Company: SCAG
Filing Date: 2025-07-03
Form Type: 20-F
Source: 0001213900-25-061408
Chunk: 95

Company: Scage Future
Filing Date: 2025-07-03
Form: 20-F
Item: Item 6
Chunk 95
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 rules and regulations and Nasdaq’s listing rules, and also future requirements to the extent they become applicable to PubCo.
 
Nomination and Corporate Governance Committee
 
Upon the effectiveness of the consummation of Business Combination, we have established a nominating and corporate governance committee of the board of directors. Mr. Kevin Chen, Mr. Qiuliang Peng and Mr. Chao Gao serve on our nominating and corporate governance committee. Each of Mr. Kevin Chen and Mr. Qiuliang Peng is independent. Mr. Chao Gao serves as chairman of the nominating and corporate governance committee.
 
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The primary purposes of our nominating and corporate governance committee will be to assist the board in:
 

●                                                   screening and recommending individuals to be                                               
       elected by the Board to fill vacancies and newly created directorships, and the nominees to be elected as directors at any meeting of   
    shareholders, based on, among other things, their independence, character, ability to exercise sound judgment, diversity, age, demonstrated
       leadership, and relevant skills and experience, including financial literacy, and experience in the context of the needs of the Board.  
       The Committee is committed to actively seeking out highly qualified women and individuals from minority groups to include in the pool   
                                                      from which Board candidates are chosen;                                                  
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●                             identifying individuals qualified to become a                           
    new member of the board of directors, consistent with criteria approved by the board of directors;
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●                                            reviewing the qualifications of incumbent directors                                          
    to determine whether to recommend them for re-election and selecting, or recommending that the board of directors select, the director
                                            nominees for the next annual meeting of shareholders;                                         
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●                                                 identifying members of the board of directors                                               
    qualified to fill vacancies on any board of directors committee and recommending that the board of directors appoint the identified member
                                                     or members to the applicable committee;                                                  
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●    reviewing and recommending to the board of directors
    the corporate governance principles applicable to us;
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●   overseeing the evaluation of the board of directors
                    and management; and                
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●              handling such other matters that are specifically           
    delegated to the committee by the board of directors from time to time.
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Code of Ethics
 
We have adopted a new code of business conduct (the “Code of Business Conduct”) that applies to all directors, executive officers and employees. Our Code of Business Conduct is a “code of ethics,” as