Company: SLND-WT
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001558370-25-005565
Chunk: 12

Company: Southland Holdings, Inc.
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 12
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 ● | reviewing with management the Company’s compensation disclosures in the Company’s periodic reports or proxy statements filed with the SEC, to the extent such caption is included in any such report or proxy statement; |

| ● | preparing an annual report on executive compensation that the SEC requires in the Company’s annual proxy statement; and |

| ● | reviewing and evaluating on an annual basis the performance of the Compensation Committee and recommending such changes as deemed necessary with the Board. |

The Compensation Committee may also, in its sole discretion, retain or obtain the advice of a compensation consultant, legal counsel or other adviser and will be directly responsible for the appointment, compensation and oversight of the work of any such

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adviser. However, before engaging or receiving advice from a compensation consultant, external legal counsel or any other adviser, the Compensation Committee will consider the independence of each such adviser, including the factors required by NYSE and the SEC. The composition and function of the Compensation Committee complies with all applicable requirements of the Sarbanes-Oxley Act and all applicable SEC and NYSE rules and regulations. Nominating and Governance Committee Mr. Ramirez currently serves as the chair and a member of the Nominating and Governance Committee, along with Mr. Monahan also serving as a member. Both members of the Nominating and Governance Committee meet NYSE independence requirements. The Nominating and Governance Committee assists the Board by identifying and recommending individuals qualified to become members of the Board. The process of identifying and recommending individuals to become members of the Board consists of reviewing candidates in the context of the current composition of the Board (including diversity in background, experience and viewpoints), the operating requirements of the Company and the long-term interests of the Company’s stockholders. In conducting this assessment, the Nominating and Governance Committee considers and evaluates each director-candidate based upon its assessment of the following criteria:

| ● | whether the candidate is independent pursuant to the requirements of the NYSE; |

| ● | whether the candidate is accomplished in his or her field and has a reputation, both personal and professional, that is consistent with the image and reputation of the Company; |

| ● | whether the candidate has the ability to read and understand basic financial statements; |

| ● | if a candidate satisfies the criteria for being an “audit committee financial expert,” as defined by the SEC; |

| ● | whether the candidate has relevant experience and expertise and would be able to provide insights and practical wisdom based upon that experience and expertise; |

| ● | whether the candidate