Company: GINT
Filing Date: 2025-08-04
Form Type: F-1/A
Source: 0001213900-25-070836
Chunk: 154

Company: Gifts International Holdings Ltd
Filing Date: 2025-08-04
Form: F-1/A
Chunk 154
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 with claims made by reason of their being a director or officer of our Company. Involvement in Certain Legal Proceedings To the best of our knowledge, none of our directors or executive officers has, during the past 10 years, been involved in any legal proceedings described in subparagraph (f) of Item 401 of Regulation S -K. Board diversity We seek to achieve board diversity through the consideration of a number of factors when selecting the candidates to our board of directors, including but not limited to gender, skills, age, professional experience, knowledge, cultural, education background, ethnicity and length of service. The ultimate decision of the appointment will be based on merit and the contribution which the selected candidates will bring to our board. Our directors have a balanced mix of knowledge and skills. We have three independent directors with different industry backgrounds, representing a majority of the members of our board. We also achieved gender diversity by having one female directors out of the total of four directors (including independent directors). Our board is well balanced and diversified in alignment with the business development and strategy of the Company. Outstanding Equity Awards at Fiscal Year-End As of March 31, 2024 and 2025, we had no outstanding equity awards. 106 2025 Share Incentive Plan We will adopt the Gifts International Holdings Limited 2025 Share Incentive Plan, or the 2025 Incentive Plan, upon the effectiveness of our registration statement on Form F -1, of which this prospectus is a part, to attract and retain best available personnel, provide additional incentives to employees, directors and consultants, and promote the success of our business. Under the 2025 Incentive Plan, the maximum aggregate number of Class A Ordinary Shares which may be issued pursuant to all awards (including incentive share options) will be [1,732,725] Class A Ordinary Shares (assuming the underwriters do not exercise their over -allotmentoption), representing 15% of the number of fully -dilutedClass A Ordinary Shares outstanding as of the date of our Company’s initial public offering. The following is a summarized description of the 2025 Incentive Plan. Capitalized terms not defined herein shall have the meaning given to them in the 2025 Incentive Plan. Administration The 2025 Incentive Plan will be administered by the administrator, our compensation committee. Subject to any specific designation in the 2025 Incentive Plan and the requirements of applicable laws, the administrator has the exclusive power, authority and