for such removal,
or by a court, in each case, only under limited circumstances, including ceasing to meet the statutory qualifications for appointment,
or violating their duty of loyalty to the company. If an external directorship becomes vacant and there are fewer than two external directors
on the board of directors at the time, then the board of directors is required under the Companies Law to call a shareholders meeting
as soon as practicable to appoint a replacement external director.

Each committee of the board
of directors that is authorized to exercise the powers of the board of directors must include at least one external director, except
that the audit committee and the compensation committee must include all external directors then serving on the board of directors.

External directors may be
compensated only in accordance with regulations adopted under the Companies Law.

Committees of the Board of Directors

Audit Committee

We have established an audit
committee to be effective as of the effective time of the registration statement to which this prospectus relates. The members of this
committee will be Mr. Keith Valentine, Mr. Pini Ben-Elazar, and Mr. Cohen-Arazi. Mr. Cohen-Arazi will serve as the chairperson of the
committee. Each member of our audit committee will be independent as such term is defined in Rule 10A-3 under the Exchange Act, and each
member of our audit committee will satisfy the additional requirements applicable under the Nasdaq Marketplace Rules to members of audit
committees. Our board of directors has determined that each of Mr. Keith Valentine and Dr. Susan Alpert is an “audit committee
financial expert” as defined by the SEC rules and has the requisite financial experience as defined by the Nasdaq Marketplace Rules.

Under the Nasdaq Marketplace
Rules, we are required to maintain an audit committee consisting of at least three independent directors, all of whom are financially
literate and one of whom has accounting or related financial management expertise.

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The audit committee must
be comprised of at least three directors, including all of the external directors, one of whom must serve as chairman of the committee.
Under the Companies Law, the audit committee may not include the chairman of the board of directors, a controlling shareholder of the
company or