Company: CCCP
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001477932-25-001313
Chunk: 247

Company: Crona Corp.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 9
Chunk 247
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 have an audit committee financial expert. We do not have an audit committee financial expert because we believe the cost related to retaining a financial expert at this time is prohibitive.

SIGNIFICANT EMPLOYEES

We have no employees other than our President who currently devotes approximately twenty hours per week to company matters. We intend to hire employees on an as needed basis.

Item 11. Executive Compensation

The following tables set forth certain information about compensation paid, earned or accrued for services by our President, and Secretary and all other executive officers (collectively, the “Named Executive Officers”) for the years ended December 31, 2024 and 2023.

SUMMARY COMPENSATION TABLE

Name and Principal PositionYearSalary (US$)Bonus (US$)Stock Awards (US$)Option Awards (US$)Non-Equity Incentive Plan Compensation (US$)Nonqualified Deferred Compensation Earnings (US$)All Other Compensation (US$)Total (US$)Demetrios Malamas(Director)2024--------2023--------Lucille Zdunich(Director)2024--------2023--------Robert Brown(Director)2024--------2023--------Chris Brown(Director)2024--------2023-------- 

There are no current employment agreements between the company and its sole officer. The compensation discussed herein addresses all compensation awarded to, earned by, or paid to our named executive officer. There are no other stock option plans, retirement, pension, or profit-sharing plans for the benefit of our officers and directors other than as described herein.

CHANGE OF CONTROL

As of December 31, 2024, we had no pension plans or compensatory plans or other arrangements that provide compensation in the event of a termination of employment or a change in our control.

 11Table of Contents

Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

The following table provides certain information regarding the ownership of our common stock, as of December 31, 2024and as of the date of the filing of this annual report by:

 •each of our executive officers; •each director; •each person known to us to own more than 5% of our outstanding common stock; and •all of our executive officers and directors and as a group.

Title of ClassName and Address ofBeneficial OwnerAmount and Nature of Beneficial OwnershipPercentageCommon StockLUCILLE ZDUNICH