Company: FWFW
Filing Date: 2025-01-14
Form Type: 10-K
Source: 0001493152-25-002097
Chunk: 519

Company: FLYWHEEL ADVANCED TECHNOLOGY, INC.
Filing Date: 2025-01-14
Form: 10-K
Item: Item 9B
Chunk 519
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None.

ITEM
9C. DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS.

Not
applicable.

-20-

PART
III

ITEM
10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE

The
following table sets forth the names and positions of our executive officers and directors. Directors will be elected at our annual meeting
of stockholders and serve for one year or until their successors are elected and qualify. Officers are elected by the Board and their
terms of office are, except to the extent governed by employment contract, at the discretion of the Board.

    Name
     
    Age
     
    Positions
  
    Luk
    Yuen Leung
     
    78
     
    President,
    Chief Executive Officer, and Chairman of the Board of Directors

Luk
Yuen Leung has exclusive experience in management and business development in the Garment and Textile Industry. From 1996 to present,
Mr. Luk served as director of Polytex Alliance Ltd., a Hong Kong company, where he is responsible for business development strategy and
the department’s management.

Election
of Directors and Officers

Directors
are elected to serve until the next annual meeting of stockholders and until their successors have been elected and qualified. Officers
are appointed to serve until the meeting of the Board following the next annual meeting of stockholders and until their successors have
been elected and qualified.

Director
Independence

The
Board currently consists of one (1) member. Our sole director is not independent. We are not currently subject to listing requirements
of any national securities exchange or inter-dealer quotation system which has requirements that a majority of the board of directors
be “independent” and, as a result, we are not at this time required to have our Board comprised of a majority of “independent
directors.

Audit
Committee

We
do not presently have an audit committee. The Board currently acts as our audit committee.

Compensation
Committee

We
do not presently have a compensation committee. The Board currently acts as our compensation committee.

Nominating
Committee

We
do not presently have a nominating committee. The Board currently acts as our nominating committee.

Code
of Ethics

Our
Board has not adopted a Code of Ethics due to the Company’s size and lack of employees.

Board
Leadership Structure

We
have chosen to combine the Chief