Company: PFSA
Filing Date: 2025-09-17
Form Type: S-1/A
Source: 0001213900-25-088333
Chunk: 199

Company: Profusa, Inc.
Filing Date: 2025-09-17
Form: S-1/A
Chunk 199
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 O’Rourke will (i) preside over Board meetings at which the Chairman of the Board is not present, (ii) preside over executive sessions of the independent directors, (iii) serve as a liaison between the independent directors and the Chairman of the Board, (iv) be authorized to call meetings of the independent directors, (v) lead the Board in discussions concerning our Chief Executive Officer’s performance and succession, (vi) consult with the Chairman of the Board regarding meeting agendas and meeting schedules for the Board, (vii) be available for consultation and direct communication if requested by major stockholders and (viii) perform such other duties as requested by the Board. While the Board has concluded that this leadership structure is appropriate for us at this time, the Nominating and Corporate Governance Committee will be charged with periodically reviewing the Board’s leadership structure. With the committee’s support, the Board will continue to regularly evaluate its leadership structure and may exercise its discretion to make changes designed to ensure an appropriate and effective framework of governance and accountability, taking into consideration the needs of our business and the long -terminterests of our stockholders. Each director’s term continues until the election and qualification of his or her successor, or his or her earlier death, resignation or removal. Our certificate of incorporation and bylaws authorize only our board of directors to fill vacancies on the board of directors. Any increase or decrease in the number of directors will be distributed among the three classes so that, as nearly as possible, each class will consist of one -thirdof the directors. This classification of our board of directors may have the effect of delaying or preventing changes in control. Independence of our Board of Directors Three (3) of our five (5) directors are independent directors and our Board consists of an independent audit committee, nominating committee and compensation committee. Peter O’Rourke, Rajesh Asorpota, and Lauren Chung are “independent directors,” as defined in Nasdaq listing standards and applicable SEC rules. 129 Board Committees Audit Committee Our audit committee is responsible for, among other things: •appointing, compensating, retaining, evaluating, terminating and overseeing our independent registered public accounting firm; •discussing with our independent registered public accounting firm their independence from management; •reviewing, with our independent registered public accounting firm, the scope and results of their audit; •approving all audit and permissible non -auditservices to be performed by our independent registered public accounting firm; •overseeing the financial reporting process and discussing