Company: NCEL
Filing Date: 2025-09-25
Form Type: F-1
Source: 0001213900-25-091697
Chunk: 40

Company: NewcelX Ltd.
Filing Date: 2025-09-25
Form: F-1
Chunk 40
---
 category of shares is entitled to be represented
on the board of directors by at least one member.

No Additional Capital Contributions

Under Swiss law, shareholders
are not obliged to make any capital contribution in excess of the subscription amount, which can be under no circumstance less than the
nominal value per share.

General Meeting of Shareholders: Meetings and Powers

The general meeting of shareholders
is our supreme corporate body. Under Swiss law, an annual, ordinary general meeting of shareholders must be called on an annual basis
and we may hold extraordinary general meetings of shareholders in addition to any annual general meeting. Under Swiss law, an ordinary
general meeting of shareholders must be held annually within six months after the end of a corporation’s financial year. In our
case, this means on or before the 30 day of June.

The following (non-exhaustive)
powers are vested exclusively in the general meeting of shareholders:

| ● | adopting and amending our articles of association; |

| ● | electing the members of the board of directors,                                                                                                
 the chairman of the board of directors, the members of the compensation, nomination and governance committee, the auditors and the independent 
 proxy holder (a person annually elected by the general meeting of shareholders and who may represent our shareholders at a general meeting     
 of shareholders as a proxy solicitor);                                                                                                         |

| ● | approving the annual report, the annual statutory                                                                                        
 financial statements and the consolidated financial statements, and deciding on the allocation of profits as shown on the balance sheet, 
 in particular with regard to dividends and bonus payments to members of the board of directors;                                          |

| ● | approving the compensation of members of the                                                                             
 board of directors and executive management, which under Swiss law is not necessarily limited to the executive officers; |

| ● | discharging the members of the board of directors                                                    
 and executive management from liability with respect to their tenure in the previous financial year; |

| ● | dissolving the Company with or without liquidation; 
 and                                                 |

| ● | deciding matters reserved to the general meeting                                                             
 of shareholders by law or our articles of association or that are presented to it by the board of directors. |

An extraordinary general
meeting of shareholders may be called by a resolution of the board of directors or, under certain circumstances, by our auditor, liquidator
or bondholder (or the representatives of convertible bondholders), if any. In addition, in accordance with the CO, the board of directors
is required to convene an extraordinary general