Company: FLDDW
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-004107
Chunk: 147

Company: Fold Holdings, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1
Chunk 147
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ating and corporate governance committee. The Board has determined that each of
the members of the nominating and corporate governance committee satisfy the independence requirements of Nasdaq. The functions of this
committee include, among other things:

●determining the qualifications, qualities, skills and other
expertise required to be a director of the Company, and developing and recommending to the Board for approval criteria to be considered
in selecting nominees for director;

●identifying, reviewing and making recommendations of candidates
to serve on the Board, including incumbent directors for reelection;

●evaluating the performance of the Board, committees of the
Board and individual directors and determining whether continued service on the Board is appropriate;

●periodically reviewing and making recommendations to the Board
regarding our process for stockholder communications with the Board, and making such recommendations to the Board with respect thereto;

●evaluating nominations by stockholders of candidates for election
to the Board;

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●evaluating the structure and organization of the Board and
its committees and making recommendations to the Board for approvals;

●considering possible conflicts of interest of officers and
directors as set forth in our code of business conduct;

●reviewing and considering environmental, social responsibility
and sustainability and governance matters, including working with management to establish and monitor key performance indicators with
respect to certain impact driven metrics, as it determines appropriate and making recommendations to the Board regarding, or taking action
with respect to, such matters;

●periodically reviewing our corporate governance guidelines
and code of business conduct and recommending to the Board any changes to such policies and principles;

●developing and periodically reviewing with our Chief Executive
Officer the plans for succession for our Chief Executive Officer and other executive officers, as it sees fit, and making recommendations
to the Board with respect to the selection of appropriate individuals to succeed to these positions;

●considering the Board’s leadership structure, including
the separation of the roles of chairperson of the Board and the Chief Executive Officer and/or the appointment of a lead independent
director;

●periodically reviewing the processes and procedures used by
us to provide information to the Board and its committees and the scope of such information and making recommendations to the Board and
management for improvement as appropriate; and

●reviewing periodically the nominating and corporate governance
committee charter and recommending any proposed changes to the Board, including undertaking an annual review of its own performance.

The composition and function of the nominating and corporate governance
committee complies with all applicable requirements of the Sar