Company: DKI
Filing Date: 2025-04-25
Form Type: DRS/A
Source: 0001641172-25-006135
Chunk: 156

Company: DarkIris Inc.
Filing Date: 2025-04-25
Form: DRS/A
Chunk 156
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86 |

Board of Directors

Composition of our board of directors

Our board of directors will consist of five directors. A director is not required to hold any shares in our Company to qualify to serve as a director. The Corporate Governance Rules of the Nasdaq generally require that a majority of an issuer’s board of directors must consist of independent directors. Our board of directors has determined that each of Mr. Ng Chee Jiong, Mr. Law Chee Hui and Mr. Li Feng Lin is an “independent director” as defined under the Nasdaq rules. Our board of directors is composed of a majority of independent Directors.

Committees of the Board of Directors

We intend to establish an audit committee, a compensation committee and a nominating and corporate governance committee under our board of directors effective upon the SEC’s declaration of effectiveness of our registration statement on Form F-1 of which this prospectus is a part. We intend to adopt a charter for each of the three committees effective upon the SEC’s declaration of effectiveness of our registration statement on Form F-1 of which this prospectus is a part. Each committee’s members and functions are described below.

Audit Committee.

Our Audit Committee will consist of our three independent Directors, and will be chaired by [*]. We have determined that each member of our Audit Committee will satisfy the requirements of Section 303A of the Corporate Governance Rules/Rule 5605(c)(2) of the Listing Rules of the Nasdaq and meet the independence standards under Rule 10A-3 under the Securities Exchange Act of 1934, as amended. We have determined that [*] qualifies as an “audit committee financial expert.” The Audit Committee oversees our accounting and financial reporting processes and the audits of the consolidated financial statements of our Company. The Audit Committee is responsible for, among other things:

| ● | reviewing                                                                                                                              
 and recommending to our board for approval, the appointment, re-appointment or removal of the independent auditor, after considering   
 its annual performance evaluation of the independent auditor;                                                                          |
| ● | approving                                                                                                                              
 the remuneration and terms of engagement of the independent auditor and pre-approving all auditing and non-auditing services permitted 
 to be performed by our independent auditors at least annually;                                                                         |
| ● | reviewing                                                                                                                              
 with the Independent Registered Public Accounting Firm any audit problems or difficulties and management’s response;                   |
| ● | discussing                                                                                                                             
 with our independent auditor, among other things, the audits of the consolidated financial statements, including whether any