Company: OCG
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043484
Chunk: 93

Company: Oriental Culture Holding LTD
Filing Date: 2025-05-15
Form: 20-F
Item: Item 6
Chunk 93
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 compensation committee
are qualified as independent under the current definition promulgated by NASDAQ. We have adopted a charter for the compensation committee. In
accordance with the compensation committee’s charter, the compensation committee is responsible for overseeing and making recommendations
to the board of directors regarding the salaries and other compensation of our executive officers and general employees and providing
assistance and recommendations with respect to our compensation policies and practices. The compensation committee is responsible
for, among other things:

  To approve compensation principles that apply generally to Company employees;                                                                                                                         
  To make recommendations to the board of directors with respect to incentive compensation plans and equity-based plans taking into account the results of the most recent rules to provide the sha...  

  To administer and otherwise exercise the various authorities prescribed for the compensation committee by the Company’s incentive compensation plans and equity-based plans;                     
  To select a peer group of companies against which to benchmark/compare the Company’s compensation systems for principal officers elected by the board of directors;                              
  To annually review the Company’s compensation policies and practices and assess whether such policies and practices are reasonably likely to have a material adverse effect on the Company;      
  To determine and oversee stock ownership guidelines and stock option holding requirements, including periodic review of compliance by principal officers and members of the board of directors.  

Corporate Governance and Nominating Committee

Nelson Wong, Xiaobing Liu and Jinren Chen
are the members of our corporate governance and nominating committee and Xiaobing Liu serves as the chairman. All members of our corporate
governance and nominating committee are qualified as independent under the current definition promulgated by NASDAQ. We have adopted a
charter for the corporate governance and nominating committee. In accordance with its charter, the corporate governance and nominating
committee is responsible for identifying and proposing new potential director nominees to the board of directors for consideration and
reviewing our corporate governance policies. The corporate governance and nominating committee is responsible for, among other things:

  Identify and screen individuals qualified to become board members consistent with the criteria approved by the board of directors, and recommend to the board of directors director nominees for ...  
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  Recommend directors for appointment to board committees;                                                                                                                                              
  Make recommendations to the board of directors as to determinations of director independence;                                                                                                         
  Oversee the evaluation of the board of directors;