Company: PMVC
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001013762-25-003340
Chunk: 622

Company: PMV Consumer Acquisition Corp.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 7
Chunk 622
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 Committee

Effective September 21, 2020, we established a
nominating committee of the board of directors, which presently consists of Susan V. Watson and Daniel E. Zucchi, each of whom is an independent
director. The nominating committee is responsible for overseeing the selection of persons to be nominated to serve on our board of directors.
The nominating committee considers persons identified by its members, management, stockholders, investment bankers and others.

During the fiscal year ended December 31, 2024,
our nominating committee did not hold any meetings.

Guidelines for Selecting Director Nominees 

The guidelines for selecting nominees, which are
specified in the Nominating Committee Charter, generally provide for the assessment of the following criteria:

    ●
    Whether the candidate is independent.

    ●
    Whether the candidate is accomplished in his or her field and has a reputation, both personal and professional, that is consistent with the image and reputation of the Company.

    ●
    Whether the candidate is financially literate, i.e. has the ability to read and understand basic financial statements. The Nominating Committee also will determine if a candidate has accounting or related financial management expertise and/or satisfies the criteria for being an “audit committee financial expert,” as defined by the Securities and Exchange Commission.

    ●
    Whether the candidate has relevant experience and expertise and would be able to provide insights and practical wisdom based upon that experience and expertise.

    ●
    Whether the candidate has knowledge of the Company and issues affecting the Company.

    ●
    Whether the candidate is committed to enhancing stockholder 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.

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

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The Nominating Committee will consider a number