Company: RGNT
Filing Date: 2025-03-11
Form Type: F-1
Source: 0001213900-25-022350
Chunk: 159

Company: REGENTIS BIOMATERIALS LTD.
Filing Date: 2025-03-11
Form: F-1
Chunk 159
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 Such determination of a company’s
shareholders requires either:

| ● | at least a majority of                                                                                                               
 the shares of non-controlling shareholders or shareholders that do not have a personal interest in the approval voted at the meeting 
 are voted in favor (disregarding abstentions); or                                                                                    |

| ● | the total number of shares                                                                                                           
 of non-controlling shareholders or shareholders that do not have a personal interest in the approval voted against the proposal does 
 not exceed 2% of the aggregate voting rights in the company.                                                                         |

In addition, under the Companies
Law, our board of directors must determine the minimum number of directors who are required to have financial and accounting expertise.
Under applicable regulations, a director with financial and accounting expertise is a director who, by reason of his or her education,
professional experience and skill, has a high level of proficiency in and understanding of business accounting matters and financial
statements. He or she must be able to thoroughly comprehend the financial statements of the listed company and initiate debate regarding
the manner in which financial information is presented. In determining the number of directors required to have such expertise, the board
of directors must consider, among other things, the type and size of the company and the scope and complexity of its operations. Our
board of directors has determined that we require at least two directors with the requisite financial and accounting expertise.
The board of directors has determined that and have the requisite financial and accounting expertise.

External Directors

Under the Companies Law,
companies incorporated under the laws of the State of Israel that are “public companies,” including companies with shares
listed on the Nasdaq Capital Market, are required to appoint at least two external directors.

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A person may not be appointed
as an external director if the person is a relative of a controlling shareholder or if on the date of the person’s appointment
or within the preceding two years the person or his or her relatives, partners, employers or anyone to whom that person is subordinate,
whether directly or indirectly, or entities under the person’s control have or had any affiliation with any of the following, or
an affiliated entity: (1) us; (2) any person or entity controlling us on the date of such appointment; (3) any relative of a controlling
shareholder; or (4) any entity controlled, on the date of such appointment or within the preceding two years, by us or by a controlling
shareholder. If there is no controlling shareholder or any shareholder