Company: NCEL
Filing Date: 2025-05-16
Form Type: 20-F
Source: 0001213900-25-044868
Chunk: 333

Company: NewcelX Ltd.
Filing Date: 2025-05-16
Form: 20-F
Item: Item 16B
Chunk 333
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ITEM 16B. CODE OF ETHICS

Code of Business Conduct and Ethics

Pursuant to Swiss law, we
adopted a code of business conduct and ethics which covers a broad range of matters including the handling of conflicts of interest, compliance
issues and other corporate policies such as insider trading and equal opportunity and non-discrimination standards. Our code of business
conduct and ethics is applicable to all our directors, senior management and employees. We have published our code of business conduct
and ethics on our website, www. nlspharma. com. If we make any amendment to the code of business conduct and ethics or grant any
waivers, including any implicit waiver, from a provision of the code, we will disclose the nature of such amendment or waiver on our website
to the extent required by the rules and regulations of the SEC including the instructions to Item 16. B. of Form 20-F.

ITEM 16C. PRINCIPAL ACCOUNTANT FEES AND SERVICES