Company: CMTV
Filing Date: 2025-04-09
Form Type: DEF 14A
Source: 0001174947-25-000534
Chunk: 44

Company: COMMUNITY BANCORP /VT
Filing Date: 2025-04-09
Form: DEF 14A
Chunk 44
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 the appointment of BerryDunn as the Company’s independent registered public accounting firm for 2025. If the shareholders fail to ratify this appointment, the Audit Committee may reconsider whether to retain BerryDunn and may retain that firm or another firm without resubmitting the matter to the shareholders. Pre-Approval Required for Services of Independent Auditors As part of its duties, the Audit Committee is required to pre-approve audit and non-audit services performed by the Company’s independent auditors, in order to ensure that the provision of such services does not impair the auditors’ independence. Under applicable law, certain services may not be performed by the auditors under any circumstances. Consistent with these legal requirements, the Audit Committee’s charter provides that all permitted services must be approved by the Audit Committee in advance. However, the Audit Committee may delegate this authority to a member of the Committee, who is required to inform the entire Committee of any approval taken pursuant to that delegated authority. The Audit Committee does not delegate to management its responsibilities to pre-approve services performed by the independent auditors. Each of the services performed by BerryDunn described under the captions below was pre-approved by the Audit Committee. 29 Fees Paid to Independent Auditors The following table summarizes the fees billed for professional services rendered by BerryDunn for each of the last two calendar years:

|                    | December 31, | December 31, |
| Fees               |         2024 |         2023 |
| Audit Fees         |     $252,050 |     $214,609 |
| Audit-Related Fees |            0 |          930 |
| Tax Fees           |       23,735 |       28,280 |
| All Other Fees     |            0 |            0 |
| Total              |     $275,785 |     $243,819 |

Audit Fees.The aggregate audit fees billed for professional services rendered by BerryDunn related to the audit of the Company’s annual financial statements included in each of the Company’s Forms 10-K, review of financial statements included in each of the Company’s Forms 10-Q and audit of the Company’s Retirement Savings Plan, for the years ended December 31, 2024 and 2023. Audit-Related Fees.The aggregate fees billed for assurance and related services rendered by BerryDunn related to the performance of the audit or review of the Company’s financial statements in the years ended December 31, 2024, and 2023. These services related to