Company: FSTWF
Filing Date: 2025-07-25
Form Type: 424B3
Source: 0001213900-25-067790
Chunk: 129

Company: FST Corp.
Filing Date: 2025-07-25
Form: 424B3
Chunk 129
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 country corporate governance practices in lieu of the otherwise applicable corporate governance standards of the Nasdaq. The application of such exceptions requires that FST discloses any significant ways that its corporate governance practices differ from the Listing Rules that FST does not follow. Independence of Directors As a result of its securities being listed on Nasdaq following consummation of the Business Combination, FST will adhere to the rules of such exchange, as applicable to foreign private issuers and controlled companies, in determining whether a director is independent. The board of directors of FST has consulted, and will consult, with its counsel to ensure that the board of director’s determinations are consistent with those rules and all relevant securities and other laws and regulations regarding the independence of directors. The size of FST’s board of directors is seven directors, four of whom will qualify as independent within the meaning of the independent director guidelines of Nasdaq. We anticipate that Nick Pin -ChiaChen, Alan Yu -ChengLi, Huoy -MingYeh and Richard Qi Li will be “independent directors” as defined in the rules of Nasdaq and applicable SEC rules. Insider Trading Policy FST has adopted an insider trading policy which will prohibit its executives, other employees and directors from: (i) trading in its securities while in possession of material undisclosed information about FST; and (ii) entering into certain derivative -basedtransactions that involve, directly or indirectly, securities of FST, during a restricted period. Diversity The FST Board has not adopted any policies that address the identification and nomination of women or other diverse candidates to the FST Board or to management of FST. The FST Board recognizes the importance and benefit of having a board of directors and senior management composed of highly talented and experienced individuals having regard to the need to foster and promote diversity among board members and senior management with respect to attributes such as gender, ethnicity and other factors. In support of this goal, the nominating and corporate governance committee intends to, when identifying candidates to nominate for election to the FST Board or appoint as senior management or in its review of senior management succession planning and talent management: •consider individuals who are highly qualified, based on their talents, experience, functional expertise and personal skills, character and qualities having regard to FST’s current and future plans and objectives, as well as anticipated regulatory and market developments; •consider criteria that promote diversity, including with regard to gender, ethnicity, and other considerations; 92 •consider the level of representation of women on its board of