Company: LHI
Filing Date: 2025-05-23
Form Type: F-1
Source: 0001213900-25-046955
Chunk: 181

Company: Living Homeopathy International Ltd.
Filing Date: 2025-05-23
Form: F-1
Chunk 181
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ssaint
MBA CPA LLC from 2000 to present. Mr. Toussaint holds a Bachelor of Science degree, and an MBA from Louisiana State University. We believe
that Mr. Toussaint is qualified to serve as our director because of his practice experience in capital markets and executive management.

Mr. Bin Zhouis an independent director nominee and will serve as an independent director of the Company upon the effectiveness of the registration statement of which this prospectus forms a part. Mr. Zhou has been serving as Senior Attorney and Partner at Bernard & Yam, LLP from 2006 to present. Mr. Zhou holds a Bachelor of Law from Nanjing University, China, Master in Social Work from University of Georgia, and a Juris Doctor from Rutgers University. We believe that Mr. Wang is qualified to serve as our director because of his experience in corporate governance and knowledge of securities laws.

Board of Directors

Our board of directors will consist of five directors
upon the effectiveness of the registration statement of which this prospectus forms a part. Our board of directors have determined that
each of our three independent director nominees, Kenrick B Toussaint, Chun Fai Fong and Bin Zhou, satisfies the “independence”
requirements of Rule 5605(a)(2) of the Listing Rules of Nasdaq Stock Market and Rule 10A-3 under the Exchange Act.

Duties of Directors

Under Cayman Islands law, all of our directors owe fiduciary duties to the Company, including a duty of loyalty, a duty to act honestly and a duty to act in what they consider in good faith 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 skill 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 memorandum and articles of association, as amended from time to time. The Company has the right to seek damages if a director breaches any duty which he or she owes to us. In limited exceptional circumstances, a shareholder may have the right to seek damages in our name if a duty owed by our directors is breached.

Terms of Directors and Executive Officers

Our officers are elected by and serve at the
discretion of the board of directors. Directors may be appointed by an ordinary resolution of our shareholder or by a resolution of the
directors of the Company. Any appointment may be to fill a vacancy or