Company: SDAWW
Filing Date: 2025-04-28
Form Type: 20-F
Source: 0001213900-25-036086
Chunk: 143

Company: SunCar Technology Group Inc.
Filing Date: 2025-04-28
Form: 20-F
Item: Item 6
Chunk 143
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ITEM 6. DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES

A. Directors and Executive Officers

See
“ Item 1. Identity of Directors, Senior Management and Advisers - A. Directors and Senior Management.”

B. Compensation

Compensation
of Directors and Executive Officers

For the year ended December
31, 2024, we paid an aggregate of approximately RMB1.78 million (US$0.24 million) in cash and benefits to our directors and executive
officers. We have not set aside or accrued any amount to provide pension, retirement or other similar benefits to our executive
officers and directors. Our PRC subsidiaries are required by law to make contributions equal to certain percentages of each employee’s
salary for his or her pension insurance, medical insurance, unemployment insurance and other statutory benefits and a housing provident
fund.

C. Board Practices

Board
of Directors

SunCar’s Board of Directors
consists of five directors, including three independent directors, namely Haidong Zhang, Lin Bao, and Yongsheng Liu. A director is not
required to hold any shares in SunCar to qualify as a director. The Listing Rules of the Nasdaq generally require that a majority of an
issuer’s board of directors must consist of independent directors.

A director who is in any way,
whether directly or indirectly, interested in a contract or proposed contract with SunCar is required to declare the nature of his or
her interest at a meeting of SunCar’s directors. A general notice given to the directors by any director to the effect that he or
she is a member, shareholder, director, partner, officer or employee of any specified company or firm and is to be regarded as interested
in any contract or transaction with that company or firm shall be deemed a sufficient declaration of interest for the purposes of voting
on a resolution in respect to a contract or transaction in which he/she has an interest, and after such general notice it shall not be
necessary to give special notice relating to any particular transaction. A director may vote in respect of any contract or proposed contract
or arrangement notwithstanding that he/she may be interested therein and if he/she does so, his/her vote shall be counted and he/she may
be counted in the quorum at any meeting of the directors at which any such contract or proposed contract or arrangement is considered.
SunCar’s Board of Directors may exercise all of the powers to borrow money, to mortgage or charge its undertaking, property and
uncalled