Company: NCEL
Filing Date: 2025-03-03
Form Type: F-4/A
Source: 0001213900-25-018981
Chunk: 744

Company: NewcelX Ltd.
Filing Date: 2025-03-03
Form: F-4/A
Chunk 744
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 minimum of two, the board of directors shall appoint the missing member from among its members for the remaining term of office. D. Employees. As of May 14, 2024, we have four senior management members, of which our Chief Executive Officer, Chief Medical Officer and Chief Financial Officer are full -timeemployees, while the other member of the senior management is a consultant. None of our employees is represented by labor unions or covered by collective bargaining agreements. We believe that we maintain good relations with our employees. All of our employment and consulting agreements will include employees’ and consultants’ undertakings with respect to non -competitionand assignment to us of intellectual property rights developed in the course of employment and confidentiality. E. Share Ownership. Option Plan On December 14, 2021, the board of directors, adopted the Share Option Plan Regulation 2021. The purpose of the Option Plan is to retain, attract and motivate management, employees, directors and consultants by providing them with options to purchase our common shares. The board of directors allocated fifteen percent (15%) of our fully diluted shares to awards that may be made pursuant to the Option Plan. For more information, see “Item 7.A. Major Shareholders” below. F. Action to Recover Erroneously Awarded Compensation. Not applicable. Annex F-90

ITEM 7. MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS A. Major Shareholders The following table sets forth information regarding beneficial ownership of our common shares as of May 14, 2024 by: •each person, or group of affiliated persons, known to us to be the beneficial owner of more than 5% of our voting securities. •each of our directors and senior management; and •all of our directors and senior management as a group. Except as indicated in footnotes to this table, we believe that the shareholder named in this table has sole voting and investment power with respect to all shares shown to be beneficially owned by it, based on information provided to us by such shareholder. The shareholder listed below does not have any different voting rights from any of our other shareholders.

|                                                            |     |       No. of 
       Shares 
 Beneficially 
     Owned(1) |     | Percentage 
   Owned(1) |   |
| Holders of more than 5% of our voting securities:          |     |              |     |            |   |
| Magnetic Rock Investment AG(2)                             |     |    2,845,