Company: FOXX
Filing Date: 2025-11-21
Form Type: PRE 14A
Source: 0001213900-25-113635
Chunk: 25

Company: Foxx Development Holdings Inc.
Filing Date: 2025-11-21
Form: PRE 14A
Chunk 25
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Each of the executive officers has entered into an employee proprietary information and invention assignment agreement, agreeing to certain non -disclosure, non -solicitationand non -competeobligations, as well as the assignment of all innovations and associated intellectual property rights created, discovered, conceived or developed in the course of employment with, in reliance upon the confidential information of, or using the resources of the Company. Director Compensation We have entered into offer letters with each of the independent directors, pursuant to which each independent director is entitled to receive $100,000 in cash compensation per year, subject to the review and determination by the Board. The table below shows the details of the compensation we paid to each independent directors during the past two fiscal years:

| Name and Principal Position 
 “Eva” Yiqing Miao           |     | 2024   
 ($)(1) |   |     |      2025 
       ($) |     | Bonus 
 ($)   |     | Equity 
 Awards 
 ($)    |     | All Other    
 Compensation 
 ($)          |
|:----------------------------|:----|:-------|:--|:----|----------:|:----|:------|:----|:-------|:----|:-------------|
| Director                    |     | $      | — |     |    75,000 |     | N/A   |     | [    ] |     | N/A          |
| Edmund R. Miller            |     |        |   |     |           |     |       |     |        |     |              |
| Director                    |     | $      | — |     |    75,000 |     | N/A   |     | [    ] |     | N/A          |
| John Chiang                 |     |        |   |     |           |     |       |     |        |     |              |
| Director                    |     | $      | — |     | 58,333.33 |     | N/A   |     | [    ] |     | N/A          |

____________ (1)Ms. Miao and Mr.Miller were appointed as director of the Company on September 26, 2024, and Mr. Chiang were appointed as the director of the Company on November 13, 2024.

19 2024 Equity Incentive Plan Pursuant to the Business Combination Agreement, the Board adopted and approved the Incentive Plan, which became effective on September 26, 2024.