Company: LASE
Filing Date: 2025-06-24
Form Type: 10-K
Source: 0001641172-25-016194
Chunk: 423

Company: Laser Photonics Corp
Filing Date: 2025-06-24
Form: 10-K
Item: Item 1A
Chunk 423
---
 be independent
from management in connection with the duties of a compensation committee member, as described in Section 5605(d)(2) of the Nasdaq rules.
Ms. Pathak serves as the chairman of our compensation committee.

Our
compensation committee has adopted a written compensation committee charter, viewable at https://laserphotonics.com/compensationcommittee,
that provides that the functions of our compensation committee include, among other things:

    ●
    reviewing and approving,
    or recommending to our board of directors for approval, the compensation of our executive officers and any compensatory arrangement
    with our executive officers;

    ●
    reviewing and recommending
    to our board of directors for approval the compensation of our directors and any changes to their compensation;

    ●
    reviewing and approving,
    or recommending to our board of directors for approval, and administering incentive compensation and equity incentive plans; and

    ●
    reviewing and establishing
    general policies relating to compensation and benefits of our employees and reviewing our overall compensation philosophy.

Nominating
and Corporate Governance Committee

Our
nominating and corporate governance committee is comprised of, Mr. Parkos and Mr. Gonzalez. Our board has determined that each of Mr.
Parkos and Mr. Gonzalez qualifies as an independent director under Section 5605(a)(2) of the Nasdaq rules. Ms. Pathak is the chairman
of our nominating and corporate governance committee.

57

We
have adopted a written nominating and corporate governance committee charter, viewable at https://laserphotonics.com/nominatingandgovernance,
that provides that the functions of our nominating and corporate governance committee include, among other things:

    ●
    identifying, evaluating
    and selecting, or making recommendations to our board of directors regarding, nominees for election to our board of directors and
    its committees;

    ●
    overseeing the evaluation
    and the performance of our board of directors and of individual directors;

    ●
    considering and making
    recommendations to our board of directors regarding the composition of our board of directors and its committees;

    ●
    overseeing our corporate
    governance practices;

    ●
    contributing to succession
    planning; and

    ●
    developing and making recommendations
    to our board of directors regarding corporate governance guidelines and matters.

Code
of Ethics

We
have adopted a code of business conduct and ethics that applies to our officers, directors and employees, including our principal executive
off