Company: RGNT
Filing Date: 2025-01-27
Form Type: DRS/A
Source: 0001213900-25-006676
Chunk: 161

Company: REGENTIS BIOMATERIALS LTD.
Filing Date: 2025-01-27
Form: DRS/A
Chunk 161
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 maintained on a regular basis;                                                                                                                                                                                                                         |
| ● | control; and                                                                                                                                                                                                                                                                                   |
| ● | service as an office holder, excluding service as a director in a private company prior to the first offering of its shares to the public if such director was appointed as a director of the private company in order to serve as an external director following the initial public offering. |

The term “relative”
is defined as a spouse, sibling, parent, grandparent, descendant, spouse’s descendant, sibling and parent and the spouse of each
of the foregoing.

The term “office holder”
is defined as a general manager, chief business manager, deputy general manager, vice general manager, director or manager directly subordinate
to the general manager or any other person assuming the responsibilities of any of the foregoing positions, without regard to such person’s
title.

A
person may not serve as an external director if that person or that person’s relative, partner, employer, a person to whom such
person is subordinate (directly or indirectly) or any entity under the person’s control has a business or professional relationship
with any entity that has an affiliation with any affiliated entity, even if such relationship is intermittent (excluding insignificant
relationships). Additionally, any person who has received compensation intermittently (excluding insignificant relationships) other than
compensation permitted under the Companies Law may not continue to serve as an external director.

No person can serve as
an external director if the person’s position or other affairs create, or may create, a conflict of interest with the
person’s responsibilities as a director or may otherwise interfere with the person’s ability to serve as a director or
if such a person is an employee of the Israeli Securities Authority or of an Israeli stock exchange. If at the time an external
director is appointed all current members of the board of directors, who are not controlling shareholders or relatives of
controlling shareholders, are of the same gender, then the external director to be appointed must be of the other gender. In
addition, a person who is a director of a company may not be elected as an external director of another company if at the same time
a director from another company is serving as an external director in the company.

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According to regulations promulgated
under the Companies law, at least one of the external directors is required to have “financial and accounting expertise,”
unless another member of the audit committee, who is an independent director under the Nasdaq Stock Market rules,