Company: NCL
Filing Date: 2025-12-04
Form Type: 424B3
Source: 0001575872-25-000746
Chunk: 67

Company: Northann Corp.
Filing Date: 2025-12-04
Form: 424B3
Chunk 67
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 M. Kratochvil (2) |     |                                              | - |     |                                              | - |     |                           |     |                        | - |     |                 | - |     |                 | - |
| Kurtis W. Winn          |     |                                              | - |     |                                              | - |     |                           |     |                        | - |     |                 | - |     |                 | - |

| (1) | Mr. Kratochvil serves                                                                        
 as the Chief Financial Officer of the Company effective on July 14, 2023. On April 15, 2024, 
 Mr. Kratochvil resigned as the CFO.                                                          |

| (2) | On April 15, 2024, Mr.                                  
 Prasad was appointed as the interim CFO of the Company. |

| 38 |

<div align='center'>CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS</div>

The following is a summary
of transactions since January 1, 2023 to which we have been a participant, in which:

| ● | the amount involved exceeded or will exceed $120,000; and                                                                            |
| ● | any of our directors (and director nominees), executive officers, or                                                                 
 holders of more than 5% of our voting securities, or immediate family member or affiliate of such persons, had or will have a direct 
 or indirect material interest, other than compensation and other arrangements that are described under “Executive Compensation”      
 above, or that were approved by our Compensation Committee.                                                                          |

All of the related person
transactions described below have been approved by a majority of the independent and disinterested members of our Board. We believe that
each of the transactions described below were on terms no less favorable to us than terms we would have obtained from unaffiliated third
parties.

It is our intention to ensure
that all future transactions, if any, between us and related persons are approved by our Audit Committee or a majority of the independent
and disinterested members of our Board (except for compensation arrangements, which are approved by our compensation committee), and
are on terms no less favorable to us than those that we could obtain from unaffiliated third parties. See “Policies and Procedures
for Related Person Transactions” below.

Employment Agreements

We entered into employment
agreement with each of Lin Li, our President, Chief Executive Officer, Secretary and Treasurer, and Kurtis W. Winn, our Chief Operating
Officer