Company: SLMT
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-044434
Chunk: 152

Company: Brera Holdings PLC
Filing Date: 2025-05-15
Form: 20-F
Item: Item 16G
Chunk 152
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 compensation committee that is comprised solely of independent directors, and (iv) the requirement that director nominees be selected or recommended to the board of directors by a majority of independent directors or a nominating and corporate governance committee comprised solely of independent directors.

We currently rely on the “controlled company” exemption from the requirement that a majority of the board of directors consist of independent directors and may elect to rely on other exemptions in the future. For so long as we qualify as a “controlled company,” we may take advantage of these exemptions. Accordingly, investors will not have the same protections afforded to shareholders of companies that are subject to all of these corporate governance requirements. In the event that we cease to be a “controlled company” and our Class B Ordinary Shares continue to be listed on Nasdaq, we will be required to comply with the corporate governance standards within the applicable transition periods.