Company: ARBB
Filing Date: 2025-10-31
Form Type: 20-F
Source: 0001213900-25-104705
Chunk: 83

Company: ARB IOT Group Ltd
Filing Date: 2025-10-31
Form: 20-F
Item: Item 6
Chunk 83
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 of the directors satisfies the “independence” requirements of Rule 10A-3 under the Exchange
Act and Rule 5605©(2) of the Nasdaq Marketplace Rules. We have determined that (Kevin) Khor Chin Meng qualifies as an “audit
committee financial expert.” The audit committee oversees our accounting and financial reporting processes and the audits of the
consolidated financial statements of our Company. The audit committee is responsible for, among other things:

  appointing the independent auditors and pre-approving all auditing and non-auditing services permitted to be performed by the independent auditors;                                 
  reviewing with the independent auditors any audit problems or difficulties and management’s response;                                                                               
  discussing the annual audited financial statements with management and the independent auditors;                                                                                    
  reviewing the adequacy and effectiveness of our accounting and internal control policies and procedures and any steps taken to monitor and control major financial risk exposures;  
  reviewing and approving all proposed related party transactions;                                                                                                                    
  meeting separately and periodically with management and the independent auditors; and                                                                                               
  monitoring compliance with our code of business conduct and ethics, including reviewing the adequacy and effectiveness of our procedures to ensure proper compliance.               

Compensation Committee

Our compensation committee consists of three independent
directors, namely (Kevin) Khor Chin Meng, (Julia) Yuen Ya Ting and Noor Amalina Binti Ali, and is chaired by Noor Amalina Binti Ali. Our
board of directors has determined that each of the directors satisfies the “independence” requirements of Rule 10C-1
under the Exchange Act and Rule 5605(d)(2) of the Nasdaq Marketplace Rules. The compensation committee assists the board in reviewing
and approving the compensation structure, including all forms of compensation, relating to our directors and executive officers. Our chief
executive officer may not be present at any committee meeting during which his compensation is deliberated. The compensation committee
is responsible for, among other things:

  reviewing and approving, or recommending to the board for its approval, the compensation for our chief executive officer and other executive officers;  

  reviewing and recommending to the board for determination with respect to the compensation of our non-employee directors;                                                   
  reviewing periodically and approving any incentive compensation or equity plans, programs or similar arrangements; and                                                      
  selecting compensation consultant, legal counsel or other adviser only after taking into consideration all factors relevant to that person’s independence