Company: GINT
Filing Date: 2025-06-27
Form Type: F-1/A
Source: 0001213900-25-058872
Chunk: 159

Company: Gifts International Holdings Ltd
Filing Date: 2025-06-27
Form: F-1/A
Chunk 159
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, disqualification, resignation or removal from office, pursuant to the terms of the employment agreements, the Company’s then current articles of association, or any applicable laws, rules, or regulations, which shall constitute the expiration date. In the event that the executive officer’s successor has not been duly elected or appointed as of the expiration date, the executive officer agrees to continue to serve thereunder until such successor has been duly elected or appointed and qualified. We have also entered into indemnification agreements with each of our directors and executive officers. Under these agreements, we agree to indemnify our directors and executive officers against certain liabilities and expenses incurred by such persons in connection with claims made by reason of their being a director or officer of our Company. Involvement in Certain Legal Proceedings To the best of our knowledge, none of our directors or executive officers has, during the past 10 years, been involved in any legal proceedings described in subparagraph (f) of Item 401 of Regulation S -K. Board diversity We seek to achieve board diversity through the consideration of a number of factors when selecting the candidates to our board of directors, including but not limited to gender, skills, age, professional experience, knowledge, cultural, education background, ethnicity and length of service. The ultimate decision of the appointment will be based on merit and the contribution which the selected candidates will bring to our board. Our directors have a balanced mix of knowledge and skills. We have three independent directors with different industry backgrounds, representing a majority of the members of our board. We also achieved gender diversity by having one female directors out of the total of four directors (including independent directors). Our board is well balanced and diversified in alignment with the business development and strategy of the Company. Outstanding Equity Awards at Fiscal Year-End As of September30, 2024, March 31, 2024 and 2023, we had no outstanding equity awards. 111 2025 Share Incentive Plan We will adopt the Gifts International Holdings Limited 2025 Share Incentive Plan, or the 2025 Incentive Plan, upon the effectiveness of our registration statement on Form F -1, of which this prospectus is a part, to attract and retain best available personnel, provide additional incentives to employees, directors and consultants, and promote the success of our business. Under the 2025 Incentive Plan, the maximum aggregate number of Class A Ordinary Shares which may be issued pursuant to all awards (including incentive share options) will be [1,732,725] Class