Company: EJH
Filing Date: 2025-10-30
Form Type: 20-F
Source: 0001213900-25-104179
Chunk: 121

Company: E-Home Household Service Holdings Ltd
Filing Date: 2025-10-30
Form: 20-F
Item: Item 6
Chunk 121
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eneficiary
Designation. All awards are exercisable only by the participant during the participant’s lifetime, and are transferable
only by will or by the laws of descent and distribution; provided, however, that the Committee may permit a transfer of an award, other
than an inventive stock option, to a family member of an individual, subject to such restrictions as the Committee may provide.

Term. The 2024 Plan is effective
immediately upon the adoption by our Board of Directors, and will terminate on the earliest to occur of (i) the 10th anniversary of the
2024 Plan’s effective date, or (ii) the date on which all shares available for issuance under the 2024 Plan shall have been issued
as fully-vested shares. The Board of Directors of the Company adopted the 2024 Plan on May 20, 2024.

On June 7, 2024, the Compensation Committee of the Board of the Company
(the “ Compensation Committee”) granted 3,000,000 shares (pre-September 2024 Reverse Stock Split and pre-2025 Reverse Stock
Split) to six employees and officers of the Company under the 2024 Plan.

C. Board Practices

Board Composition and Committees

The Nasdaq Marketplace Rules generally require
that a majority of an issuer’s board of directors must consist of independent directors. Our board of directors currently consists
of five directors, including three independent directors, namely, Ms. Yijing Ye, Mr. Jianhua Wang, and Mr. Heung Ming Henry Wong; therefore,
we currently have a majority of our board of directors consisting of independent directors.

A director is not required to hold any shares
in our company to qualify to serve as a director. Our board of directors may exercise all the powers of our company to borrow money, mortgage
or charge its undertaking, property and uncalled capital, and to issue debentures, bonds and other securities whenever money is borrowed
or as security for any debt, liability or obligation of the company or of any third party.

A director who is, to his knowledge, in any way,
whether directly or indirectly, interested in a contract or proposed contract with our company is required to declare the nature of his
interest at a meeting of our directors. A director may vote in respect of any contract, proposed contract, or arrangement, notwithstanding
that he/she may be interested therein, and if he/she does so, his/her vote shall be counted, and he/she may be