Company: BRID
Filing Date: 2025-02-27
Form Type: DEF 14A
Source: 0001493152-25-008406
Chunk: 25

Company: BRIDGFORD FOODS CORP
Filing Date: 2025-02-27
Form: DEF 14A
Chunk 25
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| (3) | Applicable                                                                                                                                  
 percentage of ownership as of February 7, 2025, is based upon 9,076,832 shares of common stock outstanding. Beneficial ownership            
 is determined in accordance with the rules of the SEC and includes voting and investment power with respect to shares shown as beneficially 
 owned. Except as otherwise indicated, and subject to community property laws where applicable, to the knowledge of the Company the          
 persons listed above have sole voting and investment power with respect to all shares shown as beneficially owned by them.                  |

Changes in Control

We are not aware of any arrangements that have resulted, or may at a subsequent date result, in a change in control of the Company.

<div align='center'>REPORT OF THE AUDIT COMMITTEE</div>

Pursuant to a meeting of the Audit Committee on January 13, 2025, the Audit Committee reports that it has: (i) reviewed and discussed the Company’s audited financial statements with management; (ii) discussed with the independent registered public accountants the matters (such as the quality of the Company’s accounting principles and internal controls) required to be discussed by the applicable requirements of the Public Company Accounting Oversight Board and the Commission; and (iii) received the written disclosures and the letter from Baker Tilly required by applicable requirements of the Public Company Accounting Oversight Board regarding its communications with the Audit Committee concerning independence, and has discussed with Baker Tilly its independence. Based on the review and discussions referred to in items (i) through (iii) above, the Audit Committee recommended to the Board that the audited financial statements be included in the Company’s 2024 Annual Report.

AUDIT COMMITTEE

Todd C. Andrews, Chairman

Mary Schott

D. Gregory Scott

The foregoing Audit Committee Report shall not be deemed soliciting material, shall not be deemed filed with the SEC and shall not be incorporated by reference in any filing of the Company under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, whether made before or after the date hereof and irrespective of any general incorporation language in any such filing.

<div align='center'>COMPENSATION DISCUSSION AND ANALYSIS</div>

Compensation of Executive Officers

Compensation Overview

This section provides information regarding the compensation paid to the Company’s named executive officers, or NEOs, all of whom are members of the Executive Committee. The Company has historically been and continues to be principally managed by the