Company: KPEA
Filing Date: 2025-01-14
Form Type: 10-K
Source: 0001493152-25-002124
Chunk: 157

Company: Kun Peng International Ltd.
Filing Date: 2025-01-14
Form: 10-K
Item: Item 6
Chunk 157
---
i) understand the economic drivers and impact of cyber risk, including the financial impact to our Company;
(ii) align cyber-risk management policies with our business needs by integrating cyber-risk analysis into significant business decisions;
(iii) ensure our organizational structure supports cybersecurity goals; (iv) incorporate cybersecurity expertise into board governance;
(v) to determine the “materiality” of any cyber incident or threat; and (vi) to ensure compliance with Regulation S-K Item
16(b)(1) and Item 16(K) of Form 20F to allow our shareholders and investors to ascertain our cybersecurity practices with sufficient
detail to understand our cybersecurity risk profile including the preparation and filing of a Form 6-K within four (4) business days
after the determination that a “material” cybersecurity incident has occurred.

101

As
of the date of this Annual Report, the members of the Board of Directors are conducting the continuous analysis or and review for any
potential cybersecurity risks as part of our overall risk management program.

Compensation
Committee. The compensation committee will review and approve our salary and benefits policies, including compensation of executive
officers.

Nominating
Committee. Our Board of Directors currently acts as our nominating committee and our Company does not have any defined
policy or procedure requirements for stockholders to submit recommendations or nominations for directors. The directors believe that,
given the early stage of our development, a specific nominating policy would be premature and of little assistance until our business
operations develop to a more advanced level. Our Company does not currently have any specific or minimum criteria for the election of
nominees to the Board of Directors and we do not have any specific process or procedure for evaluating such nominees. Our directors assess
all candidates, whether submitted by management or stockholders, and make recommendations for election or appointment.

All
proceedings of our Board of Directors were conducted by resolutions consented to in writing by all the directors and filed with the minutes
of the proceedings of the directors. Such resolutions consented to in writing by the directors entitled to vote on that resolution at
a meeting of the directors are, according to the corporate laws of the state of Nevada and the bylaws of our Company, as valid and effective
as if they had been passed at a meeting of the directors duly called and held.

A
stockholder who wishes to communicate with our Board of Directors may do so by directing a written request addressed to our president,
at the address appearing on the first page of this Annual Report.

102