Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 1172

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 9A
Chunk 1172
---
companies.

Simon Watson has served on our board
of directors since October 2024. He is a retired Partner of Goldman Sachs. He worked for Goldman Sachs for 23 years in London and New
York within Equity Capital Markets. Mr. Watson’s final role was running Equity Capital Markets in New York. He was educated at the
London School of Economics and currently resides in the UK with his wife and two sons. We believe Mr. Watson is qualified to serve on
our board of directors due, among other things, to his extensive experience in equity capital markets in both the U.S. and the UK.

Number and Terms of Office of Officers and
Directors

Our board of directors consists of seven members
and is divided into three classes with only one class of directors being appointed in each year, and with each class (except for those
directors appointed prior to our first annual general meeting) serving a three-year term. In accordance with Nasdaq corporate governance
requirements, we are not required to hold an annual general meeting until one year after our first fiscal year end following our listing
on Nasdaq. The term of office of the first class of directors, consisting of Diarmuid Cummins and Amy Gershkoff Bolles, will expire at
our first annual general meeting. The term of office of the second class of directors, consisting of Jason Park, Anna Marie Wagner and
Simon Watson, will expire at the second annual general meeting. The term of office of the third class of directors, consisting of Harry
E. Sloan, Eli Baker and Jeff Sagansky, will expire at the third annual general meeting.

Our officers are appointed by the board of directors
and serve at the discretion of the board of directors, rather than for specific terms of office. Our board of directors is authorized
to appoint officers as it deems appropriate pursuant to our amended and restated memorandum and articles of association.

Director Independence

The rules of Nasdaq require that a majority of
our board of directors be independent within one year of our Initial Public Offering. An “independent director” is defined
generally as a person who, in the opinion of the company’s board of directors, has no material relationship with the listed company
(either directly or as a partner, shareholder or officer of an organization that has a relationship with the company). Our board of directors
has determined that Diarmuid Cummins, Amy Gershkoff Bolles, Jason Park, Anna Marie Wagner and Simon Watson are “independent directors