Company: APXIF
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026189
Chunk: 125

Company: APx Acquisition Corp. I
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 125
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 that are necessary for directors to possess. In general, in identifying and evaluating
nominees for director, the Board considers educational background, diversity of professional experience, knowledge of our business, integrity,
professional reputation, independence, wisdom, and the ability to represent the best interests of our shareholders.

Compensation Committee 

We have established a compensation committee
of the Board. Fara Remtulla, Daniel Mudd and Thomas P.M. Barry serve as the members and Mr. Barry serves as chair of the compensation
committee. The members of our compensation committee are “independent” under applicable Nasdaq listing standards and applicable
SEC rules.

We have adopted a compensation committee charter,
which details the principal purpose and responsibility of the compensation committee, including:

●reviewing
                                            and approving on an annual basis the corporate goals and objectives relevant to our chief
                                            executive officer’s compensation, evaluating our chief executive officer’s performance
                                            in light of such goals and objectives and determining and approving the remuneration (if
                                            any) of our chief executive officer’s based on such evaluation;

●reviewing
                                            and making recommendations to our board of directors with respect to the compensation, and
                                            any incentive compensation and equity based plans that are subject to board approval of all
                                            of our other officers;

●reviewing
                                            our executive compensation policies and plans

●implementing
                                            and administering our incentive compensation equity-based remuneration plans;

●assisting
                                            management in complying with our proxy statement and annual report disclosure requirements;

●approving
                                            all special perquisites, special cash payments and other special compensation and benefit
                                            arrangements for our officers and employees;

●producing
                                            a report on executive compensation to be included in our annual proxy statement; and

●reviewing,
                                            evaluating and recommending changes, if appropriate, to the remuneration for directors.

The charter also provides that the compensation
committee may, in its sole discretion, retain or obtain the advice of a compensation consultant, independent legal counsel or other adviser
and is directly responsible for the appointment, compensation and oversight of the work of any such adviser. However, before engaging
or receiving advice from a compensation consultant, external legal counsel or any other adviser, the compensation committee will consider
the independence of each such adviser, including the factors required by Nasdaq and the SEC.

Compensation Committee Interlocks and Insider Participation

None of our executive officers currently serves,
and in the past year has not served, as a member of the compensation committee of any