Company: TLGYF
Filing Date: 2025-12-29
Form Type: S-4/A
Source: 0001213900-25-125608
Chunk: 497

Company: TLGY ACQUISITION CORP
Filing Date: 2025-12-29
Form: S-4/A
Chunk 497
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 review nominations for election or re -electionto the StablecoinX Board on the basis of a particular candidate’s merits and StablecoinX’s needs after taking into account the current composition of the StablecoinX Board. When evaluating candidates annually for nomination for election, the nominating and corporate governance committee will consider an individual’s skills, diversity, independence, experience in areas that address the needs of the StablecoinX Board and ability to devote adequate time to StablecoinX Board duties. The nominating and corporate governance committee does not specifically define diversity, but values diversity of experience, perspective, education, race, gender and national origin as part of its overall annual evaluation of director nominees for election or re -election. Whenever a new seat or a vacated seat on the StablecoinX Board is being filled, candidates that appear to best fit the needs of the StablecoinX Board and StablecoinX will be identified, interviewed and evaluated by the nominating and corporate governance committee. Candidates selected by the nominating and corporate governance committee will then be recommended to the full StablecoinX Board. Investment Committee StablecoinX’s investment committee will be responsible for, among other things, overseeing all of StablecoinX’s capital allocations, including, but not limited to: •purchases of ENA, focusing on timing, size, price and frequency; •equity issuances, repurchases or redemptions (including, but not limited to option or warrant exercises); •dividend policy; •treasury operations; •material borrowings; and •approving any transaction outside the ordinary course. 245 Our investment committee is to consist of one representative from StablecoinX, one representative from Ethena and one independent representative to be mutually agreed upon by the parties to the Collaboration Agreement. Our investment committee is expected to consist of [•], [•], and [•], with [•] serving as chair. The StablecoinX Board may from time to time establish other committees. Code of Ethics In connection with Closing, StablecoinX will adopt a code of ethics that applies to all of our executive officers, directors and employees, including our principal executive officer, principal financial officer, principal accounting officer or controller or persons performing similar functions. The code of ethics will be available on our website,([•]). StablecoinX intends to make any legally required disclosures regarding amendments to, or waivers of, provisions of our code of ethics on our website rather than by filing a Current Report on Form 8 -K. Compensation Committee Interlocks and Insider Participation No anticipated