Company: FSTWF
Filing Date: 2025-07-25
Form Type: 424B3
Source: 0001213900-25-067790
Chunk: 123

Company: FST Corp.
Filing Date: 2025-07-25
Form: 424B3
Chunk 123
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 the term of office of officers; and •exercising the borrowing powers of our company and mortgaging the property of our company. Terms of Directors and Officers FST’s officers are elected by and serve at the discretion of the board of directors. Our directors are not subject to a term of office and hold office until their respective successors have been elected and qualified or until his or her office is otherwise vacated in accordance with our amended and restated articles of association. A director will also be removed from office automatically if, among other things, the director (i) becomes bankrupt or makes any arrangement or composition with his creditors, (ii) dies or is found to be or becomes of unsound mind, (iii) resigns his office by notice in writing, (iv) is prohibited by any applicable law or designated stock exchange rules from being a director, or (v) is removed from office pursuant to any other provisions of FST’s Amended and Restated Memorandum and Articles of Association. Committees of the Board We have established an audit committee, a compensation committee and a nominating committee under our board of directors, and adopted a charter for each of the three committees. Each committee’s members and functions are described below. Audit Committee Our audit committee consists of Messrs. Nick Pin -ChiaChen, Alan Yu -ChengLi, and Richard Qi Li. Mr. Chen is the chairman of our audit committee. We have determined that each of Messrs. Nick Pin -ChiaChen, Alan Yu -ChengLi, and Richard Qi Li satisfy the “independence” requirements of the Nasdaq Stock Market Rules and Rule 10A -3under the Exchange Act, and that Mr. Jun Ge qualifies as an “audit committee financial expert” under Nasdaq Stock Market Rules. The audit committee oversees our accounting and financial reporting processes and the audit of our financial statements. The audit committee is responsible for, among other things: •appointing our independent registered public accounting firm and pre -approvingall auditing and non -auditingservices performed by our independent registered public accounting firm; 87 •reviewing with the independent registered public accounting firm any audit problems or difficulties and management’s response; •reviewing and approving all proposed related -partytransactions, as defined in Item 404 of Regulation S -Kunder the Securities Act; •discussing the annual audited financial statements with management and our independent registered public accounting firm; •annually reviewing and reassessing the adequacy of our audit committee charter