Company: BLRX
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001178913-25-001123
Chunk: 237

Company: BioLineRx Ltd.
Filing Date: 2025-03-31
Form: 20-F
Item: Item 6
Chunk 237
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 the terms by the Special Majority for Compensation . However, if the shareholders   
           do not approve a compensation arrangement with an executive officer that is inconsistent with the company’s compensation policy,       
        a company’s compensation committee and board of directors, may, in special circumstances approve the compensation despite shareholder     
        objection, provided that the compensation committee and thereafter the board of directors have determined to approve the compensation     
    based on detailed reasoning, after each having re- discussed the terms of compensation, and after examining the objection of the shareholders.
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•                                                      Chief Executive Officer. The compensation                                                    
      of a chief executive officer in a public company generally requires approval by the (i) compensation committee; (ii) the board of directors;  
      and (iii) the shareholders of the company by the Special Majority for Compensation. Approval of the compensation terms of a chief executive   
       officer which do not comply with the compensation policy may nonetheless be approved, in special circumstances, subject to two cumulative    
        conditions: (i) the compensation committee and thereafter the board of directors, approved the terms after having taken into account the    
    various considerations and mandatory requirements set forth in the Companies Law with respect to a compensation policy and (ii) the shareholders
         of the company have approved the terms by means of the Special Majority for Compensation . However, a company’s compensation committee     
        and board of directors, may, in special circumstances approve the compensation of a chief executive officer (who is not a director) that    
            is not approved by shareholders despite shareholder objection, provided that the company’s compensation committee and thereafter        
       the board of directors have determined to approve the compensation, based on detailed reasoning, after each having re-discussed the terms    
        of office and employment, and after examining the objection of the shareholders. In addition, the compensation committee may exempt from    
     shareholder approval the compensation terms of a candidate for the office of chief executive officer where such officer has no prior business  
        relationship with the controlling shareholder or the company, if it has found, based on detailed reasons, that bringing the compensation    
        to the approval of the shareholders would impede the employment of such candidate by the company, provided that the terms of office and     
                                          employment are in accordance with the company’s compensation policy.                                      
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•                                                    Directors. The compensation of a director                                                  
     (who is not the chief executive officer) of a public company generally requires approval by the (i) compensation committee; (ii) the board 
      of