Company: ARAI
Filing Date: 2025-05-14
Form Type: DRS
Source: 0001641172-25-010170
Chunk: 111

Company: Arrive AI Inc.
Filing Date: 2025-05-14
Form: DRS
Chunk 111
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 executive officers for 2024.

Following the adoption of the Compensation Committee charter in October 2023, the Compensation Committee will determine and approve all elements of executive officer compensation. The Compensation Committee’s primary objectives in determining executive officer compensation are to (i) develop an overall compensation package that is at market levels and thus fosters executive officer retention and (ii) align the interests of our executive officers with our stockholders by linking a significant portion of the compensation package to performance.

Summary Compensation Table

The following table sets forth the compensation paid by the Company to its chief executive officer and other compensated executive officers. The disclosure is provided for the years ended December 31, 2024, December 31, 2023, December 31, 2022, and December 31, 2021.

| Name and Principal Position          |     | Year |     | Salary |         |    |     | Bonus |     | Stock Awards |           |     |     | Total |           |
|:-------------------------------------|:----|-----:|:----|:-------|--------:|---:|:----|:------|:----|:-------------|----------:|----:|:----|:------|----------:|
| Dan O’Toole CEO                      |     | 2021 |     | $      | 290,833 | -1 |     |       |     |              |           |     |     | $     |   290,833 |
| Neerav Shah Chief Strategy Officer   |     | 2021 |     | $      |  36,000 |    |     |       |     | $            |    45,100 |  -2 |     | $     |    81,100 |
| Lora O’Toole VP Business Development |     | 2021 |     | $      |  29,880 |    |     |       |     | $            |       586 |  -3 |     | $     |    30,466 |
| Dan O’Toole CEO                      |     | 2022 |     | $      | 403,333 | -1 |     |       |     |              |           |     |     | $     |   403,333 |
| Mark Hamm COO                        |     | 2022 |     | $      | 140,000 |    |     |       |     |              |           |     |     | $     |