Company: LCTX
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0000950170-25-060090
Chunk: 43

Company: Lineage Cell Therapeutics, Inc.
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 43
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 Board proposes and recommends that the shareholders ratify the selection of Moss Adams to serve as our independent registered public accounting firm for the fiscal year ending December 31, 2025. Moss Adams was appointed to serve as our independent registered public accounting firm for the fiscal year ended December 31, 2024 on June 11, 2024. Our Board and its Audit Committee believe that the continued retention of Moss Adams as our independent registered public accounting firm is in the best interests of Lineage and our shareholders. Shareholder ratification of the selection of Moss Adams as our independent registered public accounting firm is not required by California law, our articles of incorporation, or our bylaws. However, we believe that shareholder ratification of the Audit Committee’s selection of Moss Adams is good corporate governance practice. If our shareholders do not ratify the selection, our Audit Committee will reconsider whether to retain the firm for the audit engagement for the 2025 fiscal year. Even if the selection is ratified, our Audit Committee in its discretion may nevertheless direct the appointment of a different independent registered public accounting firm at any time if our Audit Committee determines that such a change would be in the best interests of Lineage and its shareholders. We expect that a representative of Moss Adams will be present at the Meeting, in person or by phone, and will have an opportunity to make a statement if he or she so desires and may respond to appropriate questions from shareholders. Audit Fees, Audit Related Fees, Tax Fees and Other Fees The following table shows the audit fees billed by Moss Adams for the audit of our annual consolidated financial statements for our last fiscal year. Other than audit fees, no other fees were billed or are expected to be billed by Moss Adams for our last fiscal year. As discussed below, there was a change in our independent registered public accounting firm during 2024, and in accordance with SEC staff guidance, the auditor fee disclosure included in this Proxy Statement is only made with respect to Moss Adams, the accountant who rendered an audit opinion on our financial statements for the year ended December 31, 2024.

|            |     | 2024 |         |
|:-----------|:----|:-----|--------:|
| Audit Fees |     | $    | 472,994 |
| Total Fees |     | $    | 472,994 |

Pre-Approval of Audit and Permissible Non-Audit Services Our Audit Committee requires pre-approval of all audit and non-audit services. Other than de minimis services incidental to audit services, non