Company: OSRH
Filing Date: 2025-01-31
Form Type: 424B3
Source: 0001213900-25-008874
Chunk: 486

Company: OSR Holdings, Inc.
Filing Date: 2025-01-31
Form: 424B3
Chunk 486
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 the independent registered public accounting firm’s internal quality -controlprocedures, (ii) any material issues raised by the most recent internal quality -controlreview, or peer review, of the audit firm, or by any inquiry or investigation by governmental or professional authorities within the preceding five years respecting one or more independent audits carried out by the firm and any steps taken to deal with such issues and (iii) all relationships between the independent registered public accounting firm and BLAC to assess the independent registered public accounting firm’s independence; •reviewing and approving any related party transaction required to be disclosed pursuant to Item 404 of Regulation S -Kpromulgated by the SEC prior to entering into such transaction; and 307 •reviewing with management, the independent registered public accounting firm, and our legal advisors, as appropriate, any legal, regulatory or compliance matters, including any correspondence with regulators or government agencies and any employee complaints or published reports that raise material issues regarding our financial statements or accounting policies and any significant changes in accounting standards or rules promulgated by the Financial Accounting Standards Board, the SEC or other regulatory authorities. BLAC’s Audit Committee Charter is included as an exhibit to its annual report on Form 10 -Kfor the fiscal year ended December 31, 2023. BLAC’s Audit Committee Charter can also be reviewed by accessing our public filings at the SEC’s web site at www.sec.gov. Compensation Committee BLAC has established a compensation committee of the board of directors. Mr. Lee and Mr. Kim serve as members of the compensation committee. Under the Nasdaq listing standards and applicable SEC rules, BLAC is required to have at least two members of the compensation committee, all of whom must be independent. Mr. Lee and Mr. Kim are independent and Mr. Lee is the chair of the compensation committee. BLAC has adopted a compensation committee charter details the principal functions of the compensation committee, including: •reviewing and approving on an annual basis the corporate goals and objectives relevant to our Chief Executive Officer’s compensation, if any is paid by us, evaluating our Chief Executive Officer’s performance in light of such goals and objectives and determining and approving the remuneration (if any) of our Chief Executive Officer based on such evaluation; •reviewing and approving on an annual basis the compensation, if any is paid by us, of all of our other officers; •reviewing on an annual basis our executive compensation policies and plans; •implementing and administering our incentive compensation equity -basedremuneration plans; •assisting management