Company: ALCE
Filing Date: 2025-06-06
Form Type: 10-K
Source: 0001213900-25-052242
Chunk: 748

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-06-06
Form: 10-K
Item: Item 1B
Chunk 748
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ensation Committee.
The Compensation Committee consists of one director: Rolf Wikborg, which is “independent” as defined by Nasdaq. The Compensation
Committee’s duties are specified in a charter and include, but not be limited to:

    ●
    reviewing and approving
    on an annual basis the corporate goals and objectives relevant to our chief executive officer’s compensation, evaluating our
    chief executive officer’s performance in light of such goals and objectives and determining and approving the remuneration
    (if any) of our chief executive officer’s based on such evaluation;

    ●
    reviewing and approving
    the compensation of all of our other Section 16 executive officers;

    ●
    reviewing our executive
    compensation policies and plans;

    ●
    implementing and administering
    our incentive compensation equity-based remuneration plans;

    ●
    assisting management in
    complying with our proxy statement and annual report disclosure requirements;

    ●
    approving all special perquisites,
    special cash payments and other special compensation and benefit arrangements for our executive officers and employees;

    ●
    producing a report on executive
    compensation to be included in our annual proxy statement; and

    ●
    reviewing, evaluating and
    recommending changes, if appropriate, to the remuneration for directors.

The charter provides that
the compensation committee may, in its sole discretion, retain or obtain the advice of a compensation consultant, legal counsel or other
adviser and will be directly responsible for the appointment, compensation and oversight of the work of any such adviser. However, before
engaging or receiving advice from a compensation consultant, external legal counsel or any other adviser, the compensation committee
will consider the independence of each such adviser, including the factors required by the SEC.

77

Nomination and Corporate
Governance Committee. The Nominating and Corporate Governance Committee consists of two directors: Rolf Wikborg and
Tone Bjornov. Tone Bjornov serves as the nominating and corporate governance committee chairman. The Nominating and Corporate Governance
Committee’s duties are specified in a charter and include, but not be limited to:

    ●
    assist the Board by identifying
    qualified candidates for director nominees, and to recommend to the Board of Directors the director nominees for the next annual
    meeting of stockholders;

    ●
    lead the Board in its annual
    review of its performance;

    ●
    recommend to the Board
    director nominees for each committee