Company: NCEL
Filing Date: 2025-09-03
Form Type: F-4/A
Source: 0001213900-25-084157
Chunk: 482

Company: NewcelX Ltd.
Filing Date: 2025-09-03
Form: F-4/A
Chunk 482
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; recommend final goals to the NLS Board and (b) determine the level of achievement of those goals to calculate variable compensation of the executive officers in accordance with the applicable incentive plan. With regard to the compensation report:(a) support the NLS Board in preparing the statutory Swiss compensation report and (b) review and propose any other required public disclosures on compensation and benefits. With regard to NLS Board composition:(a) evaluate the composition, size, role and functions of the NLS Board and its committees; recommend changes to the NLS Board or shareholders and (b) determine criteria for selecting new directors and conduct searches for qualified candidates whose skills and attributes reflect these criteria. With regard to director nomination:(a) recommend nominees for election at shareholders’ meetings, considering skill sets, experience, independence, reputation and affiliations, and diversity, (b) recommend a nominee for NLS Board chairperson, (c) ensure compliance with independence and other requirements under applicable laws, regulations and stock exchange listing standards and (d) implement an annual NLS Board self -evaluationprocess. 258 With regard to committee membership:(a) recommend directors for appointment to each committee (in line with the requirements of Swiss law and rules promulgated by Nasdaq or the SEC), (b) ensure members of the Audit Committee meet financial literacy and independence requirements under the rule promulgated by Nasdaq, the SEC, or other governing body, and (c) implement and monitor annual self -evaluationprocesses for committees. With regard to corporate governance oversight:(a) review and recommend changes to governance documents (articles of association, organizational rules, etc.), (b) oversee and verify annual performance evaluations of the NLS Board and committees, (c) evaluate its own performance annually and (d) keep the NLS Board informed of actions other than routine or administrative actions. With regard to adjustments to articles of association:propose changes related to remuneration and governance matters for NLS Board approval, to be ultimately approved by shareholders. With regard to the Compensation Committee Charter:review the Charter annually and recommend any changes to the NLS Board. The charter is subject to review and modification from time to time by the NLS Board as it may deem appropriate and in the best interests of the Company and its shareholders. The Compensation Committee reports regularly to the NLS Board on decisions, proposals, and non -routineitems within its remit. 259

EXECUTIVE COMPENSATION AND SHARE OWNERSHIP Kadimastem’s Employment Agreements and Ind