Company: NCEL
Filing Date: 2025-06-09
Form Type: F-4/A
Source: 0001213900-25-052354
Chunk: 446

Company: NewcelX Ltd.
Filing Date: 2025-06-09
Form: F-4/A
Chunk 446
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 consent. The Compensation Committee has the following roles and responsibilities: With regard to compensation guidelines:(a) prepare and recommend remuneration principles, or the Guidelines, for the NLS Board and Executive Officers and (b) annually review these Guidelines to ensure they align with market conditions, are consistent with NLS’s and the individual’s performance and recent compensation history, and aligns with the interests of the NLS Board and Executive Officers. With regard to the NLS Board compensation:(a) propose to the NLS Board the maximum aggregate compensation for the NLS Board to be approved by shareholders, as required under applicable Swiss Law and (b) recommend individual compensation packages for NLS Board members within the approved maximum approved by the shareholders. With regard to the Executive Officer compensation:(a) propose to the NLS Board the maximum aggregate compensation for Executive Officers, to be approved by shareholders, as applicable under Swiss law and (b) annually evaluate Executive Officer performance (without them present) and recommend salaries, incentive compensation, and equity, compensation for NLS Board approval within the approved maximum approved by the shareholders. With regard to incentive plans:(a) propose incentive compensation plans providing for variable compensation of the members of the NLS board and Executive Officers based on NLS and individual performance, (b) review and propose changes to equity compensation plans and (c) review and propose employment or severance agreements with Executive Officers within the approved maximum approved by the shareholders. With regard to corporate goals:(a) review annual corporate goals proposed by the CEO; 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. 253 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