Company: NCEL
Filing Date: 2025-09-03
Form Type: F-4/A
Source: 0001213900-25-084157
Chunk: 28

Company: NewcelX Ltd.
Filing Date: 2025-09-03
Form: F-4/A
Chunk 28
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 of Directors Explanation:In connection with the Merger and the renewal of the Board of Directors, the Company is proposing that the previously approved compensation for the Board of Directors is adjusted. The Board of Directors believes that the newly proposed compensation for the Board of Directors adequately reflects their responsibility, expected work load and respective efforts on behalf of the Company. Proposal:The Board of Directors proposes: (i) to approve a new maximum aggregate amount of CHF 200,000 (cash base compensation including all applicable social security contributions) for the fixed compensation of the Board of Directors; (ii) to approve the grant of equity or equity -linkedinstruments with maximum aggregate amount of CHF 350,000(equity or equity linked instruments including all applicable social security contributions) for the compensation of members of the Board of Directors; and (iii) to approve the participation in the purchase of a run -offinsurance policy for the members of the Board of Directors, to be effective at the time of the Merger’s completion, with coverage amounts and terms to be approved by the Board of Directors, in each case for the current term of office until the next Ordinary Shareholders Meeting. 12.2 Approval of the Compensation for the Executive Officers Explanation:In connection with the Merger and the renewal of the senior management of the Company, the Company proposes that the previously approved compensation for the executive officers be adjusted. The Board of Directors believes that the newly proposed compensation for the executive officers adequately reflects their respective efforts on behalf of the Company. Proposal:The Board of Directors proposes: (i) to approve the new maximum aggregate amount of CHF 494,000 (cash compensation including all applicable social security contributions) for the fixed compensation of the Company’s executive officers, (ii) to approve the new maximum aggregate amount of CHF 2,206,000 (cash compensation including all applicable social security contributions) for the variable compensation of the Company’s executive officers, (iii) to approve the grant of equity or equity linked instruments with maximum aggregate amount of CHF991,000 (equity or equity linked instruments including all applicable social security contributions) for the Company’s executive officers, and (iv) to approve the participation in the purchase of a run -offinsurance policy for the Company’s executive officers, to be effective at the time of the Merger’s completion, with coverage amounts and terms to be approved by the Board of Directors, in each case for each of the financial year 2025 and the financial year 2026. 13.Approval of