Company: SPPL
Filing Date: 2025-04-08
Form Type: 20-F
Source: 0001641172-25-003217
Chunk: 77

Company: SIMPPLE LTD.
Filing Date: 2025-04-08
Form: 20-F
Item: Item 6
Chunk 77
---
 and                                                                                                     
  overseeing our regulatory compliance with respect to compensation matters, including our policies on restrictions on compensation plans and loans to Directors and Executive Officers.  

Nominating
and Corporate Governance Committee.

Our
nominating and corporate governance committee consists of Mr. Chua Yeow Tong, Mr. Guo Longin and Mr. Tang Shaun Youwei and is chaired
by Mr. Chua Yeow Tong. We have determined that each member of our Nominating and Corporate Governance Committee will satisfy the “independence”
requirements of Rule5605(c)(2) of the Listing Rules of the Nasdaq. The nominating and corporate governance committee assists the board
in selecting individuals qualified to become our Directors and in determining the composition of the Board and its committees. The Nominating
and Corporate Governance Committee is responsible for, among other things:

  recommending nominees to the Board for election or re-election to the Board, or for appointment to fill any vacancy on the Board;                                                                     
  reviewing annually with the Board the current composition of the Board with regards to characteristics such as independence, knowledge, skills, experience, expertise, diversity and availability...  
  developing and recommending to our Board such policies and procedures with respect to nomination or appointment of members of our Board and chairs and members of its committees or other corpora...  
  selecting and recommending to the Board the names of Directors to serve as members of the Audit Committee and the Compensation Committee, as well as of the Nominating and Corporate Governance C...  
  evaluating the performance and effectiveness of the Board as a whole.                                                                                                                                 

  63  

  Table of Contents  

Foreign
Private Issuer Exemption

We
are a “foreign private issuer,” as defined by the SEC. As a result, in accordance with the rules and regulations of Nasdaq,
we may choose to comply with home country governance requirements and certain exemptions thereunder rather than complying with Nasdaq
corporate governance standards. We may choose to take advantage of the following exemptions afforded to foreign private issuers:

  Exemption from filing quarterly reports on Form 10-Q, from filing proxy solicitation materials on Schedule 14A or 14C in connection with annual or special meetings of shareholders, from providi...  
  Exemption from Section 16 rules regarding sales of Shares by insiders, which will provide less data in this regard than shareholders of U. S. companies that are subject to the Exchange Act.         
  Exemption from the Nasdaq rules applicable to domestic issuers requiring disclosure