Company: SACH
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0001104659-25-042273
Chunk: 15

Company: Sachem Capital Corp.
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 15
---
 following: • selecting, hiring and terminating our independent auditors; • evaluating the qualifications, independence and performance of our independent auditors; • approving the audit and non-audit services to be performed by the independent auditors; • reviewing the design, implementation and adequacy and effectiveness of our internal controls and critical policies; • overseeing and monitoring the integrity of our financial statements and our compliance with legal and regulatory requirements as they relate to our financial statements and other accounting matters; • with management and our independent auditors, reviewing any earnings announcements and other public announcements regarding our results of operations; and • preparing the report that the SEC requires in our annual proxy statement. Compensation Committee. The Compensation Committee assists the Board in determining the compensation of our executive officers and directors. The Compensation Committee is comprised entirely of directors who satisfy the standards of independence applicable to Compensation Committee members established under Section 16(b) of the Exchange Act. Specific responsibilities include the following: • approving the compensation and benefits of our executive officers; • reviewing the performance objectives and actual performance of our officers; and • administering our stock option and other equity and incentive compensation plans. Nominating and Corporate Governance Committee. The Nominating and Corporate Governance Committee assists the Board by identifying and recommending individuals qualified to become members of the Board. Specific responsibilities include the following: • evaluating the composition, size and governance of the Board and its committees and making recommendations regarding future planning and the appointment of directors to our committees; • establishing a policy for considering shareholder nominees to the Board; • reviewing our corporate governance principles and making recommendations to the Board regarding possible changes; and • reviewing and monitoring compliance with our Code of Ethics and insider trading policy. During fiscal year 2024, the Board held sixteen meetings, including regularly scheduled meetings and special meetings. The Audit Committee held six meetings, the Compensation Committee held four meetings and the Nominating and Corporate Governance Committee held two meetings. The charters of the Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee are available on our website at www.sachemcapitalcorp.com/investor-relations/governance. All directors attended or participated in at least 75% of the aggregate number of meetings of the Board and of the Board’s committees on which each applicable director served. It is the Company’s policy that directors are encouraged to attend the Annual Meeting. All of our directors attended the Company’s 2024 annual meeting. Audit Committee Report The Audit Committee oversees our financial reporting process on behalf of the Board. The Audit Committee consists of three (3