Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 725

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 5
Chunk 725
---
 the company). Our board of directors
has determined that Diarmuid Cummins, Amy Gershkoff Bolles, Jason Park, Anna Marie Wagner and Simon Watson are “independent directors”
as defined in the Nasdaq listing standards and applicable SEC rules. Our independent directors will have regularly scheduled meetings
at which only independent directors are present.

Committees of the Board of Directors

Our board of directors has two standing committees:
an audit committee and a compensation committee. Subject to phase-in rules, the rules of Nasdaq and Rule 10A-3 of the Exchange Act require
that the audit committee of a listed company be comprised solely of independent directors. Each committee operates under a charter that
has been approved by our board and has the composition and responsibilities described below.

Audit Committee

We established an audit committee of the board
of directors. Jason Park, Simon Watson and Amy Gershkoff Bolles serve as the members of our audit committee.

65

Jason Park serves as the chairman of the audit
committee. Each member of the audit committee is financially literate and our board of directors has determined that Jason Park qualifies
as an “audit committee financial expert” as defined in applicable SEC rules.

We adopted an audit committee charter, which will
detail the principal functions of the audit committee, including:

●assisting board oversight of (1) the integrity of our financial statements, (2) our compliance with legal
and regulatory requirements, (3) our independent registered public accounting firm’s qualifications and independence, and (4) the
performance of our internal audit function and independent registered public accounting firm; the appointment, compensation, retention,
replacement, and oversight of the work of the independent registered public accounting firm and any other independent registered public
accounting firm engaged by us;

●pre-approving all audit and non-audit services to be provided by the independent registered public accounting
firm or any other registered public accounting firm engaged by us, and establishing pre-approval policies and procedures; reviewing and
discussing with the independent auditors all relationships the auditors have with us in order to evaluate their continued independence;

●setting clear policies for audit partner rotation in compliance with applicable laws and regulations;
obtaining and reviewing a report, at least annually, from the independent registered public accounting firm describing (1) the independent
registered public accounting firm’s internal quality-control procedures and (2) any material issues raised by the most recent internal
quality-control review, or peer review, of the audit firm, or by