Company: COOT
Filing Date: 2025-03-21
Form Type: DEF 14A
Source: 0001641172-25-000118
Chunk: 28

Company: Australian Oilseeds Holdings Ltd
Filing Date: 2025-03-21
Form: DEF 14A
Chunk 28
---
 Board as needed. Our Board has determined that each member of the Compensation Committee
is independent under Nasdaq’s director independence standards and applicable SEC rules. Among other things, our Compensation Committee
is responsible for:

| ● | evaluating                                      
 the performance of our Chief Executive Officer; |

| ● | evaluating                                                                                  
 the performance of our other executive officers (including officers reporting under Section 
 16 of the Exchange Act);                                                                    |

| ● | reviewing                                                                             
 and approving our overall compensation philosophy, programs, policies, and practices; |

| ● | administering            
 our Clawback Policy; and |

| ● | reviewing                                                        
 and developing short- and long-term management succession plans. |

The Compensation Committee may form and delegate
responsibility to subcommittees as it deems necessary or appropriate, provided that any subcommittee must meet all applicable independence
requirements.

Nominating and Corporate Governance Committee

The Nominating and Corporate Governance Committee
assists the Board in (i) identifying qualified individuals to become directors, (ii) determining the composition of the Board and its
committees, (iii) developing succession plans for executive officers, (iv) monitoring a process to assess Board effectiveness, and (v)
developing and implementing the Company’s corporate governance procedures and policies. Our Board has determined that each member
of the Nominating and Corporate Governance Committee is independent under Nasdaq’s director independence standards and applicable
SEC rules.

The Nominating and Corporate Governance Committee
considers candidates recommended by shareholders as well as from other sources such as other directors or officers, third party search
firms or other appropriate sources. Once identified, the Nominating and Corporate Governance Committee will evaluate a candidate’s
qualifications in accordance with its written charter and, if the Nominating and Corporate Governance Committee believes a candidate
would be a valuable addition to the Board, it recommends his or her candidacy to the full Board. The Nominating and Corporate Governance
Committee does not alter its criteria for evaluating candidates, including the criteria described above, for shareholder recommended
candidates. Threshold criteria include personal integrity and sound judgment, business and professional skills and experience, independence,
knowledge of our industry, conflicts of interest, the extent to which the candidate would fill a present need on our board of directors,
and concern for the long-term interests of our shareholders.

Our Nominating and Corporate Governance Committee
has not adopted a formal diversity policy in connection with the consideration of director nominations or the selection of nominees.
However, the Nominating and Corporate