Company: TLGYF
Filing Date: 2025-12-29
Form Type: S-4/A
Source: 0001213900-25-125608
Chunk: 496

Company: TLGY ACQUISITION CORP
Filing Date: 2025-12-29
Form: S-4/A
Chunk 496
---
 StablecoinX Board regarding our incentive compensation and equity -basedplans and arrangements; •appointing and overseeing any compensation consultants; •reviewing and discussing annually with management our “Compensation Discussion and Analysis”, to the extent required; and •preparing the annual compensation committee report required by SEC rules, to the extent required. 244 Our compensation committee is expected to consist of [•], [•], [•] and [•], with [•] serving as chair. Pursuant to the Nasdaq listing standards, as a controlled company StablecoinX will not be required to have a compensation committee composed entirely of independent directors. While StablecoinX will remain able to rely upon such exemption from Nasdaq listing standards, the StablecoinX Board expects to determine that each of these directors qualify as “independent” under Nasdaq’s additional standards applicable to compensation committee members, and we expect that the StablecoinX Board or the compensation committee will meet the requirements of Section 16b -3of the Exchange Act with respect to acquisitions from the issuer. Nominating and Corporate Governance Committee StablecoinX’s nominating and corporate governance committee will be responsible for, among other things: •identifying individuals qualified to become members of the StablecoinX Board and ensure the StablecoinX Board has the requisite expertise and consists of persons with sufficiently diverse and independent backgrounds; •recommending to the StablecoinX Board the persons to be nominated for election as directors and to each committee of the StablecoinX Board; •developing and recommending to the StablecoinX Board corporate governance guidelines, and reviewing and recommending to the StablecoinX Board proposed changes to our corporate governance guidelines from time to time; and •overseeing the annual evaluations of the StablecoinX Board, its committees and management. Our nominating and corporate governance committee is expected to consist of [•], [•], [•] and [•], with [•] serving as chair. Pursuant to Nasdaq listing standards, as a controlled company StablecoinX will not be required to have a nominating and corporate governance committee composed entirely of independent directors. While StablecoinX will remain able to rely upon such exemption from the Nasdaq listing standards, the StablecoinX Board expects to determine that the members of our nominating and corporate governance committee qualify as “independent” under Nasdaq rules applicable to nominating and corporate governance committee members. The nominating and corporate governance committee has not set specific minimum qualifications for director positions. Instead, the nominating and corporate governance committee will