Company: MVNC
Filing Date: 2025-01-10
Form Type: PRE 14C
Source: 0001683168-25-000215
Chunk: 9

Company: Marvion Inc.
Filing Date: 2025-01-10
Form: PRE 14C
Chunk 9
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 at least as favorable as we would have secured in arm’s-length transactions with third parties. Except as set forth
above, we have not entered into any material transactions with any director, executive officer, and promoter, beneficial owner of five
percent or more of our common stock, or family members of such persons.

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<div align='center'>CORPORATE GOVERNANCE</div>

Director Independence

Our board of directors currently
consists of CHAN Sze Yu, our Chief Executive Officer, Chief Financial Officer and Secretary, who does not qualify as an independent director
under the published listing requirements of the NASDAQ Stock Market. As of the date hereof, we have not adopted a standard of independence
nor do we have a policy with respect to independence requirements for our board members or that a majority of our board be comprised of
“independent directors.”

Board Meetings

During fiscal year 2023, our
Board held acted by written consent [1] times. No director attended less than 75 percent of our Board or committee meetings of which
they were members. The work of the Company’s directors is performed not only at meetings of the Board, but also by consideration
of the Company’s significant business decisions through the review of documents and in numerous communications among Board members
and others.

Director Attendance at Annual Meeting

We have not yet developed a policy
regarding director attendance at annual meetings of the stockholders. We expect all current directors to attend our future annual stockholders
meeting.

Committees of Our Board

We have not yet established Compensation,
Audit, and Nominations and Corporate Governance committees nor do we have an Audit Committee financial expert as defined in Item 407(d)(5)
of Regulation S-K promulgated under the Securities Act. Currently, the functions of these committees are performed by our entire Board
of Directors. We hope to establish these committees and appoint an Audit Committee financial expert as our business develops.

Consideration of Director Nominees

Our policy is to consider properly
submitted shareholder nominations for candidates for membership on the Board as described below under “Identifying and Evaluating
Nominees for Directors” and “Stockholder Proposals.” In evaluating nominations, the Board seeks to achieve a balance
of knowledge, experience and capability on our Board and to address the membership criteria set forth below under “Board Diversity
and Director Qualifications.”

Board Diversity and Director Qualifications

Although there is no specific
board diversity policy in place presently, our Board does consider such factors