Company: CHUC
Filing Date: 2025-07-03
Form Type: DEFR14A
Source: 0001437749-25-022145
Chunk: 16

Company: Charlie's Holdings, Inc.
Filing Date: 2025-07-03
Form: DEFR14A
Chunk 16
---
 public accounting firm, the scope and results of their audit; |

| ● | approving all audit and permissible non-audit services to be performed by the Company’s independent registered public accounting firm; |

| ● | overseeing the financial reporting process and discussing with management and the Company’s independent registered public accounting firm the quarterly and annual financial statements that we with the SEC; |

| ● | overseeing the Company’s financial and accounting controls and compliance with legal and regulatory requirements; |

| ● | reviewing the Company’s policies on risk assessment and risk management; |

| ● | reviewing related person transactions; and |

| ● | establishing procedures for the confidential anonymous submission of concerns regarding questionable accounting, internal controls or auditing matters. |

The Company’s Audit Committee consists of Messrs. Cohen (Chair) and Fox, with Mr. Cohen serving as chair. The parties have affirmatively determined that each member of the Audit Committee qualifies as independent under Nasdaq/NYSE rules applicable to board members generally and under Nasdaq rules and Exchange Act Rule 10A-3 specific to Audit Committee members. All members of the Company’s Audit Committee meet the requirements for financial literacy under the applicable Nasdaq/NYSE rules. In addition, the parties also believe that Mr. Cohen qualifies as an “audit committee financial expert,” as that term is defined in Item 401(h) of Regulation S-K. During the fiscal year ended December 31, 2024, our audit committee met four times.

<div align='center'>DIRECTOR COMPENSATION FOR 2024</div>

The Company’s Director Compensation Plan currently provides that non-employee directors receive (a) a $60,000 annual retainer, payable in equal monthly installments in cash and (b) reimbursement for expenses related to Board meeting attendance and committee participation. The Company’s Board of Directors elected to suspend cash compensation beginning in November 2024. Directors that were also employees of the Company did not receive additional compensation for serving on the Board.

The following table discloses certain information concerning the compensation of the Company’s non-employee directors for the year ended December 31, 2024:

| Name            |     | Fees Earned or 
 Paid in Cash   
 ($)            |        |     | Stock   
 Awards  
 ($) (1) |   |     | Total 
 ($)   |        |
|:----------------|:----|:---------------|-------:|:----|:--------|:--|:----|:------|-------:|
| Scot Cohen      |     | $              |