Company: TLGYF
Filing Date: 2025-09-29
Form Type: S-4
Source: 0001213900-25-092592
Chunk: 453

Company: TLGY ACQUISITION CORP
Filing Date: 2025-09-29
Form: S-4
Chunk 453
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 members of our audit committee will meet the requirements for financial literacy under the applicable Nasdaq rules and regulations. The StablecoinX Board expects to affirmatively determine that each member of the audit committee qualifies as “independent” under Nasdaq’s additional standards applicable to audit committee members and Rule 10A -3of the Exchange Act applicable audit committee members. In addition, the StablecoinX Board expects to determine that [•] qualifies as an “audit committee financial expert”, as such term is defined in Item 407(d)(5) of Regulation S -K. Compensation Committee StablecoinX’s compensation committee will be responsible for, among other things: •reviewing and approving corporate goals and objectives with respect to the compensation of our Chief Executive Officer, evaluating our Chief Executive Officer’s performance in light of these goals and objectives and setting our Chief Executive Officer’s compensation; •reviewing and setting or making recommendations to the StablecoinX Board regarding the compensation of our other executive officers; •reviewing and making recommendations to the StablecoinX Board regarding director compensation; •reviewing and approving or making recommendations to the StablecoinX Board regarding our incentive compensation and equity -basedplans and arrangements; •appointing and overseeing any compensation consultants; •reviewing and discussing annually with management our “Compensation Discussion and Analysis”, to the extent required; and •preparing the annual compensation committee report required by SEC rules, to the extent required. Our compensation committee is expected to consist of [•], [•], [•] and [•], with [•] serving as chair. Pursuant to the Nasdaq listing standards, as a controlled company StablecoinX will not be required to have a compensation committee composed entirely of independent directors. While StablecoinX will remain able to rely upon such exemption from Nasdaq listing standards, the StablecoinX Board expects to determine that each of these directors qualify as “independent” under Nasdaq’s additional standards applicable to compensation committee members, and we expect that the StablecoinX Board or the compensation committee will meet the requirements of Section 16b -3of the Exchange Act with respect to acquisitions from the issuer. Nominating and Corporate Governance Committee StablecoinX’s nominating and corporate governance committee will be responsible for, among other things: •identifying individuals qualified to become members of the StablecoinX Board and ensure the StablecoinX Board has the requisite expertise and consists of persons with sufficiently diverse and independent backgrounds; •recommending to the StablecoinX Board the persons to be nominated for election