Company: HCTI
Filing Date: 2025-09-30
Form Type: PRE 14A
Source: 0001213900-25-093966
Chunk: 18

Company: Healthcare Triangle, Inc.
Filing Date: 2025-09-30
Form: PRE 14A
Chunk 18
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 Board of Directors (the “Board”) of Healthcare Triangle, Inc. (the “Company”). The audit
committee consists of the three directors whose names appear below. None of the members of the audit committee is an officer or employee
of the Company, and the Board has determined that each member of the audit committee is “independent” for audit committee
purposes as that term is defined under Rule 10A-3 of the Exchange Act, and the applicable rules of the Nasdaq. Each member of the audit
committee meets the requirements for financial literacy under the applicable rules and regulations of the SEC and the Nasdaq. The Board
has designated Mr. McClurg as an “audit committee financial expert,” as defined under the applicable rules of the SEC. The
audit committee operates under a written charter adopted by the Board.

The audit committee’s general role is to
assist the Board in monitoring our financial reporting process and related matters. Its specific responsibilities are set forth in its
charter.

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The audit committee has reviewed the Company’s
consolidated financial statements for 2024 and met with management, as well as with representatives of our independent registered public
accounting firm, to discuss the financial statements. The audit committee also discussed with members of M&K CPAS, PLLC, our former
independent registered public accounting firmm the matters required to be discussed by the Auditing Standard No. 1301, “Communication
with Audit Committees,” as adopted by the Public Company Accounting Oversight Board.

In addition, the audit committee received the
written disclosures and the letter from SRCO Professional Corporation, Chartered Professional Accountants required by applicable requirements
of the Public Company Accounting Oversight Board regarding the independent accountant’s communications with the audit committee
concerning independence and discussed with members of SRCO Professional Corporation, Chartered Professional Accountants its independence.

Based on these discussions, the financial statement
review, and other matters it deemed relevant, the audit committee recommended to the Board that the Company’s audited consolidated
financial statements for 2024 be included in its Annual Report on Form 10-K for 2024.

The information contained in this audit committee
report shall not be deemed to be “soliciting material,” “filed” or incorporated by reference into any past or
future filing under the Securities Exchange Act of 1934 or the Securities Act of 1933 unless and only to the extent that the Company
specifically incorporates it by reference.

Signed