Company: IMG
Filing Date: 2025-07-21
Form Type: 10-K
Source: 0001641172-25-020300
Chunk: 819

Company: CIMG Inc.
Filing Date: 2025-07-21
Form: 10-K
Item: Item 7
Chunk 819
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., Ltd. in Sweden.
Ms. Hellstrom is a senior manager with extensive theoretical knowledge and practical experience. She has previously held senior executive
roles, including Marketing Director at a prominent large hotel, Sales Director at a major import and export company, and General Manager
of a large group corporation. Ms. Hellstrom has specialized expertise in business management, with a particular focus on integrated marketing
strategies and team development. Ms. Hellstroem graduated from Bohai University in Liaoning in 1997.

59

Family
Relationships

There
are no family relationships among any of CIMG’s executive officers or directors.

Composition
of the CIMG Board of Directors

The
Board manages the business and affairs of CIMG, as provided by Nevada law, and conducts its business through meetings of the Board and
its standing committees. The Board consists of six members, and all of whom was appointed by the Board. The primary responsibilities
of the CIMG Board are to provide risk oversight and strategic guidance to CIMG and to counsel and direct CIMG’s management. The
Board will meet on a regular basis and will convene additional meetings, as required.

Board
of Directors Meetings

During
the fiscal year ended September 30, 2024, our board met 8 times, including video conference meetings, the audit committee met 4
times, the compensation committee did not meet. nor did the nominating and corporate governance committee. All directors attended
100% of the aggregate number of meetings of the board and all of the audit committee members attended 100% of the audit committee
meetings.

Director
Independence

As
a result of its common stock continuing to be listed on Nasdaq following consummation of the Business Combination, CIMG adheres to
the rules of Nasdaq in determining whether a director is independent. The Board has consulted with its counsel to ensure that the
Board’s determinations are consistent with those rules and all relevant securities and other laws and regulations regarding
the independence of directors. The Nasdaq listing standards generally define an “independent director” as a person who
is not an executive officer or employee, or who does not have a relationship which, in the opinion of the company’s board of
directors, would interfere with the exercise of independent judgment in carrying out his or her responsibilities as a director. The
parties have determined that Jinmei Guo Hellstroem, Yanli Hou, Changzheng Ye, and Zongmei Huang are