Company: APCXW
Filing Date: 2025-04-17
Form Type: DEF 14A
Source: 0001683168-25-002670
Chunk: 9

Company: AppTech Payments Corp.
Filing Date: 2025-04-17
Form: DEF 14A
Chunk 9
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 our board of directors considered the relationships
that each director has with the company and all other facts and circumstances the board of directors deemed relevant in determining independence,
including the potential deemed beneficial ownership of our capital stock by each director, including non-employee directors
that are affiliated with certain of our major stockholders. The composition and functioning of our board of directors and each of our
committees will comply with all Nasdaq's applicable requirements and the SEC's rules and regulations.

Board Committees

Our board of directors has
established an audit committee, a compensation committee, and a nominating and corporate governance committee, each of which operates
pursuant to a charter adopted by our board of directors on October 13, 2020; October 13, 2020; and March 17, 2020, respectively. The Board
and its committees set schedules to meet throughout the year and may also hold special meetings and act by written consent from time to
time as appropriate. The board’s independent directors also hold separate regularly scheduled executive session meetings at least
twice a year at which only independent directors are present. The Board has delegated various responsibilities and authority to its committees
as generally described below. The committees regularly report on their activities and actions to the full Board. Currently, each member
of each committee of the Board qualifies as an independent director in accordance with the Nasdaq standards described above and SEC rules
and regulations. Copies of each charter are posted on our website at www.apptechcorp.com under the Investor Relations section. The inclusion
of our website address in this Proxy Statement does not include or incorporate by reference the information on our website into this Proxy
Statement.

The name, age, and certain
other information of each member of the Board, as of the Record Date, is set forth below (C = Chairman, and X = Committee Member):

<div align='center'>Board of Directors & Committee Memberships

(Number of Meetings in 2024)</div>

| Name                     |     | Age |     | Audit(2) |     | Compensation(2) |     | Corporate Governance & Nominating (2) |     | Term Expires on Annual Meeting Held in the Year |     | Director Class |
| Thomas J. Kozlowski, Jr. |     |  74 |     | C        |     | X               |     | X                                     |     |                                            2025 |     | I              |
| Calvin D. Walsh          |     |  79 |