Company: CDT
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001246
Chunk: 793

Company: CDT Equity Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 9B
Chunk 793
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 Ms. Farley and Mr. Fry is an “audit committee financial expert”
as defined in Item 407(d)(5)(ii) of Regulation S-K promulgated under the Securities Act.

76

Compensation
Committee

The
Compensation Committee assists the board of directors with its oversight of the forms and amount of compensation for executive officers
(including officers reporting under Section 16 of the Exchange Act), the administration of equity and non-equity incentive plans for
employees and other service providers and certain other matters related to compensation programs. The Compensation Committee, among other
responsibilities, evaluates the performance of our Chief Executive Officer and, in consultation with the Chief Executive Officer, evaluates
the performance of other executive officers (including officers reporting under Section 16 of the Exchange Act).

The
Compensation Committee is comprised of three members: Ms. Charles (Chairperson), Ms. Farley, and Mr. Fry. The composition of the Compensation
Committee meets the requirements for independence under the current Nasdaq and SEC rules and regulations. Each member of the Compensation
Committee is a “non-employee” director within the meaning of Rule 16b-3 promulgated under the Exchange Act.

Nominating
and Governance Committee

The
Nominating and Corporate Governance Committee assists the board of directors with its oversight of and identification of individuals
qualified to become members of the board of directors, consistent with criteria approved by the board of directors, and selects, or recommends
that the board of directors selects, director nominees; develops and recommends to the board of directors a set of corporate governance
guidelines; oversees the evaluation of the board of directors; and reviews the environmental, safety, sustainability, and corporate social
responsibility policies, objectives, and practices on a periodic basis.

The
Nominating and Corporate Governance Committee is comprised of two members: Dr. Lewis-Hall (Chairperson) and Ms. Charles. The composition
of the Nominating and Corporate Governance Committee meets the requirements for independence under the current Nasdaq and SEC rules and
regulations.

Compensation
Committee Interlocks and Insider Participation

No
member of our Compensation Committee was at any time during fiscal year 2024, or at any other time, one of our officers or employees.
None of our executive officers have served as a director or member of a compensation committee (or other committee serving an equivalent
function) of any entity, one of whose executive officers served as a director of our board of directors or member