Company: BLLN
Filing Date: 2025-10-07
Form Type: S-1
Source: 0001193125-25-233697
Chunk: 267

Company: BillionToOne, Inc.
Filing Date: 2025-10-07
Form: S-1
Chunk 267
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 the effectiveness of the registration statement of which this prospectus forms a part, provide that, if the chairperson of our Board of Directors is not an independent director, the Board
will appoint an independent director as a lead independent director. Firat Ileri currently serves as our lead independent director. The lead independent director’s responsibilities include: facilitating communication between management, the
independent directors, and the Chairman of the Board; actively participating in setting agendas for Board meetings; presiding at executive sessions of the Board; and performing such other duties as specified by the Board. Our corporate governance
guidelines further provide that the Board periodically reviews its leadership structure and may separate or combine the roles of the Chairman of the Board and Chief Executive Officer when and if it deems it advisable and in the best interests of the
Company and its stockholders to do so.

Role of the board in risk oversight

One of the key functions of our Board of Directors is informed oversight of our risk management process. In particular, our Board of Directors is responsible for
monitoring and assessing strategic risk exposure. Our executive officers are responsible for the day-to-day management of the material risks we face. Our Board
of Directors administers its oversight function directly as a whole. Our Board of Directors will also administer its oversight through various standing committees that address risks inherent in their respective areas of oversight. For example, our
audit committee, which will be constituted prior to the completion of this offering, will be responsible for overseeing the management of risks associated with our financial reporting, accounting and auditing matters; our compensation committee
oversees the management of risks associated with our compensation policies and programs; and our full Board will oversee the management of risks associated with director independence, conflicts of interest, composition and organization of our Board
of Directors and director succession planning.

Board committees

Our
Board of Directors has established a compensation committee, and intends to establish an audit committee in connection with this offering, each of which is expected to have the composition and responsibilities described below upon the effectiveness
of the registration statement of which this prospectus forms a part. As permitted by the listing standards of Nasdaq, the independent directors on our Board will fulfill the responsibilities of a nominating and corporate governance committee. From
time to time, our Board may establish other committees to facilitate the management of our business.

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Audit committee Upon the effectiveness of the registration statement of which this prospectus forms a part, our audit committee will consist of Akshay Rai and Thomas Bremner, with Mr.