Company: VEEAW
Filing Date: 2025-08-12
Form Type: S-1/A
Source: 0001213900-25-074676
Chunk: 134

Company: VEEA INC.
Filing Date: 2025-08-12
Form: S-1/A
Chunk 134
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 number of stock and option awards 
 held by each director was as follows:                                    |

| ● | Douglas                                                 
 Maine holds 19,619 option awards and 81,116 RSU awards; |

| ● | Mr.                          
 Roy holds 81,116 RSU awards; |

| ● | Mr.                            
 Black holds 81,116 RSU awards; |

| ● | Mr.                                  
 Antunes holds 81,116 RSU awards; and |

| ● | Mr.                            
 Cohen holds 81,116 RSU awards. |

| (3) | Consists of grants of RSUs. Reflects the aggregate grant date fair                                                                    
 value of any RSUs granted, determined in accordance with Financial Accounting Standards Board Accounting Standards Codification Topic 
 718, Compensation—Stock Compensation. Assumptions used in the calculation of this amount are included in Note 10, Stock Incentive     
 Plans to the Consolidated Financial Statements included in this prospectus. This amount does not reflect the actual economic value    
 that will ultimately be realized by each director.                                                                                    |

Our non-employee director compensation program provides for annual retainer fees and/or equity awards for our non-employee directors as summarized below. In 2024, non-employee directors received an annual cash retainer of $20,000 and an equity award in the form of RSUs, as set forth above. 85

| Position                                            |     | Annual Cash Retainer |        |
|:----------------------------------------------------|:----|:---------------------|-------:|
| Non-Executive Member of Board                       |     | $                    | 35,000 |
| Audit Committee Chair                               |     |                      | 15,000 |
| Other Audit Committee Member                        |     |                      |  7,500 |
| Compensation Committee Chair                        |     |                      | 10,000 |
| Other Compensation Committee Member                 |     |                      |  5,000 |
| Nominating and Corporate Governance Committee Chair |     |                      |  7,500 |
| Other Nominating and Corporate Governance Member    |     |                      |  4,000 |

Compensation under our non-employee director compensation policy will be subject to the annual limits on non-employee director compensation set forth in the 2024 Incentive Plan, as described above. Our board of directors or its authorized committee may modify the non-employee director compensation program from time to time in the exercise of its business judgment, taking into account such factors, circumstances