Company: RGNT
Filing Date: 2025-01-24
Form Type: DRS
Source: 0001213900-25-006245
Chunk: 172

Company: REGENTIS BIOMATERIALS LTD.
Filing Date: 2025-01-24
Form: DRS
Chunk 172
---
 from the company’s initial public offering, or otherwise three years (approval of either a new compensation policy or the continuation of an existing compensation policy must in any case occur five years from the company’s initial public offering, or otherwise every three years); |

| ● | recommending to the board of directors periodic updates to the compensation policy; |

| ● | assessing implementation of the compensation policy; |

| ● | determining whether to approve the terms of compensation of certain office holders which, according to the Companies Law, require the committee’s approval; and |

| ● | determining whether the compensation terms of a candidate for the position of the chief executive officer of the company needs to be brought to approval of the shareholders according to the Companies Law. |

<div align='center'>105</div>

Our compensation committee
charter, to be effective as of the effective time of the registration statement to which this prospectus relates, sets forth the responsibilities
of the compensation committee, which include:

| ● | the responsibilities set forth in the compensation policy; |

| ● | reviewing and approving the granting of options and other incentive awards to the extent such authority is delegated by our board of directors; and |

| ● | reviewing, evaluating and making recommendations regarding the compensation and benefits for our non-employee directors. |

In addition, our compensation
committee is responsible for:

| ● | overseeing our corporate governance functions on behalf of the board; |

| ● | making recommendations to the board regarding corporate governance issues; |

| ● | identifying and evaluating candidates to serve as our directors consistent with the criteria approved by the board; |

| ● | reviewing and evaluating the performance of the board; |

| ● | serving as a focal point for communication between director candidates, non-committee directors and our management; selecting or recommending to the board for selection candidates to the board; and |

| ● | making other recommendations to the board regarding affairs relating to our directors. |

Internal auditor

Under the Companies Law, the
board of directors of a public company must appoint an internal auditor based on the recommendation of the audit committee. The role of
the internal auditor is, among other things, to examine whether a company’s actions comply with applicable law and orderly business
procedure. Under the Companies Law, the internal auditor cannot be an interested party or an office holder or a relative of an interested
party or an office holder, nor may the internal auditor be the company’s independent auditor or its representative. An “interested
party” is defined in the Companies Law as: (i) a