Company: NCL
Filing Date: 2025-09-26
Form Type: S-1
Source: 0001575872-25-000602
Chunk: 73

Company: Northann Corp.
Filing Date: 2025-09-26
Form: S-1
Chunk 73
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 | - |     |        | - |     |              | - |     |       | 120,000 |
| Sunny S. Prasad                                                                     |     |        | 2024 |     |        | 100,000 |     |       | - |     |        | - |     |              | - |     |       | 100,000 |
| Interim Chief Financial Officer(1)                                                  |     |        | 2023 |     |        |       - |     |       | - |     |        | - |     |              | - |     |       |       - |
| David M. Kratochvil                                                                 |     |        | 2024 |     |        |  55,000 |     |       | - |     |        | - |     |              | - |     |       |  55,000 |
| Former Chief Financial Officer(2)                                                   |     |        | 2023 |     |        |  20,000 |     |       | - |     |        | - |     |              | - |     |       |  20,000 |
| Kurtis W. Winn                                                                      |     |        | 2024 |     |        | 100,000 |     |       | - |     |        | - |     |              | - |     |       | 100,000 |
| Chief Operating Officer and Director                                                |     |        | 2023 |     |        | 100,000 |     |       | - |     |        | - |     |              | - |     |       | 100,000 |

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

(2) On April 15, 2024, Mr. Kratochvil resigned as the CFO.

Non-Employee Director Compensation

Currently, our non-employee
directors receive a cash and equity compensation on a yearly basis, payable each quarter. Each of Messrs. Lalonde and Powell receives
$20,000 in cash and $30,000 in equity. Mr. Patel receives $15,000 in cash and $25,000 in equity, payable each quarter. In addition, we
reimburse all of our non-employee directors for travel and other necessary business expenses incurred in the performance of director services
and extend coverage to them under our directors’ and officers’ indemn