Company: SUND
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001641172-25-017143
Chunk: 70

Company: Sundance Strategies, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 1
Chunk 70
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    Director
     
    12/6/18
  
    Randall
    F. Pearson
     
    President
     
    03/29/13
  
    Randall
    F. Pearson
     
    Principal
    Executive Officer
     
    03/29/13
  
    Randall
    F. Pearson
     
    Principal
    Financial Officer
     
    03/29/13
  
    Randall
    F. Pearson
     
    Director

    04/01/13

The
Board of Directors has set the size of the Company’s Board of Directors at four, which is within the number allowed by our Bylaws.

31

Director
Qualifications

In
evaluating members for services on the Board of Directors, emphasis was placed on the following factors: (i) the appropriate size of
our Board of Directors; (ii) our needs with respect to the particular talents and experience of our directors; (iii) the knowledge, skills
and experience of the directors, including experience in development stage companies and new enterprises and innovations, finance, administration
and management skills; and (iv) the dedication of the directors to familiarize themselves with the our selected business industry.

Our
goal was to assemble a Board of Directors that brings together a variety of perspectives and skills derived from high quality business
and professional experience. We believe each of the members of our Board of Directors possesses these qualities.

Background
and Business Experience

Kraig
T. Higginson is 68 years of age and was appointed to the position of Chairman of the Board of Directors. Mr. Higginson served as Chief
Executive Officer of VIA Motors, Inc. (“Via Motors”), a hybrid electric vehicle company (PHEV), from November 2010 to January
2014, where he was responsible for overseeing the management and business of Via Motors and its employees. From October 2003 until November
2010, he served as Chairman of the Board of Directors of Raser Technologies, Inc. (“Raser Technologies”), which was an NYSE
listed company at that time. Mr. Higginson resigned as a director of Raser Technologies on February 11, 2011. Raser Technologies filed
bankruptcy proceedings on April 29, 2011, and was subsequently delisted from NYSE. Mr. Higginson also founded American Telemedia Network,
Inc. (“American Telemedia”), a publicly-traded