Company: APXIF
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026189
Chunk: 756

Company: APx Acquisition Corp. I
Filing Date: 2025-03-31
Form: 10-K
Item: Item 2
Chunk 756
---
 by the board, and recommending to the board of directors candidates for nomination
                                            for appointment at the annual general meeting or to fill vacancies on the board of directors;

●developing
                                            and recommending to the board of directors and overseeing implementation of our corporate
                                            governance guidelines;

●coordinating
                                            and overseeing the annual self-evaluation of the board of directors, its committees, individual
                                            directors and management in the governance of the company; and

●reviewing
                                            on a regular basis our overall corporate governance and recommending improvements as and
                                            when necessary.

58

The charter also provides that the nominating
and corporate governance committee may, in its sole discretion, retain or obtain the advice of, and terminate, any search firm to be
used to identify director candidates, and is directly responsible for approving the search firm’s fees and other retention terms.

We have not formally established any specific,
minimum qualifications that must be met or skills 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,