Company: AEMD
Filing Date: 2025-06-26
Form Type: 10-K
Source: 0001683168-25-004780
Chunk: 111

Company: AETHLON MEDICAL INC
Filing Date: 2025-06-26
Form: 10-K
Item: Item 1
Chunk 111
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 administers our stock-based incentive compensation plans. The Chair establishes meeting agendas after consultation
with other committee members. Our Interim Chief Executive Officer and other members of management regularly discuss our compensation issues
with Compensation Committee members. Subject to Compensation Committee review, modification and approval, our Chief Executive Officer
typically makes recommendations respecting bonuses and equity incentive awards for the other members of the executive management team.
The Compensation Committee establishes all bonus and equity incentive awards for all executive members of the management team. Our Board
of Directors has determined that all members of the Compensation Committee meet the independence requirements applicable to Nasdaq Capital
Market companies.

With respect to calendar
year 2024, our Compensation Committee considered compensation information provided by Anderson Pay Advisors LLC (“Anderson”),
a compensation consultant, in determining executive compensation. Anderson provided competitive compensation data showing that our cash
compensation generally was and made cash compensation recommendations designed to compensate our officers in line with the 50% range
for similarly situated companies.

The Compensation Committee
has adopted a charter, which can be found on our website at “Investors –Governance – Governance Documents.” The
reference to or inclusion of our website address in this Amendment No. 1 does not include or incorporate by reference the information
on our website into this Amendment No. 1.

Nominating and Corporate Governance Committee

The responsibilities of the
Nominating and Corporate Governance Committee include:

    ·
    overseeing our corporate governance functions on behalf of our Board of Directors;

    ·
    making recommendations to our Board of Directors regarding corporate governance issues;

    ·
    identifying and evaluating candidates to serve as directors of our Company consistent with criteria approved by our Board of Directors;

    ·
    selecting director candidates or recommending such candidates to our Board of Directors for selection; and

    ·
    reviewing and evaluating the performance of our Board of Directors.

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The
Nominating and Corporate Governance Committee has adopted a charter, which can be found on our website at “Investors – Governance
– Governance Documents.” The reference to or inclusion of our website address in this Amendment No. 1 does not include or
incorporate by reference the information on our website into this Amendment No. 1.

Stockholder Nominees for Director

There
have been no material changes to the procedures by which stockholders may recommend nominees to the Board of Directors.

Code of Ethics

In February 2005, our Board
of Directors approved a “Code of Business Conduct and Ethics” (as amended