Company: NCEL
Filing Date: 2025-07-29
Form Type: F-4/A
Source: 0001213900-25-068765
Chunk: 540

Company: NewcelX Ltd.
Filing Date: 2025-07-29
Form: F-4/A
Chunk 540
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exhaustive) powers are vested exclusively in the shareholders’ meeting: •adopting and amending our articles of association; •electing the members of the NLS Board, the chairman of the NLS Board, the members of the compensation, nomination and governance committee, the auditors and the independent proxy holder (a person annually elected by the shareholders’ meeting and who may represent our shareholders at a shareholders’ meeting as a proxy solicitor); •approving the annual report, the annual statutory financial statements and the consolidated financial statements, and deciding on the allocation of profits as shown on the balance sheet, in particular with regard to dividends and bonus payments to members of the NLS Board; •approving the compensation of members of the NLS Board and executive management, which under Swiss law is not necessarily limited to the executive officers; •discharging the members of the NLS Board and executive management from liability with respect to their tenure in the previous financial year; •dissolving NLS with or without liquidation; and •deciding matters reserved to the shareholders’ meeting by law or our articles of association or that are presented to it by the NLS Board. An extraordinary shareholders’ meeting may be called by a resolution of the NLS Board or, under certain circumstances, by our auditor, liquidator or bondholder (or the representatives of convertible bondholders), if any. In addition, in accordance with Swiss law, the NLS Board is required to convene an extraordinary shareholders’ meeting of shareholders representing at least 5 percent of our share capital or votes request such shareholders’ meeting in writing. Such request must set forth the items to be discussed and the proposals to be acted upon. According to Swiss law, if the most recent annual accounts indicate that the assets less the liabilities no longer cover half of the sum of the (i) share capital; (ii) statutory capital reserve not to be repaid to the shareholders; and (iii) statutory retained earnings, the NLS Board shall take measures to rectify the loss of capital. It shall take, where necessary, further measures to restructure the company or shall convene an extraordinary shareholders’ meeting to request the approval of such measures if they fall within the competence of the shareholders’ meeting. The shareholders’ meeting will be chaired by the chairperson of the NLS Board, or, in his/her absence, by another member of the NLS Board as appointed by the NLS Board. If no member of the NLS Board is present, the shareholders’ meeting shall appoint