Company: TPET
Filing Date: 2025-01-17
Form Type: 10-K
Source: 0001493152-25-002760
Chunk: 1948

Company: Trio Petroleum Corp.
Filing Date: 2025-01-17
Form: 10-K
Item: Item 9A
Chunk 1948
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ice (chairperson) and John Randall. Each of the members
of our Nominating and Corporate Governance Committee is an independent director under the applicable rules and regulations of the NYSE
American relating to nominating and corporate governance committee independence. The Nominating and Corporate Governance Committee operates
under a written charter that satisfies the applicable standards of the SEC and the NYSE American.

Compensation
Committee Interlocks and Insider Participation

No
member of our compensation committee is a current or former officer or employee. None of our executive officers served as a director
or a member of a compensation committee (or other committee serving an equivalent function) of any other entity, one of whose executive
officers served as a director or member of our compensation committee during the last completed fiscal year.

Code
of Ethics and Code of Conduct

We
have adopted a written code of business conduct and ethics that applies to our directors, officers and employees, including our principal
executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions.
Our code of business conduct and ethics is available under the Corporate Governance section of our website at www.trio-petroleum.com.
In addition, we have posted on our website all disclosures that are required by law or the rules of the NYSE American concerning any
amendments to, or waivers from, any provision of the code. The reference to our website address does not constitute incorporation by
reference of the information contained at or available through our website, and you should not consider it to be a part of this Annual
Report.

Insider
Trading Policies

On
November 27, 2023, we adopted insider trading policies and procedures governing the purchase, sale, and/or other dispositions of our
securities by directors, officers and employees, which are reasonably designed to promote compliance with insider trading laws, rules
and regulations, and applicable Nasdaq listing standards (the “Insider Trading Policy”).

The
foregoing description of the Insider Trading Policy does not purport to be complete and is qualified in its entirety by the terms and
conditions of the Insider Trading Policy, a copy of which is attached hereto as Exhibit 19.1 and is incorporated herein by reference.

ITEM
11. EXECUTIVE COMPENSATION

Overview

We
are currently considered a “smaller reporting company” for purposes of the SEC’s executive compensation and other disclosure
rules. In accordance with such rules, we are required to provide a Summary Compensation Table and an