Company: ECIA
Filing Date: 2025-07-14
Form Type: DEF 14A
Source: 0001079973-25-001145
Chunk: 25

Company: ENCISION INC
Filing Date: 2025-07-14
Form: DEF 14A
Chunk 25
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G/A, filed September 3, 2014. The address of Charles E. Sheedy is 909 Fannin Street, Houston, TX 77010. |

| (13) | Based solely on Schedule 13D, filed February 14, 2025. The address of Thalassa Holdings, Ltd.is PO Box 800, Road Town, Tortola, VG1110, British Virgin Islands. |

<div align='center'>RELATED PARTY TRANSACTIONS</div>

During the 2025 fiscal year,
we paid $40,727 in compensation paid to an entity controlled by our board member Mr. Fries for financial and tax consulting services provided
to us.

| 13 |

<div align='center'>Section 16(a) Beneficial Ownership Reporting Compliance</div>

Section 16(a) of the Securities
Exchange Act of 1934, as amended, requires our directors, executive officers, and beneficial owners of more than 10% of our common stock
to file initial reports of ownership and reports of changes in ownership with the Securities and Exchange Commission. Based solely on
a review of Forms 3, 4, and 5 furnished to us during the fiscal year ended March 31, 2025, or written representations that no such forms
were required, we believe that all Section 16(a) filing requirements were met on a timely basis, except as follows: (i) Brian Jackman,
Vern Kornelson, and Gregory Trudel each filed two late Forms 4; (ii) Patrick Pace filed three late Forms 4; (iii) Robert Fries and Mala
Ray each filed one late Form 4; and (iv) Brandon Shepard filed an initial Form 3 late.

Audit Committee Report

Our board of directors maintains
an audit committee comprised of our outside directors. The board of directors and the audit committee believe that the audit committee’s
current members are “independent directors” as defined by the applicable regulations of the SEC as currently in effect and
applicable to us.

The audit committee reviews and
reassesses the adequacy of its charter on an annual basis. Management has the primary responsibility for the financial statements and
the reporting process including the systems of internal controls. In fulfilling its oversight responsibilities, the committee reviewed
the audited financial statements in the Annual Report with management including a discussion of the quality, not just the acceptability,
of the accounting principles, the reasonableness of significant judgments, and the clarity