Company: FLYE
Filing Date: 2025-07-15
Form Type: 10-K
Source: 0001213900-25-064293
Chunk: 910

Company: Fly-E Group, Inc.
Filing Date: 2025-07-15
Form: 10-K
Item: Item 4
Chunk 910
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of the independent auditor;

●evaluating whether the provision of permitted non-audit services
is compatible with maintaining the auditor’s independence;

●reviewing and discussing the audit results, including any
comments and recommendations of the independent auditor and the responses of management to such recommendations;

●reviewing and discussing the annual and quarterly financial
statements with management and the independent auditor;

●producing a committee report for inclusion in applicable
SEC filings;

●reviewing the adequacy and effectiveness of internal controls
and procedures;

●establishing procedures regarding the receipt, retention
and treatment of complaints received regarding the accounting, internal accounting controls, or auditing matters and conducting or authorizing
investigations into any matters within the scope of the responsibility of the Audit Committee; and

●reviewing transactions with related persons for potential
conflict of interest situations.

Compensation Committee. Our Compensation
Committee consists of three independent directors. The members of the Compensation Committee are Lun Feng, Bin Wang and Zanfeng Zhang,
with Mr. Feng serving as the committee chair. The committee has primary responsibility for:

●reviewing and recommending all elements and amounts of compensation
for each executive officer, including any performance goals applicable to those executive officers;

●reviewing and recommending for approval the adoption, any
amendment and termination of all cash and equity-based incentive compensation plans;

●once required by applicable law, causing to be prepared a
committee report for inclusion in applicable SEC filings;

●approving any employment agreements, severance agreements
or change of control agreements that are entered into with the CEO and certain executive officers; and

●reviewing and recommending the level and form of non-employee
director compensation and benefits.

47

Nominating and Governance Committee. The
Nominating and Governance Committee consists of three independent directors. The members of the Nominating and Governance Committee are
Zanfeng Zhang, Bin Wang and Lun Feng, with Mr. Zhang serving as the committee chair. The Nominating and Governance Committee’s
responsibilities include:

●recommending persons for election as directors by the stockholders;

●recommending persons for appointment as directors to the
extent necessary to fill any vacancies or newly created directorships;

●reviewing annually the skills and characteristics required
of directors and each incumbent director’s continued service on the board;

●reviewing any stockholder proposals and nominations for directors;

●advising the board of directors on the appropriate structure
and operations of the board and