Company: LRHC
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032211
Chunk: 3746

Company: La Rosa Holdings Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 8
Chunk 3746
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 mindful
of the overall balance of the skills, knowledge and experience of Board members against the current and future requirements of the Company
and of the benefits of diversity. The Company recognizes the importance of diversity at all levels of the Company as well as on the Board
and considers overall Board balance and diversity when appointing new directors.

The Company employs multiple
strategies in identifying director nominees, including the obtaining of recommendations from security holders, from current directors,
and from the Company’s corporate advisors. The Company also intends to utilize professional recruitment firms, as may be required,
in seeking qualified director nominees. The qualifications of director nominees are evaluated by the Nominating Committee to determine
if the director nominees have the requisite expertise to maintain a proper balance of skills required by the Board. The Nominating Committee
does not have a formal policy with respect to the consideration of director candidates recommended by stockholders, however, there are
no differences in the evaluation of director nominees recommended by security holders. Director nominees are interviewed in depth by the
Nominating Committee and the Board to further qualify the director nominees and evaluate the personal integrity and character of the candidate.

Since the date of our most recent periodic report, there were no changes
to the procedure by which our security holders may recommend nominees to our Board.

Meetings of the Board of Directors

During its fiscal year ended
December 31, 2024, the Board formally met a total of 5 times and our Audit Committee met 4 times in 2024. The Board also acted by written
consent on numerous occasions.

Indemnification and Limitation on Liability
of Directors

Our Articles of Incorporation
limit the liability of our directors to the fullest extent permitted by Nevada law. Nothing contained in the provisions will be construed
to deprive any director of his right to all defenses ordinarily available to the director nor will anything herein be construed to deprive
any director of any right he may have for contribution from any other director or other person.

At present, there is no pending
litigation or proceeding involving any of our directors, officers, employees or agents where indemnification will be required or permitted.
Insofar as indemnification for liabilities arising under the Securities Act, may be permitted to our directors, officers and controlling
persons pursuant to the foregoing provisions, or otherwise, we have been advised that in the opinion of the SEC such indemnification is
against public policy as expressed in the Securities Act and is, therefore, unenforceable.

62

Board Leadership