Company: LIMN
Filing Date: 2025-06-02
Form Type: 8-K/A
Source: 0001104659-25-055078
Chunk: 26

Company: Liminatus Pharma, Inc.
Filing Date: 2025-06-02
Form: 8-K/A
Chunk 26
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 and corporate governance committee,
each of which has the composition and responsibilities described below. Members serve on these committees until their resignation or until
otherwise determined by our Board. Each committee operates under a charter that was approved by the Board. The Board may from time to
time establish other committees.

Audit Committee

ParentCo’s audit committee
consists of Dr. Eun Sook Lee, Dr. Ji Yeon Baek and Nicholas Fernandez, each of whom is an independent director under applicable
Nasdaq listing standards. Nicholas Fernandez has been appointed chair of the audit committee. The Board has determined that Nicholas Fernandez
qualifies as an “audit committee financial expert,” as defined under rules and regulations of the SEC. The audit committee’s
duties, which are specified in the Audit Committee Charter, include, but are not limited to: the appointment, compensation, retention,
replacement, and oversight of the work of our independent registered public accounting firm, pre-approving all audit and permitted non-audit
services to be provided by our independent registered public accounting firm, reviewing and approving any related party transaction required
to be disclosed pursuant to Item 404 of Regulation S-K promulgated by the SEC prior to us entering into such transaction and reviewing
with management, the independent registered public accounting firm, and our legal advisors, as appropriate, any legal, regulatory, or
compliance matters, including any correspondence with regulators or government agencies and any employee complaints.

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Compensation Committee

ParentCo’s compensation
committee consists of Dr. Eun Sook Lee, Dr. Ji Yeon Baek and Nicholas Fernandez, each of whom is an independent director under
applicable Nasdaq listing standards. Dr. Eun Sook Lee has been appointed chair of the compensation committee. The compensation committee’s
duties, include, but are not limited to: determining or recommending to the Board for determination, the compensation of our executive
officers, including our chief executive officer, administering our equity compensation plans, overseeing our overall compensation policies
and practices, compensation plans, and benefits programs and preparing the compensation committee report that the SEC will require in
our annual proxy statement.

Nominating and Corporate Governance Committee

ParentCo’s nominating
and corporate governance committee consists of Dr. Eun Sook Lee, Dr. Ji Yeon Baek and Nicholas Fernandez, each of whom is an
independent director under applicable Nasdaq listing standards. Nicholas Fernandez has been appointed chair of the nominating