Company: COOT
Filing Date: 2025-10-23
Form Type: 20-F
Source: 0001493152-25-019123
Chunk: 53

Company: Australian Oilseeds Holdings Ltd
Filing Date: 2025-10-23
Form: 20-F
Item: Item 6
Chunk 53
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, the Board has determined that Mr. Gowri Shankar
qualifies as an “audit committee financial expert” as defined by SEC rules.

  36  

Compensation
Committee

The
Compensation Committee (i) assists the Board in discharging its responsibilities with respect to compensation of the Company’s
executive officers and directors, (ii) evaluates the performance of the executive officers of the Company, and (iii) administers the
Company’s stock and incentive compensation plans and recommends changes in such plans to the Board as needed. Our Board has determined
that each member of the Compensation Committee is independent under Nasdaq’s director independence standards and applicable SEC
rules. Among other things, our Compensation Committee is responsible for:

  evaluating                                                                                                            
  evaluating                                                                                                            
  reviewing                                                                                                             
  administering                                                                                                         
  reviewing                                                                                                             

The
Compensation Committee may form and delegate responsibility to subcommittees as it deems necessary or appropriate, provided that any
subcommittee must meet all applicable independence requirements.

Nominating
and Corporate Governance Committee

The
Nominating and Corporate Governance Committee assists the Board in (i) identifying qualified individuals to become directors, (ii) determining
the composition of the Board and its committees, (iii) developing succession plans for executive officers, (iv) monitoring a process
to assess Board effectiveness, and (v) developing and implementing the Company’s corporate governance procedures and policies.
Our Board has determined that each member of the Nominating and Corporate Governance Committee is independent under Nasdaq’s director
independence standards and applicable SEC rules.

The
Nominating and Corporate Governance Committee considers candidates recommended by shareholders as well as from other sources such as
other directors or officers, third party search firms or other appropriate sources. Once identified, the Nominating and Corporate Governance
Committee will evaluate a candidate’s qualifications in accordance with its written charter and, if the Nominating and Corporate
Governance Committee believes a candidate would be a valuable addition to the Board, it recommends his or her candidacy to the full Board.
The Nominating and Corporate Governance Committee does not alter its criteria for evaluating candidates, including the criteria described
above, for shareholder recommended candidates. Threshold criteria include personal integrity and sound judgment, business and professional
skills and experience, independence, knowledge of our industry, conflicts of interest, the extent to which the candidate would fill a
present need on our board of directors, and concern for the long-term interests of our shareholders.

Our
Nominating