Company: VEEAW
Filing Date: 2025-11-10
Form Type: PRE 14A
Source: 0001213900-25-107934
Chunk: 26

Company: VEEA INC.
Filing Date: 2025-11-10
Form: PRE 14A
Chunk 26
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 speculation of extraordinary corporate transactions or other significant developments that might involve the Company, and transactions in publicly traded put, call, or other options on (or other derivative securities involving) the Company’s securities. What are the Company’s Health, Welfare and Retirement Benefits? The Company offers the same health, welfare and retirement benefits to all salaried employees. These benefits include medical benefits, dental benefits, vision benefits, life insurance, salary continuation for short-term disability, long-term disability insurance, accidental death and dismemberment insurance, 401(k) plan and other similar benefits. Officers are also covered under the Company’s director and officer liability insurance policies for claims alleged in connection with their service. 17 Does the Company Provide Perquisites? The Company does not generally provide common perquisites such as company cars or club memberships. How is the Chief Executive Officer’s Performance Evaluated and Compensation Determined ? Allen Salmasi, as founder and Chief Executive Officer and largest stockholder, has not received an annual salary or other cash compensation during 2024. Mr. Salmasi previously was not a party to an employment agreement or letter agreement with the Company. Mr. Salmasi received an Incentive Award in the form of a non-qualified stock option to purchase 2,992,475 shares of common stock for an exercise price per share of $3.89, which was the fair market value of a share of common stock on the grant date. The award was fully vested and exercisable at the time of grant and expires December 30, 2028. The award was made in recognition of Mr. Salmasi’s exceptional performance, service and contributions to the Company and its subsidiaries. What are the Company’s Governance Practices Regarding Incentive Awards? The Board has established the following practices and policies regarding Incentive Awards:

| ● | The                                                                                                                                         
 Company’s policy for setting the timing of Incentive Award grants does not allow executives to have any role in choosing the price of their 
 equity awards; and                                                                                                                          |

| ● | The                                                           
 Company has never “back dated” or re-priced Incentive Awards. |

The Compensation Committee and the Board consider recommendations from the Chief Executive Officer in establishing appropriate Incentive Awards for officers and employees. All equity awards for the Named Executive Officers have been and will continue to be subject to the approval of the Compensation Committee and ratification by the full Board. How does the Company Evaluate its Compensation Program Risks? The Compensation Committee is responsible for overseeing the management of risks related