Company: SCLXW
Filing Date: 2025-04-29
Form Type: 10-K/A
Source: 0000950170-25-060302
Chunk: 15

Company: Scilex Holding Co
Filing Date: 2025-04-29
Form: 10-K/A
Chunk 15
---
 only after taking into consideration six factors, prescribed by the SEC and Nasdaq, that bear upon the adviser’s independence; however, there is no requirement that any adviser be independent. The composition and functioning of the Compensation Committee comply with all applicable requirements of the Sarbanes-Oxley Act and all applicable SEC rules and Nasdaq Listing Rules. We intend to comply with future requirements to the extent they become applicable to us. Nominating and Corporate Governance Committee Our Nominating and Corporate Governance Committee consists of Dorman Followwill and Yue Alexander Wu, Ph.D., with Dorman Followwill serving as the chairperson of the committee. Dorman Followwill and Yue Alexander Wu, Ph.D. each satisfy the independence requirements under the Nasdaq Listing Rules. The responsibilities of the Nominating and Corporate Governance Committee are included in its written charter. The Nominating and Corporate Governance Committee acts on behalf of our Board to fulfill our Board’s responsibilities in overseeing all aspects of our nominating and corporate governance functions. The responsibilities of the Nominating and Corporate Governance Committee include, among others:

| • | making recommendations to our Board regarding corporate governance issues;                                                         |
| • | identifying, reviewing and evaluating qualified candidates to serve as directors (consistent with criteria approved by our Board); |
| • | determining the minimum qualifications for service on our Board;                                                                   |
| • | reviewing and evaluating incumbent directors;                                                                                      |
| • | instituting and overseeing director orientation and director continuing education programs;                                        |
| • | serving as a focal point for communication between candidates, non-committee directors and our management;                         |
| • | recommending to our Board for selection candidates to serve as nominees for director for the annual meeting of stockholders;       |

| • | making other recommendations to our Board regarding matters relating to the directors;                                                                                                                                                                      |
| • | reviewing succession plans for our Chief Executive Officer and our other executive officers;                                                                                                                                                                |
| • | reviewing and overseeing matters of corporate responsibility and sustainability, including potential long- and short-term trends and impacts to our business of environmental, social, and governance issues, and our public reporting on these topics; and |
| • | considering any recommendations for nominees and proposals submitted by stockholders.                                                                                                                                                                       |

The Nominating and Corporate Governance Committee periodically reviews, discusses and assesses the performance of our Board and the committees of our Board. In fulfilling this responsibility, the Nominating and Corporate Governance Committee seeks input from senior management, our Board and others. In assessing our Board, the Nomin