Company: VEEAW
Filing Date: 2025-01-15
Form Type: 424B3
Source: 0001213900-25-003888
Chunk: 118

Company: VEEA INC.
Filing Date: 2025-01-15
Form: 424B3
Chunk 118
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 We expect that we will continue to review, evaluate and modify our compensation framework as a result of becoming a publicly-traded company, and our compensation program following the consummation of the Business Combination could vary significantly from our historical practices.

Summary Compensation Table

| Name and Principal Position |     | Year |      |     | Salary 
 ($)    |         |     | Bonus 
 ($)   |     |     | Equity 
 Awards 
 ($)    |         |     | All Other    
 Compensation 
 ($)          |   |     | Total 
 ($)   |         |
| Allen Salmasi               |     |      | 2023 |     |        |       - |     |       |   - |     |        |       - |     |              | - |     |       |       - |
| Chief Executive Officer     |     |      | 2022 |     |        |       - |     |       |   - |     |        |       - |     |              | - |     |       |       - |
| Janice K. Smith             |     |      | 2023 |     |        | 250,838 |     |       | 500 |     |        |       - |     |              | - |     |       | 251,338 |
| Chief Operating Officer     |     |      | 2022 |     |        | 311,289 |     |       |   - |     |        | 241,002 |     |              | - |     |       | 552,291 |
| Mark Tubinis                |     |      | 2023 |     |        | 210,708 |     |       | 500 |     |        |       - |     |              | - |     |       | 211,208 |
| Chief Commercial Officer    |     |      | 2022 |     |        | 221,250 |     |       |   - |     |        |  44,237 |     |              | - |     |       | 265,487 |

Existing NEO Employment Agreements

Allen Salmasi, as founder and Chief Executive Officer of Veea, has largely controlled all significant decisions of Veea since its inception. Because of this unique role, Mr. Salmasi previously was not a party to an employment agreement or letter agreement with Veea. The Company’s chief executive officer has received no salary or equity awards since 2014.

On December 31, 2019