Company: BDRX
Filing Date: 2025-05-08
Form Type: POS AM
Source: 0001214659-25-007201
Chunk: 47

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-05-08
Form: POS AM
Chunk 47
---
 of Directors
will hold office only until the earlier to occur of the close of the next following annual general meeting and someone being appointed
in his stead at that meeting. Such a director is eligible for re-election at that meeting but shall not be taken into account in determining
the directors or the number of directors who are to retire by rotation at such meeting.

Rotation of Directors

At every annual general meeting,
one-third of the directors or, if their number is not a multiple of three, then the number nearest to and not exceeding one-third, shall
retire from office and each director must retire from office at least once every three years. If there are fewer than three directors,
one director shall make himself or herself available for re-election.

The directors to retire on
each occasion shall be those subject to retirement by rotation who have been longest in office since their last election, but as between
persons who became or were re-elected directors on the same day those to retire shall (unless they otherwise agree amongst themselves)
be determined by lot.

A director who retires at the annual general meeting shall be eligible
for re-election.

The shareholders may, at the
meeting at which a director retires, fill the vacated office by electing a person and in default the retiring director shall, if willing
to continue to act, be deemed to have been re-elected, unless at such meeting it is expressly resolved not to fill such vacated office
or unless a resolution for the re-election of such director shall have been put to the meeting and lost or such director has given notice
in writing to us that he is unwilling to be re-elected or such director has attained the retirement age applicable to him as director
pursuant to the Companies Act.

Director’s Interests

The Board of Directors may
authorize, to the fullest extent permitted by law, any matter proposed to them which would otherwise result in a director infringing his
duty to avoid a situation in which he has, or can have, a direct or indirect interest that conflicts, or possibly may conflict, with our
interests and which may reasonably be regarded as likely to give rise to a conflict of interest. A director shall not, save as otherwise
agreed by him, be accountable to us for any benefit which he (or a person connected with him) derives from any matter authorized by the
directors and any contract, transaction or arrangement relating thereto shall not be liable to be avoided on the grounds of any such benefit.

| 31 |

Subject