Company: OMQS
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001813
Chunk: 173

Company: OMNIQ Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 3
Chunk 173
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    performance, qualifications, and independence of the Company’s internal audit function, and

    ●
    compliance
    with the Company’s ethics policies and applicable legal and regulatory requirements.

Our
Audit Committee charter is available on the “About Us” subpage of our website (www.omniq.com).

Compensation
Committee

The
Compensation Committee consists of Mr. Guy Elhanani,. Mr. Elhanani serves as Chairperson.

The
Compensation Committee’s responsibilities include, among others:

    ●
    approve
    annually the corporate goals and objectives applicable to the compensation of the CEO and/or President, evaluate at least annually
    the CEO’s and/or President’s performance in light of those goals and objectives, and determine and approve the CEO’s
    and/or President’s compensation level based on this evaluation;

    ●
    review
    matters relating to executive succession and management development;

    ●
    formulate,
    evaluate, and approve compensation for the Company’s officers;

    ●
    formulate,
    evaluate, and approve cash incentives and deferred compensation plans for executives;

    ●
    formulate,
    administer, and—when appropriate—recommend to the Board for approval, incentive compensation plans and equity-based plans;
    and

    ●
    approve
    employment contracts, severance agreements, change in control provisions, and other compensatory arrangements with Company executives.

The
Compensation Committee has the authority, in its sole discretion, to select, retain, and obtain the advice of a compensation consultant
as necessary to assist with the execution of its duties and responsibilities.

Our
Compensation Committee charter is available on the “About Us” subpage of our website (www.omniq.com).

23

Corporate
Governance/Nominating Committee

The
Corporate Governance/Nominating Committee consists of Mr. Guy Elhanani . Mr. Elhanani serves as Chairperson.

The
Corporate Governance/Nominating Committee’s responsibilities include, among others:

    ●
    develop
    and oversee the Company’s corporate governance practices and procedures. Which includes identifying best practices, reviewing,
    and recommending to the Board for approval any changes to the documents, policies, and procedures in the Company’s corporate
    governance framework;

    ●
    establish
    procedures for the director nomination and to determine the qualifications, qualities, skills, and other expertise required to be
    a director and to develop, and recommend to the Board for its approval, criteria to be considered in selecting nominees for director