SEC Filing Document

Company: BIOVENTRIX, INC.
Ticker: 
CIK: 1283259
Filing Type: S-1
Document Type: EX-99.1
Date Filed: 2026-02-12
Accession Number: 0001493152-26-006407
Exchange: 
SIC Code: 3841
SIC Description: Surgical & Medical Instruments & Apparatus
URL: https://www.sec.gov/Archives/edgar/data/1283259/000149315226006407/ex99-1.htm

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Analysis of Financial Condition and Results of Operations” to be included in the Corporation’s Annual Report on Form 10-K before such Form 10-K is filed, and recommend to the Board whether the audited financial statements should be included in the Corporation’s Form 10-K and whether the Form 10-K should be filed with the SEC. produce the audit committee report required to be included in the Corporation’s annual or other proxy statements. review and discuss with the Corporation’s independent auditors and management the Corporation’s quarterly financial statements and the disclosure under “Management’s Discussion and Analysis of Financial Condition and Results of Operations” to be included in the Corporation’s Quarterly Report on Form 10-Q before such Form 10-Q is filed; and to review and discuss the Form 10-Q for filing with the SEC. recommend to the Board policies for the Corporation’s hiring of employees or former employees of the Corporation’s independent auditors.

establish and oversee Corporation procedures for the receipt, retention and treatment of complaints received about the Corporation regarding
accounting, internal accounting controls or auditing matters, or instances of fraud or unlawful conduct, and for the confidential, anonymous
submission by Corporation employees of concerns regarding such matters.

review and discuss with management the material risks faced by the Corporation and the policies, guidelines and processes by which management
assesses and manages the Corporation’s risks, including the Corporation’s major financial risk exposures and the steps management
has taken to monitor and control such exposures.

oversee the Corporation’s compliance with applicable laws and regulations and to review and oversee the Corporation’s policies,
procedures and programs designed to promote and monitor such legal and regulatory compliance.

review with the Corporation’s legal counsel, legal and regulatory matters, including legal cases against or regulatory investigations
of the Corporation that could have a significant impact on the Corporation’s financial statements.

review, approve and oversee any transaction between the Corporation and any related person (as defined in Item 404 of Regulation S-K
promulgated by the SEC) and any other potential conflict of interest situations on an ongoing basis, in accordance with Corporation policies
and procedures, and to develop policies and procedures for the Committee’s approval of related party transactions.

implement and oversee the Corporation’s cybersecurity and information security policies, including the periodic review of the policies
and managing potential cybersecurity incidents.

IV. Outside
Advisors.

The
Committee shall have the authority, in its sole discretion, to retain and obtain the advice and assistance of independent outside counsel
and such other advisors as it deems necessary to fulfill its duties and responsibilities under this Charter. The Committee shall set
the compensation, and oversee the work, of any outside counsel and other advisors.

The
Committee shall receive appropriate funding from the Corporation, as determined by the Committee in its capacity as a committee of the
Board, for the payment of compensation to the Corporation’s independent auditors, any other accounting firm engaged to perform
services for the Corporation, any outside counsel and any other advisors to the Committee.

V. Meeting,
Structure and Operations.

majority of the members of the entire Committee shall constitute a quorum. The Committee shall act on the affirmative vote of a majority
of members present at the meeting at which a quorum is present. The Committee may request any officer or employee of the Company or the
Company’s outside counsel or independent auditor to attend a meeting of the Committee or to meet with any members of, or consultants
to, the Committee.

The
Board shall designate a member of the Committee as the chairperson. The Committee shall meet at least four (4) times a year at such times
and places as it deems necessary to fulfill its responsibilities. The Committee shall report to the Board on its discussions and actions,
including any significant issues or concerns that arise at its meetings, and shall make recommendations to the Board as appropriate.
The Committee is governed by the same rules regarding meetings (including meetings in person or by telephone or other similar communications
equipment), action without meetings, notice, waiver of notice, and quorum and voting requirements as are applicable to the Board as provided
for in the Corporation’s bylaws, as amended and/or restated from time to time.

The
Committee shall meet separately, and periodically, with management and representatives of the Corporation’s independent auditors,
and shall invite such individuals to its meetings as it deems appropriate, to assist in carrying out its duties and responsibilities.
However, the Committee shall meet regularly without such individuals present.

The
Committee shall review this Charter at least annually and recommend any proposed changes to the Board for approval.

VI. Delegation
of Authority.

The
Committee shall have the authority to delegate any of its responsibilities, along with the authority to take action in relation to such
responsibilities, to one or more subcommittees as the Committee may deem appropriate in its sole discretion.

VII. Performance
Evaluation.

The
Committee shall conduct or otherwise participate in/respond to an annual evaluation of the performance of its duties under this Charter
and shall present, or otherwise participate in, the results of the evaluation to the Board. The Committee shall conduct this evaluation
in such manner as it deems appropriate.

VIII. Clawback
Requirements.

the extent that the Corporation continues to be listed on an exchange on which securities are traded and subject to Rule 10D-1 of the
Exchange Act, the Committee shall assist and advise the Board and the Compensation Committee thereof in enforcing the Corporation’s
executive compensation clawback policy and related laws, rules and regulations.

IX. Disclosure
of Charter.

This
Charter and any amendments or restatements of this Charter will be made available on the Corporation’s website.