Company: NCEL
Filing Date: 2025-09-03
Form Type: F-4/A
Source: 0001213900-25-084157
Chunk: 479

Company: NewcelX Ltd.
Filing Date: 2025-09-03
Form: F-4/A
Chunk 479
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.Eran Iohan and Ms. Liora Oren as members of each of the Audit, Compensation, Nomination and Governance Committees for a term lasting until the next annual ordinary shareholders’ meeting. The Kadimastem Board has also determined that each current member of the compensation committee is independent as defined under Nasdaq listing standards and the Israel Companies Law, and that each current member of the audit committee is independent as defined under Nasdaq listing standards and applicable SEC rules and Israel Companies laws. 256 Board Committees Mr.Olivier Samuel, Mr.Eran Iohan and Ms. Liora Oren as members of each of the Audit, Compensation, Nomination and Governance Committee for a term lasting until the next annual ordinary shareholders’ meeting. The Kadimastem Board has determined that each current member of the compensation committee is independent as defined under Nasdaq listing standards and the Israel Companies Law, and that each current member of the audit committee is independent as defined under Nasdaq listing standards and applicable SEC rules and Israel Companies laws. Audit Committee The audit committee of NLS, or the Audit Committee, focuses on financial reporting integrity, oversight of auditors, internal controls, and risk/compliance. It provides an independent check on NLS’s accounting and financial practices, reporting regularly to the NLS Board on these matters. The Audit Committee is a permanent committee of the NLS Board. Its purpose is to oversee the integrity of NLS’s financial statements, the independent audits’ compliance with applicable legal and regulatory requirements, the accounting and financial reporting processes and the internal control, risk, and compliance management processes of the NLS. The Audit Committee consists of at least one member of the NLS Board, who must meet Nasdaq and applicable legal independence requirements, including Rule 10A -3under the Exchange Act. At least one member should be an “audit committee financial expert” (if required), in accordance with the rules promulgated by Nasdaq, the SEC, and other governing bodies. The NLS Board designates members annually (or to fill any vacancies) upon recommendation by the Compensation, Nomination and Governance Committee. The Audit Committee meets as often as necessary, but at least once per fiscal year. The chairperson schedules and presides over meetings, sets and distributes the agenda in advance, and prepares regular reports to the Board of Directors. A majority of the Audit Committee members present constitutes a quorum. Decisions require a majority vote of those present. Action without a meeting is permitted by unanimous written consent. Senior management, independent