Company: APT
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0001437749-25-013635
Chunk: 19

Company: ALPHA PRO TECH LTD
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 19
---
 compensation programs, plans and practices in order to determine if there are incentives that could result in risks that could have such an effect on the Company.

Nominating/Governance Committee

The purposes of the Nominating/Governance Committee are to identify and recommend to the Board candidates for nomination or appointment as directors, review and recommend to the Board appointments to Board committees, develop and recommend to the Board corporate governance guidelines for the Company and any changes to those guidelines, review the Company’s Code of Business Conduct and Ethics and certain other policies and programs intended to promote compliance by the Company with its legal and ethical obligations, and oversee the Board’s annual evaluation of its own performance. The specific functions and responsibilities of the Nominating/Governance Committee are set forth in more detail in the committee’s charter.

Each of the members of the committee is independent within the meaning of the NYSE American listing standards. The Nominating/Governance Committee, currently consisting of Messrs. James Buchan (Chairman), David R. Garcia and Benjamin A. Shaw, met one (1) time in 2024.

Consideration of Director-Nominees

Selection Criteria

Criteria that are used by the Nominating/Governance Committee in connection with evaluating and selecting new directors include factors relating to whether the candidate would meet the definition of “independent” as defined by the applicable NYSE American listing standards, as well as the candidate’s skills, occupation and experience in the context of the needs of the Board. The Board believes that the backgrounds and qualifications of the directors, considered as a group, should provide a significant composite mix of experience, knowledge and abilities that will allow the Board to fulfill its responsibilities.

The Nominating/Governance Committee continually reviews the qualifications and responsibilities of all directors in consideration of the Board’s overall responsibility to shareholders. The director nomination process is designed to ensure that the Board considers members with diverse backgrounds, with a focus on appropriate financial and other expertise relevant to the Company’s business, and also considers issues of judgment, conflicts of interest, integrity, ethics and commitment to the goal of maximizing shareholder value. The goal of this process is to assemble a group of directors with deep, varied experience, sound judgment and commitment to the Company’s success. For a discussion of the individual experience and qualifications of our directors, please refer to the section entitled “Proposal 1 – Election of Directors; Information About Director-Nominees” appearing earlier in this Proxy Statement.

<div align='center'>12</div>

Process for