Company: VEEAW
Filing Date: 2025-07-07
Form Type: DRS
Source: 0001213900-25-061586
Chunk: 157

Company: VEEA INC.
Filing Date: 2025-07-07
Form: DRS
Chunk 157
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 serves as the chair of the Nominating and Corporate Governance Committee. The Nominating and Corporate
Governance Committee is responsible for overseeing the selection of persons to be nominated to serve on the Board. The Nominating and
Corporate Governance Committee considers persons identified by its members, management, shareholders, investment bankers and others.

The guidelines for selecting
nominees are specified in the Nominating and Corporate Governance Committee Charter.

Compensation Committee Interlocks and Insider Participation

None of the members of the
Company’s compensation committee has ever been an executive officer or employee of the Company. None of the Company’s executive
officers currently serve, or have served during the last completed fiscal year, on the compensation committee or board of directors of
any other entity that has one or more executive officers that will serve as a member of the Board or compensation committee.

Role of the Board in Risk Oversight/Risk Committee

Of the key functions of the
Board is informed oversight of the Company’s risk management process. The Board does not have a standing risk management committee,
but rather administers this oversight function directly through the Board as a whole, as well as through various standing committees
of the Board that address risks inherent in their respective areas of oversight. For example, the Company’s audit committee is
responsible for overseeing the management of risks associated with the Company’s financial reporting, operational, privacy and
cybersecurity, competition, legal, regulatory, compliance and reputational matters; and the Company’s compensation committee oversees
the management of risks associated with our compensation policies and programs.

Oversight of Cybersecurity Risks

The Company faces a number
of risks, including cybersecurity risks and those other risks described under the section titled “Risk Factors” included
in this prospectus. The audit committee is responsible for overseeing the steps management has taken with respect to cybersecurity risk
exposure. As part of this oversight, the audit committee will receive regular reports from management of the Company on cybersecurity
risk exposure and the actions management has taken to limit, monitor or control such exposures at its regularly scheduled meetings. Management
will work with third party service providers to maintain appropriate controls. We believe this division of responsibilities is the most
effective approach for addressing the Company’s cybersecurity risks and that the Board leadership structure supports this approach.

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Limitation on Liability and Indemnification of Directors and Officers

The Charter contains provisions
that limit the liability of the directors and officers for damages to the fullest extent permitted by