Company: TLGYF
Filing Date: 2025-09-29
Form Type: S-4
Source: 0001213900-25-092592
Chunk: 446

Company: TLGY ACQUISITION CORP
Filing Date: 2025-09-29
Form: S-4
Chunk 446
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 voting securities of TLGY or a member of the immediate family of such person, if at the time of the transaction, arrangement or relationship, such person was known to the Company to be such a beneficial owner (any of the parties identified in (a) or (b), a “ Related Party”). Pursuant to the policy, the audit committee will consider: (i) the business reasons for TLGY to enter into the Related Party Transaction, (ii) whether the terms of the Related Party Transaction are arm’s -lengthand in the ordinary course of TLGY’s business, (iii) whether the Related Party Transaction contravenes TLGY’s Code of Business Conduct and Ethics or other policies, (iv) whether the Related Party Transaction would impair the independence of an otherwise independent director and his or her eligibility to serve on any committees of the TLGY Board, (v) whether the Related Party Transaction would present an improper conflict of interest for any director or executive officer of TLGY (or any subsidiary of TLGY), taking into account the size and expected term of the Related Party Transaction, the direct or indirect nature of the Related Party’s interest in the transaction, and the feasibility of recusal to minimize the conflict of interest, and (vi) other facts and circumstances that bear on whether the relationship serves the best interests of the TLGY and its stockholders. Each director, director nominee and executive officer of TLGY will, as applicable, present to the audit committee each proposed related party transaction, including all relevant facts and circumstances relating thereto. Under the policy, TLGY may consummate related party transactions only if its audit committee approves or ratifies the transaction in accordance with the guidelines set forth in the policy. The policy does not permit any director or executive officer to participate in the discussion of, or decision concerning, a related person transaction in which he or she is the related party. SC Assets Related Person Transactions Software License Agreement On June 30, 2025, SC Assets entered into a Software License Agreement with Schulz von Jacob Ltd. (“ SVJ”), an entity that is owned by Ahmed J. Aly, the Chief Technology Officer of SC Assets and a holder of more than 5% of the outstanding shares of SC Assets Class B Common Stock, pursuant to which SVJ granted a perpetual, irrevocable, worldwide, royalty -freeand non -exclusivelicense to use its Node -as - a-Serviceplatform software, which is the basis for SC Assets’ validator business. In consideration for the contribution by SV