Company: ORBS
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004802
Chunk: 374

Company: Eightco Holdings Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1B
Chunk 374
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Nominating and Corporate Governance Committee will be responsible for developing and recommending to the board of directors for approval
an officer succession plan (the “Succession Plan”), reviewing the Succession Plan periodically with the Chief Executive Officer,
evaluating potential candidates for executive positions and recommending to the board of directors any changes to and any candidates
for succession under the Succession Plan.

In
addition, the board of directors will be presented with information at its regularly scheduled and special meetings regarding risks facing
our Company, and management will provide more frequent, informal communications to the board of directors between regularly scheduled
meetings which will be designed to give the board of directors regular updates about our business. The board of directors will consider
this information and will provide feedback, will make recommendations, and, as appropriate, will authorize or direct management to address
particular exposures to risk.

Committees
of the Board of Directors

Our
board of directors has three standing committees: Audit Committee, Compensation Committee, and Nominating and Corporate Governance Committee.
Frank Jennings, Mary Ann Halford and Louis Foreman, have been appointed to serve on the Company’s Audit Committee, with Louis Foreman
serving as the chair and qualifying as an audit committee financial expert, as such term is defined in Item 407(d)(5) of Regulation S-K.
Frank Jennings, Mary Ann Halford, Louis Foreman have been appointed to serve on the Company’s Compensation Committee, with Frank
Jennings serving as the chair. Frank Jennings, Mary Ann Halford, Louis Foreman have been appointed to serve on the Company’s Nominating
and Corporate Governance Committee, with Frank Jennings serving as the chair. Each of the committee charters is available on the Company’s
website at www.8co.holdings.

Audit
Committee

The
Audit Committee’s duties, which are specified in its charter include, but are not limited to:

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

    ●
    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 (