Company: OSRH
Filing Date: 2025-04-22
Form Type: 10-K
Source: 0001213900-25-034116
Chunk: 1721

Company: OSR Holdings, Inc.
Filing Date: 2025-04-22
Form: 10-K
Item: Item 8
Chunk 1721
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 our independent registered public accounting firm.

Our Audit Committee Charter is included as an exhibit to this Annual
Report on Form 10-K. You can also review the Audit Committee Charter by accessing our public filings at the SEC’s website at www.sec.gov.

Compensation Committee 

As of the completion of the Business Combination, the members of the
Company’s compensation committee consist of Dr. Barberis, Dr. Mah and Mr. Kim, with Dr. Mah serving as the chairperson.
Each member of this committee is a non-employee director, as defined by Rule 16b-3 promulgated under the Exchange Act,
and an outside director, as defined pursuant to Section 162(m) of the Code, and meets the requirements for independence under
the current Nasdaq listing standards. The New OSR Holdings compensation committee will be responsible for, among other things:

●reviewing and approving, or recommending that our board of
directors approve, the compensation of our executive officers;

●administering our stock and equity incentive plans;

●reviewing and approving, or making recommendations to our
board of directors with respect to, incentive compensation and equity plans; and;

●reviewing our overall compensation philosophy.

Our Compensation Committee Charter is included as an exhibit to this
Annual Report on Form 10-K. You can also review the Compensation Committee Charter by accessing our public filings at the SEC’s
website at www.sec.gov.

99

Corporate Governance and Nomination Committee 

As of the completion of the Business Combination, the members of Company’s
corporate governance and nomination committee consists of Mr. Lee, Dr. Mah, Dr. Cho, Mr. Park and Mr. Jee with
Mr. Lee serving as the chairperson. Each member of this committee meets the requirements for independence under the current Nasdaq
listing standards. The Company’s corporate governance and nomination committee will be responsible for, among other things:

●determining the qualifications, qualities, skills and other
expertise required to be a director of the Company, and developing and recommending to the Board for approval criteria to be considered
in selecting nominees for director;

●identifying, reviewing and making recommendations of candidates
to serve on the Board, including incumbent directors for reelection;

●evaluating the performance of the Board, committees of the
Board and individual directors and determining whether continued service on the Board is appropriate;

●periodically reviewing and making recommendations to the
Board regarding the Company