Company: NCEL
Filing Date: 2025-07-18
Form Type: F-4/A
Source: 0001213900-25-065783
Chunk: 336

Company: NewcelX Ltd.
Filing Date: 2025-07-18
Form: F-4/A
Chunk 336
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 Effective as of the date of the Merger                                                                                                                                      |
| Adding Items to the Agenda of the General Meeting |     | Under the Israeli Companies Law, one or more shareholders holding at least 1% of the voting rights in the general meeting may request the Board of Directors to include an item on the agenda of the general meeting (provided the issue is suitable for discussion at the meeting), including the nomination of candidates for the Kadimastem Board. Such a request must be submitted within 7 days of the publication of the notice convening the general meeting or, if the notice was published 21 days before the meeting date, within 14 days from the publication of the notice. Each proposal must include the required information as stipulated by the Companies Law and Kadimastem’s Articles of Association. |     | Under Swiss law, shareholders holding at least 0.5% of the voting rights in NLS may request the Board of Directors to include an item on the agenda of the general meeting. |
| Amendment of Charter Documents                    |     | Subject to the provisions of the Israeli Companies Law, Kadimastem’s may amend its Articles of Association by a resolution passed at the general meeting by a simple majority, unless the Articles explicitly require a different majority for amending a specific clause. A resolution passed at the general meeting with the required majority (as stated in this clause or as required for amending a specific clause) that modifies provisions of the Articles or a specific clause will be considered an amendment of the Articles or the relevant clause, even if this is not explicitly stated in the resolution.                                                                                                 |     | Under Swiss law, NLS may amend its constitutional documents by a resolution passed by a simple majority of shareholders. Certain amendments require supermajority.          |
| Number of Directors and Election of Directors     |     | According to Kadimastem’s Articles of Association, the number of directors shall be no fewer than three and no more than six, including external directors, unless otherwise decided by a simple majority at the general meeting. Kadimastem must have at least two external directors, and their eligibility, selection process, terms of service, duration of service, and termination are governed by the provisions of the Israeli Companies Law.                                                                                                                                                                                                                                                                    
 At each annual general meeting, the term of all serving directors expires, and new directors are elected by a simple majority. If no directors are appointed at the annual meeting, the directors elected at the previous annual meeting will continue to serve. Directors whose terms have ended