Company: FCRS
Filing Date: 2025-09-17
Form Type: S-1/A
Source: 0001213900-25-088487
Chunk: 219

Company: FutureCrest Acquisition Corp.
Filing Date: 2025-09-17
Form: S-1/A
Chunk 219
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 a compensation committee charter, which will detail the principal functions of the compensation committee, including: •reviewing and approving on an annual basis the corporate goals and objectives relevant to our chief executive officer’s compensation, evaluating our chief executive officer’s performance in light of such goals and objectives and determining and approving the remuneration (if any) of our chief executive officer’s based on such evaluation; •reviewing and making recommendations to our board of directors with respect to the compensation, and any incentive compensation and equity -basedplans that are subject to board approval of all of our other officers; •reviewing our executive compensation policies and plans; •implementing and administering our incentive compensation equity -basedremuneration plans; •assisting management in complying with our proxy statement and annual report disclosure requirements; •approving all special perquisites, special cash payments and other special compensation and benefit arrangements for our executive officers and employees; •producing a report on executive compensation to be included in our annual proxy statement; and •reviewing, evaluating and recommending changes, if appropriate, to the remuneration for directors. The charter will also provide that the compensation committee may, in its sole discretion, retain or obtain the advice of a compensation consultant, legal counsel or other advisor and will be directly responsible for the appointment, compensation and oversight of the work of any such advisor. However, before engaging or receiving advice from a compensation consultant, external legal counsel or any other advisor, the compensation committee will consider the independence of each such advisor, including the factors required by NYSE and the SEC. Corporate Governance and Nominating Committee Upon the commencement of trading of our units on NYSE, our board of directors will establish a corporate governance and nominating committee of our board of directors. The members of our corporate governance and nominating committee will be Messrs. Englebardt and Semler. Mr.Englebardt will serve as chairman of the corporate governance and nominating committee. We will adopt a nominating and corporate governance committee charter, which will detail the purpose and responsibilities of the nominating and corporate governance committee, including: •Identifying, screening and reviewing individuals qualified to serve as directors, consistent with criteria approved by the board, and recommending to the board of directors candidates for nomination for election at the annual meeting of shareholders or to fill vacancies on the board of directors; •developing and recommending to the board of directors and overseeing implementation of our corporate governance guidelines; 141 •coordinating and overseeing the annual self -evaluationof the board of