Company: KVACU
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0001213900-25-021314
Chunk: 576

Company: Keen Vision Acquisition Corp.
Filing Date: 2025-03-07
Form: 10-K
Item: Item 5
Chunk 576
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, experience and expertise;

    ●
    whether the candidate has knowledge of the Company and issues affecting the Company;

    ●
    whether the candidate is committed to enhancing shareholder value;

    ●
    whether the candidate fully understands, or has the capacity to fully understand, the legal responsibilities of a director and the governance processes of a public company;

    ●
    whether the candidate is of high moral and ethical character and would be willing to apply sound, objective and independent business judgment, and to assume broad fiduciary responsibility;

    ●
    whether the candidate has, and would be willing to commit, the required hours necessary to discharge the duties of board membership;

    ●
    whether the candidate has any prohibitive interlocking relationships or conflicts of interest;

    ●
    whether the candidate is able to develop a good working relationship with other board members and contribute to the board’s working relationship with the senior management of the Company; and

    ●
    whether the candidate is able to suggest business opportunities to the Company.

The nominating committee will
consider a number of qualifications relating to management and leadership experience, background and integrity and professionalism in
evaluating a person’s candidacy for membership on the board of directors. The nominating committee may require certain skills or
attributes, such as financial or accounting experience, to meet specific board needs that arise from time to time and will also consider
the overall experience and makeup of its members to obtain a broad and diverse mix of board members. The board of directors will also
consider director candidates recommended for nomination by our shareholders during such times as they are seeking proposed nominees to
stand for election at the next annual meeting of shareholders (or, if applicable, a special meeting of shareholders). Our shareholders
that wish to nominate a director for election to the Board should follow the procedures set forth in our amended and restated memorandum
and articles of association. The nominating committee does not distinguish among nominees recommended by shareholders and other persons.

33

Compensation Committee

We have established a compensation
committee of the board of directors, which consists of Mr. Peter Ding, Mr. William Chu, and Prof. Albert Yu, each of whom is an independent
director under Nasdaq’s listing standards. Prof. Albert Cheung-Hoi Yu is the Chairperson of the compensation committee. The compensation
committee’s duties, which are specified in our Compensation Committee Charter, include, but are not limited to:

    ●
    reviewing at least annually the goals and objectives of the Company’s executive compensation