Company: TLGYF
Filing Date: 2025-09-29
Form Type: S-4
Source: 0001213900-25-092592
Chunk: 454

Company: TLGY ACQUISITION CORP
Filing Date: 2025-09-29
Form: S-4
Chunk 454
---
 as directors and to each committee of the StablecoinX Board; •developing and recommending to the StablecoinX Board corporate governance guidelines, and reviewing and recommending to the StablecoinX Board proposed changes to our corporate governance guidelines from time to time; and •overseeing the annual evaluations of the StablecoinX Board, its committees and management. 225 Our nominating and corporate governance committee is expected to consist of [•], [•], [•] and [•], with [•] serving as chair. Pursuant to Nasdaq listing standards, as a controlled company StablecoinX will not be required to have a nominating and corporate governance committee composed entirely of independent directors. While StablecoinX will remain able to rely upon such exemption from the Nasdaq listing standards, the StablecoinX Board expects to determine that the members of our nominating and corporate governance committee qualify as “independent” under Nasdaq rules applicable to nominating and corporate governance committee members. The nominating and corporate governance committee has not set specific minimum qualifications for director positions. Instead, the nominating and corporate governance committee will review nominations for election or re -electionto the StablecoinX Board on the basis of a particular candidate’s merits and StablecoinX’s needs after taking into account the current composition of the StablecoinX Board. When evaluating candidates annually for nomination for election, the nominating and corporate governance committee will consider an individual’s skills, diversity, independence, experience in areas that address the needs of the StablecoinX Board and ability to devote adequate time to StablecoinX Board duties. The nominating and corporate governance committee does not specifically define diversity, but values diversity of experience, perspective, education, race, gender and national origin as part of its overall annual evaluation of director nominees for election or re -election. Whenever a new seat or a vacated seat on the StablecoinX Board is being filled, candidates that appear to best fit the needs of the StablecoinX Board and StablecoinX will be identified, interviewed and evaluated by the nominating and corporate governance committee. Candidates selected by the nominating and corporate governance committee will then be recommended to the full StablecoinX Board. Investment Committee StablecoinX’s investment committee will be responsible for, among other things, overseeing all of StablecoinX’s capital allocations, including, but not limited to: •purchases of ENA, focusing on timing, size, price and frequency; •equity issuances, repurchases or redemptions (including, but not limited to option or