Company: JL
Filing Date: 2025-05-20
Form Type: 20-F/A
Source: 0001213900-25-045507
Chunk: 133

Company: J-Long Group Ltd
Filing Date: 2025-05-20
Form: 20-F/A
Chunk 133
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 carry out such duties and responsibilities as are associated with the Compensation Recovery Policy. In the event of a restatement of the Company’s financial statements, the Compensation Recovery Policy requires the Company to recover the incremental portion of any incentive-based compensation received by any current or former executive officer of the Company that was in excess of the amount the officer would have received had his or her incentive compensation been determined based on the restated financial statements. The amended Compensation Committee Charter gives the compensation committee the authority and power to: (i) determine such executive officers who served at any time during the performance period for incentive-based compensation; (ii) determine the relevant recovery period; (iii) determine the amount of incentive-based compensation that is subject to the Company’s Compensation Recovery Policy and establish procedures for recovery; (iv) maintain documentation of the above-referenced determinations; and (v) prepare and have filed all disclosures with respect to the Compensation Recovery Policy in accordance with Federal securities laws, including the disclosure required by the applicable Securities and Commission filings. 84 For additional information regarding our Compensation Recovery Policy, please refer to Exhibit 97.1 to this Annual Report on Form 20-F for the fiscal year ended March 31, 2024. Nominating and Corporate Governance Committee Our nominating and corporate governance committee consists of Mr. Kan, Ms. Pun and Mr. Chan, and it is chaired by Mr. Kan. We have determined that each of these directors satisfies the “independence” requirements of the Nasdaq Listing Rules. The nominating and corporate governance committee assists the Board in selecting individuals qualified to become our directors and in determining the composition of the Board and its committees. The nominating and corporate governance committee is responsible for, among other things:

| ● | recommending nominees to the Board for election or re-election    
 to the Board or for appointment to fill any vacancy on the Board; |

| ● | reviewing annually with the Board the current composition                                                                             
 of the Board in regard to characteristics such as independence, knowledge, skills, experience, expertise, diversity, and availability 
 of service to us;                                                                                                                     |

| ● | selecting and recommending to the Board the names of directors                                                                             
 to serve as members of the audit committee and the compensation committee, as well as of the nominating and corporate governance committee 
 itself;                                                                                                                                    |

| ● | developing and reviewing the corporate governance principles                                                                           
 adopted by the Board and advising the Board with respect to significant developments in the law, practice of corporate governance, and 
 our compliance with such laws and