Company: NCL
Filing Date: 2025-11-24
Form Type: PRE 14A
Source: 0001575872-25-000718
Chunk: 55

Company: Northann Corp.
Filing Date: 2025-11-24
Form: PRE 14A
Chunk 55
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 |  80,000 |
| Tax Fees              |     |   |       - |     |   |       - |
| All Other Fees        |     |   |       - |     |   |       - |
| Total                 |     | $ | 145,000 |     | $ | 245,000 |

| (1) | Includes fees for professional services rendered during the fiscal year for the audit of our annual financial 
 statements and for reviews of the financial statements included in our quarterly reports on Form 10-Q.        |

| (2) | Includes fees for services that generally only the independent registered public accounting firm can be                        
 reasonably expected to provide, including comfort letters, consents, and review of registration statements filed with the SEC. |

The Audit Committee has implemented
pre-approval procedures consistent with the rules adopted by the SEC. All audit and permitted non-audit services are pre-approved by the
Audit Committee. The Audit Committee has delegated the responsibility of approving proposed non-audit services that arise between Audit
Committee meetings to the chairman of the Audit Committee, provided that the decision to approve the services is presented for ratification
at the next scheduled Audit Committee meeting.

<div align='center'>AUDIT COMMITTEE REPORT</div>

The Audit Committee is comprised
entirely of independent directors who meet the independence requirements of the NYSE Company Guide and the Securities and Exchange Commission.
The Audit Committee operates under a written charter adopted by the Board that is available on our website at http://ir.northann.com.
As described more fully in its charter, the Audit Committee oversees the financial reporting process, the internal control structure
and disclosure controls and procedures on behalf of the Board.

| 31 |

Management is responsible
for the preparation, presentation and integrity of Northann’s financial statements; the appropriateness of the accounting principles
and reporting policies that are used; and procedures designed to reasonably assure compliance with accounting standards, and applicable
laws and regulations. Management is also responsible for the effectiveness of Northann’s internal control over financial reporting,
and reports to the Audit Committee on any deficiencies found.

Northann’s independent
registered public accounting firm, LAO Professionals, is responsible for performing an independent audit of Northann’s consolidated
financial statements in accordance with standards of the Public Company Accounting Oversight Board (United States). The Audit Committee
is directly responsible for the selection, compensation, evaluation and oversight, and retention of Northann’s independent registered
public accounting firm, and evaluates its independence.

Under its