Company: FSHPU
Filing Date: 2025-11-12
Form Type: DEF 14A
Source: 0001829126-25-009060
Chunk: 13

Company: Flag Ship Acquisition Corp
Filing Date: 2025-11-12
Form: DEF 14A
Chunk 13
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 Act, and (iii) all fees and the terms of engagement with respect to
such services, except that the Audit Committee may delegate the authority to pre-approve
non-audit services to one or more of its committee members who will present his decisions
to the full Audit Committee at the first meeting following such decision. All audit
and non-audit services performed by MaloneBailey, LLP during fiscal years 2023 and 2024 were pre-approved pursuant to the procedures outlined above. Prior to the establishment
of the Audit Committee, all services of the independent auditors were approved by
the full board of directors.

<div align='center'>7</div>

Vote Required

The affirmative vote of a majority of the votes cast on the matter is required to
ratify the appointment of MaloneBailey, LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2025. Abstentions will not affect the outcome of the vote on the proposal.

Recommendation of the Board

<div align='center'>THE BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS THAT YOU VOTE “FOR” THE
RATIFICATION OF THE APPOINTMENT OF MALONEBAILEY, LLP AS OUR INDEPENDENT
REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2025.

8

THE ADJOURNMENT PROPOSAL</div>

The adjournment proposal, if adopted, will request the chairman of the Annual Meeting
(who has agreed to act accordingly) to adjourn the Annual Meeting to a later date
or dates to permit further solicitation of proxies. The adjournment proposal will
only be presented to our shareholders in the event, based on the tabulated votes, there are not sufficient votes at the
time of the Annual Meeting to approve the other proposals in this proxy statement.
If the adjournment proposal is not approved by our shareholders, the chairman of the meeting shall not adjourn the Meeting to a later date in the
event, based on the tabulated votes, there are not sufficient votes at the time of
the Meeting to approve any of the other proposals.

Required Vote

If a majority of the shares present in person or by proxy and voting on the matter
at the Annual Meeting vote for the adjournment proposal, the chairman of the Annual
Meeting will exercise his or her power to adjourn the meeting as set out above.

Recommendation

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