Company: SEAH
Filing Date: 2025-08-29
Form Type: DRS/A
Source: 0001213900-25-082696
Chunk: 121

Company: Seahawk Recycling Holdings, Inc.
Filing Date: 2025-08-29
Form: DRS/A
Chunk 121
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 NASDAQ Listing Rules. The audit committee will oversee our accounting and financial reporting processes and the audits of the financial statements of our Company. The audit committee will be responsible for, among other things: •appointing the independent auditors and pre -approvingall auditing and non -auditingservices permitted to be performed by the independent auditors; •reviewing with the independent auditors any audit problems or difficulties and management’s response; •discussing the annual audited financial statements with management and the independent auditors; •reviewing the adequacy and effectiveness of our accounting and internal control policies and procedures and any steps taken to monitor and control major financial risk exposures; •reviewing and approving all proposed related party transactions; •meeting separately and periodically with management and the independent auditors; and •monitoring compliance with our code of business conduct and ethics, including reviewing the adequacy and effectiveness of our procedures to ensure proper compliance. Compensation Committee.Our compensation committee will consist of Lin Yang, Biwang Zhang, and [ ], upon the effectiveness of their appointments. Biwang Zhang will be the chairman of our compensation committee. We have determined that Lin Yang, Biwang Zhang, and [ ] will satisfy the “independence” requirements of Section 5605(a)(2) of the NASDAQ Listing Rules and Rule 10A -3under the Securities Exchange Act. The compensation committee 91 will assist the board in reviewing and approving the compensation structure, including all forms of compensation, relating to our directors and executive officers. Our chief executive officer may not be present at any committee meeting during which his compensation is deliberated. The compensation committee will be responsible for, among other things: •reviewing and approving to the board with respect to the total compensation package for our most senior executive officers; •approving and overseeing the total compensation package for our executives other than the most senior executive officers; •reviewing and recommending to the board with respect to the compensation of our directors; •reviewing periodically and approving any long -termincentive compensation or equity plans; •selecting compensation consultants, legal counsel or other advisors after taking into consideration all factors relevant to that person’s independence from management; and •programs or similar arrangements, annual bonuses, employee pension and welfare benefit plans. Nominating and Corporate Governance Committee.Our nominating and corporate governance committee will consist of Lin Yang, Biwang Zhang, and [ ], upon the effectiveness of their appointments. [ ] will be the chairperson of our nominating and corporate governance committee. We have determined that Lin