Company: EGG
Filing Date: 2025-03-04
Form Type: DRS/A
Source: 0001493152-25-008991
Chunk: 129

Company: ENIGMATIG LTD
Filing Date: 2025-03-04
Form: DRS/A
Chunk 129
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 2023 and 2024, we and our subsidiaries paid aggregate cash compensation of approximately US$682,174 and US$254,057, respectively, to our directors and executive officers as a group.

[EmploymentAgreements and Indemnification Agreements

We will enter into employment agreements with each of our executive officers for a specified time period providing that the agreements are terminable for cause at any time. The terms of these agreement are substantially similar to each other. A senior executive officer may terminate his or her employment at any time by 30-day prior written notice. We may terminate the executive officer’s employment for cause, at any time, without advance notice or remuneration, for certain acts of the executive officer, such as conviction or plea of guilty to a felony or any crime involving moral turpitude, negligent or dishonest acts to our detriment, or misconduct or a failure to perform agreed duties.

Each executive officer will agree to hold in strict confidence and not to use, except for the benefit of our company, any proprietary information, technical data, trade secrets and know-how of our company or the confidential or proprietary information of any third party, including our subsidiaries and our clients, received by our company. Each of these executive officers will also agree to be bound by noncompetition and non-solicitation restrictions during the term of his or her employment and typically for two years following the last date of employment.

We will enter into indemnification agreements with our directors and executive officers, pursuant to which we will agree to indemnify our directors and executive officers against certain liabilities and expenses incurred by such persons in connection with claims made by reason of their being such a director or officer.]

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<div align='center'>PRINCIPAL SHAREHOLDERS</div>

The following table shows the beneficial ownership of the ordinary shares as of the date of this registration statement by:

| ● | each                                     
 of our executive officers and directors; |

| ● | all                                                        
 of the executive officers and directors of as a group; and |

| ● | each                                                                              
 person known to us who will beneficially own more than 5% of the ordinary shares. |

The calculations in the table below are based on 9,250,000 Class A ordinary shares and 15,750,000 Class B ordinary shares issued and outstanding prior to this offering and [13,000,000] Class A ordinary shares and [15,750,000] Class B ordinary shares outstanding immediately after this offering assuming that the underwriters do