Company: GDSTR
Filing Date: 2025-06-16
Form Type: 10-K
Source: 0001213900-25-054825
Chunk: 1308

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-06-16
Form: 10-K
Item: Item 9B
Chunk 1308
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●reviewing
                                            and discussing with management and the independent auditor the annual audited financial statements,
                                            and recommending to the board whether the audited financial statements should be included
                                            in our Form 10-K;

●discussing
                                            with management and the independent auditor significant financial reporting issues and judgments
                                            made in connection with the preparation of our financial statements;

●discussing
                                            with management major risk assessment and risk management policies;

●monitoring
                                            the independence of the independent auditor;

●verifying
                                            the rotation of the lead (or coordinating) audit partner having primary responsibility for
                                            the audit and the audit partner responsible for reviewing the audit as required by law;

●reviewing
                                            and approving all related-party transactions;

●inquiring
                                            and discussing with management our compliance with applicable laws and regulations;

●pre-approving
                                            all audit services and permitted non-audit services to be performed by our independent auditor,
                                            including the fees and terms of the services to be performed;

●appointing
                                            or replacing the independent auditor;

●determining
                                            the compensation and oversight of the work of the independent auditor (including resolution
                                            of disagreements between management and the independent auditor regarding financial reporting)
                                            for the purpose of preparing or issuing an audit report or related work;

●establishing
                                            procedures for the receipt, retention and treatment of complaints received by us regarding
                                            accounting, internal accounting controls or reports which raise material issues regarding
                                            our financial statements or accounting policies; and

●approving
                                            reimbursement of expenses incurred by our management team in identifying potential target
                                            businesses.

Financial
Experts on Audit Committee

The
audit committee will at all times be composed exclusively of “independent directors” who are “financially literate”
as defined under Nasdaq listing standards. Nasdaq listing standards define “financially literate” as being able to read and
understand fundamental financial statements, including a company’s balance sheet, income statement and cash flow statement.

In
addition, we must certify to Nasdaq that the committee has, and will continue to have, at least one member who has past employment experience
in finance or accounting, requisite professional certification in accounting, or other comparable experience or background that results
in the individual’s financial sophistication. The board of directors has determined that Pin Tai qualified as an “audit committee
financial expert,” as defined under rules and regulations of the SEC.

Nominating
Committee

We
have established a nominating