Company: HFFG
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001680873-25-000022
Chunk: 55

Company: HF Foods Group Inc.
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 55
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 Nominating Committee, and Chair of the Special Investigation Committee. Mr. Libby resigned from the board of directors effective May 31, 2024.

(3) Dr. Hong Wang served as Chair of the Compensation Committee. Dr. Hong Wang resigned from the board of directors effective June 28, 2024.

(4) Ms. Chase served as Chair of the Audit Committee and Chair of the Special Transaction Committee and served as a member of the Special Investigation Committee. Ms. Chase resigned from the board of directors effective May 31, 2024.

(5) Ms. Kuai resigned from the board of directors effective July 5, 2024.

(6) Ms. Westfall was appointed to the board of directors effective June 7, 2024. Ms. Westfall serves as the Lead Independent Director and Chair of the Governance and Nominating Committee.

(7) Ms. Lim was appointed to the board of directors effective June 7, 2024. Ms. Lim serves as Chair of the Audit Committee.

(8) Ms. Ross was appointed to the board of directors effective June 28, 2024. Ms. Ross serves as Chair of the Compensation Committee.

(9) Dr. Yujie Wang was appointed to the board of directors effective June 28, 2024. Dr. Yujie Wang serves as Chair of the Special Transaction Committee.

(10) Director fees under the program are payable in arrears in four equal quarterly installments.

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(11) Amounts reflect the full grant-date fair value of RSUs granted during the year ended December 31, 2024, computed in accordance with ASC Topic 718, rather than the amounts paid to or realized by the director. The award values were calculated using the grant date stock price on August 7, 2024, of $3.09, and will vest on August 7, 2025, subject to the director’s continuous service. If the director’s continuous service terminates for any other reason prior to the applicable vesting date, the RSUs shall automatically be forfeited for no consideration. The aggregate number of unvested RSU awards held as of December 31, 2024 by each non-employee director was 9,709.

Narrative Disclosure to Director Compensation Table

For the year ending December 31, 2024, we paid our former Chairman of the Board $25,000 per quarter and former independent