Company: MMI
Filing Date: 2025-03-19
Form Type: DEF 14A
Source: 0001193125-25-057887
Chunk: 20

Company: Marcus & Millichap, Inc.
Filing Date: 2025-03-19
Form: DEF 14A
Chunk 20
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en   Don C. Watters   Independence   The Board has affirmatively determined that each member of the Audit Committee meets the definition of “independent director” for purposes of the NYSE rules and the independence requirements of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).   The Board has also determined that each of Norma J. Lawrence and Lauralee E. Martin qualifies as an “audit committee financial expert” under the applicable SEC rules and regulations and that they are “financially literate” as that term is defined by the NYSE corporate governance requirements.   Meetings   The Audit Committee held four meetings in 2024.   Attendance |     | Responsibilities   Among other responsibilities, the Audit Committee is charged by the Board with the authority and responsibility to:   ◾   review and approve the selection of our independent registered public accounting firm, and approving the audit and non-audit services to be performed by our independent registered public accounting firm;   ◾   monitor the integrity of our financial statements and our compliance with legal and regulatory requirements as they relate to financial statements or accounting matters;   ◾   review the adequacy and effectiveness of our internal control policies and procedures;   ◾   oversee our internal audit function;   ◾   discuss the scope and results of the annual audit with the independent registered public accounting firm, and review with management and the independent registered public accounting firm, our interim and year-end operating results;   ◾   review, with management, cybersecurity and other risks relevant to the Company’s computerized information system controls and security, and determine if any such risks and incidents should be disclosed in the Company’s periodic filings with the SEC;   ◾   review and evaluate our policies and practices and monitor our efforts in the area of ethics;   ◾   oversee the principal risk exposures related to the financial statements and the Company’s mitigation efforts in respect of such risks, including, but not limited to financial reporting risks and credit and liquidity risks and review and discuss regular reports from management on such matters; and   ◾   preparing the Audit Committee Report that the SEC requires in our annual proxy statement. |

| 2024 Average Audit Committee Meeting Attendance |
| 100%                                            |

Marcus & Millichap, Inc. |