Company: RGNT
Filing Date: 2025-05-19
Form Type: F-1/A
Source: 0001213900-25-045479
Chunk: 167

Company: REGENTIS BIOMATERIALS LTD.
Filing Date: 2025-05-19
Form: F-1/A
Chunk 167
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. In such event, the external director so reappointed may not be a Related or Competing Shareholder, as defined below, or a relative of such shareholder, at the time of the appointment, and is not and has not had any affiliation with a Related or Competing Shareholder, at such time or during the two years preceding such person’s reappointment to serve an additional term as external director. The term “Related or Competing Shareholder” means a shareholder proposing the reappointment or a shareholder holding 5% or more of the outstanding shares or voting rights of the company, provided, that at the time of the reappointment, such shareholder, the controlling shareholder of such shareholder, or a company controlled by such shareholder, have a business relationship with the company or are competitors of the company; |

| ● | the external director proposed his or her own nomination, and such nomination was approved in accordance with the requirements described above; or |

| ● | his or her service for each such additional term is recommended by the board of directors and is approved at a shareholders meeting by the same majority required for the initial election of an external director (as described above). |

<div align='center'>97</div>

The term of office for
external directors for Israeli companies traded on certain foreign stock exchanges, including the NYSE American Rules, may be extended
indefinitely in increments of additional three-year terms, in each case provided that the audit committee and the board of directors
of the company confirm that, in light of the external director’s expertise and special contribution to the work of the board of
directors and its committees, the reelection for such additional period(s) is beneficial to the company, and provided that the external
director is reelected subject to the same requirements as if elected for the first two additional three-year terms (as described above).

External directors may be
removed from office by a special general meeting of shareholders called by the board of directors, which approves such dismissal by the
same shareholder vote percentage required for their election, after receiving the board of directors’ arguments for such removal,
or by a court, in each case, only under limited circumstances, including ceasing to meet the statutory qualifications for appointment,
or violating their duty of loyalty to the company. If an external directorship becomes vacant and there are fewer than two external directors
on the board of directors at the time, then the board of directors is required under the Companies Law to call a shareholders meeting
as soon as practicable to appoint a replacement external