Company: XTIA
Filing Date: 2025-10-10
Form Type: DEF 14A
Source: 0001213900-25-098157
Chunk: 19

Company: XTI Aerospace, Inc.
Filing Date: 2025-10-10
Form: DEF 14A
Chunk 19
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 our financial statements and management’s conduct of the accounting and financial reporting processes; •oversee management’s maintenance of internal controls and procedures for financial reporting; •oversee our compliance with applicable legal and regulatory requirements, including without limitation, those requirements relating to financial controls and reporting; •oversee the independent auditor’s qualifications and independence; •oversee the performance of the independent auditors, including the annual independent audit of our financial statements; •prepare the report required by the rules of the SEC to be included in our Proxy Statement; and •discharge such duties and responsibilities as may be required of the Audit Committee by the provisions of applicable law, rule or regulation. The Audit Committee is authorized to establish procedures to receive, address, monitor, and retain complaints arising out of accounting and auditing matters. As it deems appropriate, the Audit Committee is authorized to engage outside auditors, counsel, or other experts. A copy of the charter of the Audit Committee is available on our website at http://www.xtiaerospace.com(under “Investors/Governance/Governance Documents”). Compensation Committee The Compensation Committee consists of Mr. Brody (Chair), Ms. Axton and Mr. Irfan. Subject to Mr. Weber’s election at the Annual Meeting, the Compensation Committee is expected to consist of Mr. Irfan (Chair), Ms. Axton, Mr.Brody and Mr. Weber. The Board determined that each current and proposed member of the Compensation Committee is “independent” as defined under Nasdaq Listing Rule 5605(a)(2). The Compensation Committee met three (3) times during 2024. All members attended 75% or more of such committee meetings. The role of the Compensation Committee is to: •develop and recommend to the independent directors of the Board the annual compensation (base salary, bonus, stock options and other benefits) for our directors and officers; •review, approve and recommend to the independent directors of the Board the annual compensation (base salary, bonus and other benefits) for all of our Executive Officers (as used in Section 16 of the Exchange Act and defined in Rule 16a -1thereunder); •review, approve and recommend to the Board the annual profit -sharingcontribution, aggregate number of equity grants and other benefits to be granted to all other employees; •review, the management’s succession planning process in consultation with CEO, and provide report to the Board on Company’s leadership succession planning for the CEO and other executive officers, on annual basis; and