Company: GDSTR
Filing Date: 2025-06-16
Form Type: 10-K
Source: 0001213900-25-054825
Chunk: 255

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-06-16
Form: 10-K
Item: Item 1B
Chunk 255
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 stockholders that wish to nominate a director for election to the Board should follow the procedures set forth in our certificate
of incorporation. The nominating committee does not distinguish among nominees recommended by stockholders and other persons.

Compensation
Committee

We
have established a compensation committee of the board of directors, which consists of Jonathan McKeage, Pin Tai, and Nan Sun, each of
whom is an independent director under Nasdaq’s listing standards. Jonathan McKeage is the Chairperson of the compensation committee.
The compensation committee’s duties, which are specified in our Compensation Committee Charter, include, but are not 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 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;

●if
                                            required, 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.

Notwithstanding
the foregoing, as indicated above, no compensation of any kind, including finders, consulting or other similar fees, will be paid to
any of our existing stockholders, including our directors or any of their respective affiliates, prior to, or for any services they render
in order to effectuate, the consummation of a business combination. Accordingly, it is likely that prior to the consummation of an initial
business combination, the compensation committee will only be responsible for the review and recommendation of any compensation arrangements
to be entered into in connection with such initial business combination.

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Code of
Ethics

We
have adopted a code of conduct and ethics applicable to our directors, officers and employees in accordance with applicable federal securities
laws. We have filed a copy of our Code of Ethics as an exhibit to our Registration Statement on Form S