{"url_path":"/sec/bliv/10-k/2026/item-16g","section_key":"item-16g","section_title":"Item 16G CORPORATE GOVERNANCE**","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/1982448/0001493152-26-023306-index.html","accession_number":"0001493152-26-023306","cik":"0001982448","ticker":"BLIV","issuer_name":"BeLive Holdings","edgar_url":"https://www.sec.gov/Archives/edgar/data/1982448/0001493152-26-023306-index.html","primary_entity_key":"0001982448","primary_entity_name":"BeLive Holdings"},"word_count":417,"has_tables":true,"body_markdown":"**ITEM\n16G. CORPORATE GOVERNANCE**\n\n \n\nAs\na Cayman Islands company listed on the Nasdaq Capital Market, we are subject to Nasdaq Stock Market corporate governance listing standards.\nHowever, the Nasdaq rules provide that foreign private issuers may follow home country practice in lieu of the corporate governance requirements\nof the Nasdaq Stock Market, subject to certain exceptions and requirements and except to the extent that such exemptions would be contrary\nto US federal securities laws and regulations. The significant differences between Cayman Islands companies’ corporate governance\npractices and those followed by United States companies under the Nasdaq Rules are summarized as follows:\n\n \n\n \n●\nRule\n5605(b)(1), which requires that the board of directors consist of a majority of independent directors compared to Cayman Islands\ncorporate law, which permits a board of directors to consist of less than a majority of independent directors. We comply with Rule\n5605(b)(1) as our board of directors includes three independent directors.\n\n \n \n \n\n \n●\nRule\n5605(e), which requires that director nominees be selected, or recommended for the board’s selection, by a majority of the\nindependent directors or by a nominations committee comprised solely of independent directors compared to Cayman Islands corporate\nlaw, which contains no requirements for the selection of director nominees. We comply with Rule 5605(e) in that we have a nominations\ncommittee comprised solely of independent directors that is responsible for making recommendations to the board regarding the selection\nand approval of director nominees.\n\n \n \n \n\n \n●\nRule\n5605(c)(2)(A), which requires each company to have an audit committee of at least three members, each of whom is an independent director,\ncompared to Cayman Islands corporate law which does not require an audit committee. We comply with Rule 5605(c)(2)(A) in that our\naudit committee is comprised of three members, each of whom is an independent director.\n\n \n \n \n\n \n●\nRule\n5605(b)(2), which requires that regular sessions be held where only independent directors are present compared to Cayman Islands\ncorporate law that does not require us to hold regular executive sessions. We follow our home country law.\n\n \n \n \n\n \n●\nRule\n5635(c), which requires us to obtain shareholder approval prior to the issuance of securities when a stock option or purchase plan\nis established or materially amended compared to Cayman Islands corporate law that does not require shareholder approval for the\nissuance of securities upon establishment or material amendment of such plans. We follow our home country law.\n\n \n\nOther\nthan as indicated above, we have followed and intend to continue to follow the applicable corporate governance standards under the Nasdaq\nMarketplace Rules."}