Company: STAK
Filing Date: 2025-02-26
Form Type: 424B4
Source: 0001493152-25-008310
Chunk: 121

Company: STAK Inc.
Filing Date: 2025-02-26
Form: 424B4
Chunk 121
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 and recommending to our board of directors such policies and procedures with respect to nomination or appointment of members       
 of our Board and chairs and members of its committees or other corporate governance matters as may be required pursuant to any SEC 
 or Nasdaq rules, or otherwise considered desirable and appropriate;                                                                |
| ● | selecting                                                                                                                          
 and recommending to the board of directors the names of directors to serve as members of the Audit Committee and the Compensation  
 Committee, as well as of the Nomination Committee itself; and                                                                      |
| ● | evaluating                                                                                                                         
 the performance and effectiveness of the board of directors as a whole.                                                            |

| 79 |

Code of Business Conduct and Ethics

We have adopteda code of business conduct and ethics, which is applicable to all of our directors, executive officers and employees and is publicly available.

Duties of Directors

Under Cayman Islands law, our directors owe fiduciary duties to our company. These include, among others, a duty of loyalty, a duty to act honestly, and a duty to act in good faith in what they consider to be in our best interests. Our directors must also exercise their powers only for a proper purpose. Our directors also have a duty to exercise the skills they actually possess and such care and diligence that a reasonably prudent person would exercise in comparable circumstances.

In fulfilling their duty of care to us, our directors must ensure compliance with our post offering amended and restated memorandum and articles of association as may be amended from time to time. Our company has a right to seek damages against any director who breaches a duty owed to us.

Our board of directors has all the powers necessary for managing, and for directing and supervising, our business affairs. The functions and powers of our board of directors include, among others:

| ● | convening                                                                                                        
 shareholders’ annual and extraordinary general meetings and reporting its work to shareholders at such meetings; |
| ● | declaring                                                                                                        
 dividends and distributions;                                                                                     |
| ● | appointing                                                                                                       
 officers and determining the term of office of the officers; and                                                 |
| ● | exercising                                                                                                       
 the borrowing powers of our company and mortgaging the property of our company.                                  |

Terms of Directors and Officers

Our officers are elected by the board of directors. Our directors are not subject to a term of office and hold office until their resignation, death or incapacity, or until their respective successors have been elected and qualified or until his or her office is otherwise vacated in accordance with our amended and restated memorandum and