Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 467

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 2
Chunk 467
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 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”
as defined in the Nasdaq listing standards and applicable SEC rules. Our independent directors will have regularly scheduled meetings
at which only independent directors are present.

Committees of the Board of Directors

Our board of directors has two standing committees:
an audit committee and a compensation committee. Subject to phase-in rules, the rules of Nasdaq and Rule 10A-3 of the Exchange Act require
that the audit committee of a listed company be comprised solely of independent directors. Each committee operates under a charter that
has been approved by our board and has the composition and responsibilities described below.

Audit Committee

We established an audit committee of the board
of directors. Jason Park, Simon Watson and Amy Gershkoff Bolles serve as the members of our audit committee.

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Jason Park serves as the chairman of the audit
committee. Each member of the audit committee is financially literate and our board of directors has determined that Jason Park qualifies
as an “audit committee financial expert” as defined in applicable SEC rules.

We adopted an audit committee charter, which will
detail the principal functions of the audit committee, including:

●assisting board oversight of (1) the integrity of our financial statements, (2) our compliance with legal
and regulatory requirements, (3) our independent registered public accounting firm’s qualifications and independence, and (4) the
performance of our internal audit function and independent registered public accounting firm; the appointment, compensation, retention,
replacement, and oversight of the work of the independent registered public accounting firm and any other independent registered public
accounting firm engaged by us;

●pre-approving all audit and non-audit services to be provided by the independent registered public accounting