Company: VMCWF
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001827
Chunk: 449

Company: Valuence Merger Corp. I
Filing Date: 2025-03-31
Form: 10-K
Item: Item 2
Chunk 449
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 including any correspondence with regulators or government agencies and any employee complaints or published
    reports that raise material issues regarding our financial statements or accounting policies and any significant changes in accounting
    standards or rules promulgated by the Financial Accounting Standards Board, the SEC or other regulatory authorities.

Nominating
and Corporate Governance Committee

We
have established a nominating and corporate governance committee. The members of our nominating and corporate governance are John Kim,
Gary Wunderlich and Dr. Zhe Zhang. John Kim serves as chair of the nominating and corporate governance committee. John Kim, Gary Wunderlich
and Dr. Zhe Zhang meet the independent director standard under Nasdaq listing standards applicable to members of the nominating and corporate
governance committee.

The
primary purposes of our nominating and corporate governance committee are to assist the Board of Directors in:

●identifying,
                                            screening and reviewing individuals qualified to serve as directors and recommending to the
                                            Board of Directors candidates for nomination for appointment at the annual general meeting
                                            or to fill vacancies on the Board of Directors;

●developing
                                            and recommending to the Board of Directors and overseeing implementation of our corporate
                                            governance guidelines;

●coordinating
                                            and overseeing the annual self-evaluation of the Board of Directors, its committees, individual
                                            directors and management in the governance of the Company; and

●reviewing
                                            on a regular basis our overall corporate governance and recommending improvements as and
                                            when necessary.

The
nominating and corporate governance committee is governed by a charter that complies with the rules of Nasdaq. Our shareholders that
wish to nominate a director for appointment to our Board of Directors should follow the procedures set forth in our memorandum and articles
of association and the charter of the nominating and corporate governance committee.

We
have not formally established any specific, minimum qualifications that must be met or skills that are necessary for directors to possess.
In general, in identifying and evaluating nominees for director, the Board of Directors considers educational background, diversity of
professional experience, knowledge of our business, integrity, professional reputation, independence, wisdom, and the ability to represent
the best interests of our shareholders.

Compensation
Committee

We
have established a compensation committee of the Board of Directors. Messrs. Gary Wunderlich, Dr. Joong Myung Cho and Young Min Kim serve
as members of our compensation committee, and Gary Wunderlich chairs the compensation committee. Under Nasdaq listing standards and applicable
SEC