Company: CDAQF
Filing Date: 2025-03-25
Form Type: 10-K
Source: 0001641172-25-000421
Chunk: 892

Company: Compass Digital Acquisition Corp.
Filing Date: 2025-03-25
Form: 10-K
Item: Item 5
Chunk 892
---
ominating Committee.

We
have adopted a charter of the Nominating Committee, which details the purpose and responsibilities of the Nominating Committee, including:

    ●
    identifying,
    screening and reviewing individuals qualified to serve as directors, consistent with criteria approved by the Board, and recommending
    to the Board of Directors candidates for nomination for appointment at the annual general meeting or to fill vacancies on the Board
    of Directors; 

    ●
    developing
    and recommending to the Board of Directors and overseeing implementation of our corporate governance guidelines; 

    ●
    coordinating
    and overseeing the annual self-evaluation of the Board of Directors, its committees, individual directors and Management in the governance
    of the company; and

    ●
     reviewing
    on a regular basis our overall corporate governance and recommending improvements as and when necessary. 

The
charter of the Nominating Committee also provides that the Nominating Committee may, in its sole discretion, retain or obtain the advice
of, and terminate, any search firm to be used to identify director candidates, and will be directly responsible for approving the search
firm’s fees and other retention terms.

We
have not formally established any specific, minimum qualifications that must be met or skills that are necessary for directors to possess.
In general, in identifying and evaluating nominees for director, the Board of Directors considers educational background, diversity of
professional experience, knowledge of our business, integrity, professional reputation, independence, wisdom, and the ability to represent
the best interests of our shareholders. Prior to our initial Business Combination, holders of our Public Shares do not have the right
to recommend director candidates for nomination to our Board of Directors.

45

Code
of Ethics

We
have adopted a Code of Business Conduct and Ethics (the “Code of Ethics”) applicable to our directors, officers and
employees. We have filed a copy of our Code Ethics as an exhibit to this Report. You may review the Code of Ethics by accessing our
public filings at the SEC’s website at www.sec.gov. In addition, a copy of the Code Ethics and the charters of the
committees of our Board of Directors will be provided without charge upon request from us. If we make any amendments to our Code
Ethics other than technical, administrative or other non-substantive amendments, or grant any waiver, including any implicit waiver,
from a provision of the Code of Ethics applicable to our principal executive officer, principal financial officer, principal
account