Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 886

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 886
---
 sub-committee; save that any delegation must be capable of being revoked or altered by the Directors at will. 17.4Unless otherwise permitted by the Directors, a committee must follow the procedures prescribed for the taking of decisions by Directors. Annex C-26 17.5For so long as Shares are listed on a Designated Stock Exchange, the Board shall establish an audit committee, a compensation committee and a nominating and corporate governance committee. Each of these committees shall be empowered to do all things necessary to exercise the rights of such committee set forth in these Articles. Each of the audit committee, compensation committee and nominating and corporate governance committee shall consist of at least three Directors (or such larger minimum number as may be required from time to time by the Designated Stock Exchange Rules). The committees shall be made up of such number of Independent Directors as required from time to time by the Designated Stock Exchange Rules or otherwise required by applicable law, subject to any exemptions permitted under the Designated Stock Exchange Rules and other applicable laws. Local boards 17.6The Board may establish any local or divisional board or agency for managing any of the affairs of the Company whether in the Cayman Islands or elsewhere and may appoint any persons to be members of a local or divisional Board, or to be managers or agents, and may fix their remuneration. 17.7The Board may delegate to any local or divisional board, manager or agent any of its powers and authorities (with power to sub-delegate) and may authorise the members of any local or divisional board or any of them to fill any vacancies and to act notwithstanding vacancies. 17.8Any appointment or delegation under this Article 17.8 may be made on such terms and subject to such conditions as the Board thinks fit and the Board may remove any person so appointed, and may revoke or vary any delegation. Power to appoint an agent of the Company 17.9The Directors may appoint any person, either generally or in respect of any specific matter, to be the agent of the Company with or without authority for that person to delegate all or any of that person’s powers. The Directors may make that appointment: (a)by causing the Company to enter into a power of attorney or agreement; or (b)in any other manner they determine. Power to appoint an attorney or authorised signatory of the Company 17.10The Directors may appoint any person, whether nominated directly or indirectly by the Directors, to be the attorney or the authorised sign