Company: NCEL
Filing Date: 2025-09-25
Form Type: F-1
Source: 0001213900-25-091697
Chunk: 41

Company: NewcelX Ltd.
Filing Date: 2025-09-25
Form: F-1
Chunk 41
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 meeting of shareholders if shareholders representing at least 5% of our share capital
or votes request such general meeting of shareholders in writing. Such request must set forth the items to be discussed and the proposals
to be acted upon. According to the CO, if the most recent annual accounts indicate that the assets less the liabilities no longer cover
half of the sum of the share capital, then the statutory capital reserve is not to be repaid to the shareholders and the statutory retained
earnings, and the board of directors shall take measures to rectify the loss of capital. It shall take, where necessary, further measures
to restructure the company or shall convene an extraordinary general meeting to request the approval of such measures if they fall within
the competence of the general meeting.

<div align='center'>21</div>

Voting and Quorum Requirements

Shareholder resolutions and
elections (including elections of members of the board of directors) require the affirmative vote of the absolute majority of shares represented
at the general meeting of shareholders, unless otherwise stipulated by law.

A resolution of the general
meeting of the shareholders passed by two-thirds of the votes represented at the meeting and the absolute majority of the nominal value
of the shares represented is required for:

| ● | any amendment of the Company’s objectives; |

| ● | the consolidation of shares, insofar as this                
 does not require the consent of all shareholders concerned; |

| ● | the introduction of shares with preferential 
 voting rights;                               |

| ● | any restriction on the transferability of registered 
 shares;                                              |

| ● | creating of capital band or conditional share 
 capital;                                      |

| ● | a capital increase funded by equity, against                                                                     
 contributions in kind or for the purpose of funding acquisitions in kind and the granting of special privileges; |

| ● | the conversion of participation certificates 
 into shares;                                 |

| ● | any restriction or cancellation of the subscription 
 right (i.e., pre-emptive rights);                   |

| ● | the change of the currency of the Company’s 
 share capital;                              |

| ● | the introduction of the casting vote of the chairperson 
 in the general meeting;                                 |

| ● | a relocation of the seat (registered office) 
 of the Company;                              |

| ● | the delisting of the Company’s equity securities; |

| ● | a provision in the articles of association concerning 
 the holding of the general meeting abroad;            |

| ● | the introduction of an arbitration clause