Company: HCTI
Filing Date: 2025-10-15
Form Type: DEF 14A
Source: 0001213900-25-099128
Chunk: 17

Company: Healthcare Triangle, Inc.
Filing Date: 2025-10-15
Form: DEF 14A
Chunk 17
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 the members of our audit committee
is “independent” within the meaning of the rules of the Nasdaq and the SEC, including for audit committee purposes, and that
each of the members of our audit committee is financially literate and has accounting or related financial management expertise, as such
qualifications are defined under the rules of the Nasdaq. In addition, our Board of Directors has determined that Mr. McClurg is an “audit
committee financial expert” as defined by the SEC. Our audit committee operates under a written charter. Our audit committee assists
our Board of Directors in its oversight of our accounting and financial reporting process and the audits of our financial statements.
Our audit committee’s responsibilities include:

| ● | reviewing and discussing with management and the independent auditor                                                               
 the annual audited financial statements, and recommending to the board whether the audited financial statements should be included 
 in our annual disclosure report;                                                                                                   |

| ● | discussing with management and the independent auditor significant                                            
 financial reporting issues and judgments made in connection with the preparation of our financial statements; |

| ● | discussing with management major risk assessment and risk management 
 policies;                                                            |

| ● | monitoring the independence of the independent auditor; |

| ● | verifying the rotation of the lead (or coordinating) audit partner                                                        
 having primary responsibility for the audit and the audit partner responsible for reviewing the audit as required by law; |

| ● | reviewing and approving all related-party transactions; |

| ● | inquiring and discussing with management our compliance with applicable 
 laws and regulations;                                                   |

| ● | pre-approving all audit services and permitted non-audit services to                                   
 be performed by our independent auditor, including the fees and terms of the services to be performed; |

| ● | appointing or replacing the independent auditor; |

| ● | determining the compensation and oversight of the work of the independent                                                        
 auditor (including resolution of disagreements between management and the independent auditor regarding financial reporting) for 
 the purpose of preparing or issuing an audit report or related work;                                                             |

| ● | establishing procedures for the receipt, retention and treatment of                                                               
 complaints received by us regarding accounting, internal accounting controls or reports which raise material issues regarding our 
 financial statements or accounting policies; and                                                                                  |

| ● | approving reimbursement of expenses incurred by our management team 
 in identifying potential target businesses.                         |

Report Of The Audit Committee Of The Board Of Directors

This report is submitted by the audit committee
of the Board of Directors (the “Board”) of Healthcare