Company: ALCE
Filing Date: 2025-06-06
Form Type: 10-K
Source: 0001213900-25-052242
Chunk: 2888

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-06-06
Form: 10-K
Item: Item 9A
Chunk 2888
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 directors can be considered independent.

Policy Concerning
Related Person Transactions

Alternus’ board of
directors adopted a related person transaction policy setting forth the policies and procedures for the identification, review and approval
or ratification of related person transactions. This policy covers, with certain exceptions set forth in Item 404 of Regulation S-K
under the Securities Act, any transaction, arrangement or relationship, or any series of similar transactions, arrangements or relationships,
in which we had a related person were or will be participants and the amount involved exceeds $120,000 or 1% of the average of our total
assets as of the end of our last two completed fiscal years, including purchases of goods or services by or from the related person
or entities in which the related person has a material interest, indebtedness and guarantees of indebtedness. In reviewing and approving
any such transactions, our audit committee will consider all relevant facts and circumstances as appropriate, such as the purpose of
the transaction, the availability of other sources of comparable products or services, management’s recommendation with respect
to the proposed related person transaction and the extent of the related person’s interest in the transaction.

All of the transactions described
in this section were entered into prior to the adoption of this policy.

Item 14. Principal Accounting Fees and Services

Audit and Non-Audit Fees

BDO USA, LLP (n/k/a BDO USA,
P.C.) (“BDO”) served as the independent registered public accounting firm to audit our books and accounts for the fiscal
year ending December 31, 2022 and provided audit services up to the Business Combination Closing date, December 22, 2023.

Mazars USA LLP (“Mazars”)
served as the independent registered public accounting firm to audit our combined books and accounts for the fiscal year ending December
31, 2023.

From June 1, 2024 Forvis
Mazars, LLP (“Forvis Mazars”) served as the independent registered public accounting firm to audit our books and accounts
for the fiscal year ending December 31, 2024 and provided audit services up to November 5, 2024.

85

On November 5, 2024, the Company’s
Audit Committee dismissed Forvis Mazars as the Company’s independent registered public accounting firm. Also on November 5, 2024,
the Company’s Audit Committee approved, and the Company’s Board of Directors (the “Board”) ratified, the engagement