Company: RETO
Filing Date: 2025-05-09
Form Type: 20-F
Source: 0001213900-25-041195
Chunk: 6

Company: ReTo Eco-Solutions, Inc.
Filing Date: 2025-05-09
Form: 20-F
Item: Item 6
Chunk 6
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To since November 2016. Dr. Huang has served as the President and Principal Engineer
for Merit Engineering, Inc., a geotechnical, environmental, and civil engineering services company, since 1993. Among other awards, Mr. Huang
has received the Diplomat of Geotechnical Engineering by the Academy of Geoprofessionals in 2011 and named a Fellow, ACCE (American Society
of Civil engineering) in 2007. Dr. Huang served as an expert witness on geo-retaining wall design issues. In addition,
he has presented two papers in the area of slope stability and pile foundations with socket in bedrock in international conferences. He
holds 19 research publications including six in leading research journals. Dr. Huang holds a master’s degree and Ph. D. in Geotechnical
Engineering from University of Wisconsin.

Family Relationship

There are no family relations
among any of our officers or directors, except that Yue Hu is Zhizhong Hu’s daughter. There are no other arrangements or understandings
pursuant to which our directors are selected or nominated.

  Compensation.  

Executive Compensation

Our board of directors has
not adopted or established a formal policy or procedure for determining the amount of compensation paid to our executive officers. Currently,
our board of directors determines the compensation to be paid to our executive officers based on our financial and operating performance
and prospects, and contributions made by the officers to our success. Each of our named executive officers is measured by a series of
performance criteria by the board of directors, or the compensation committee on a yearly basis. Such criteria are set forth based on
certain objective parameters such as job characteristics, required professionalism, management skills, interpersonal skills, related experience,
personal performance and overall corporate performance. The board of directors will make an independent evaluation of appropriate compensation
to key employees, with input from management. The board of directors has oversight of executive compensation plans, policies and programs.

Cash Compensation

In the fiscal year ended December
31, 2024, we expensed an aggregate of approximately $474,982 as salaries to our executive officers named in this annual report.

Equity Awards

In the fiscal year ended December
31, 2024, an aggregate of 7,726 Class A Shares were issued to our executive officers named in this annual report, pursuant to the 2022
Share Incentive Plan.

Other than salaries, fees
and share incentives, we do not otherwise provide pension, retirement or similar benefits