Company: SWAGW
Filing Date: 2025-07-11
Form Type: DEF 14A
Source: 0001213900-25-062961
Chunk: 24

Company: Stran & Company, Inc.
Filing Date: 2025-07-11
Form: DEF 14A
Chunk 24
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 days of July 9, 2025.                                                                |

| (7) | Consisted of (i) 112,750 shares of common stock and (ii) 80,500 shares of common stock issuable upon exercise 
 of options within 60 days of July 9, 2025.                                                                    |

| (8) | Consisted of 10,000 shares of common stock issuable upon exercise of an option within 60 days of July 9, 2025. |

| (9) | Consisted of (i) 10,892 shares of common stock and (ii) 5,000 shares of common stock issuable upon exercise 
 of an option.                                                                                               |

Changes in Control

We do not have any arrangements
known to us the operation of which may at a subsequent date result in a change in control of the Company.

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BOARD OF DIRECTORS AND CORPORATE GOVERNANCE</div>

During the year ended December
31, 2024:

| ● | the Board held four meetings; |

| ● | the Audit Committee held two meeting; |

| ● | the Compensation Committee of the Board (the “Compensation Committee”) held one meeting; and |

| ● | the Nominating and Corporate Governance Committee did not held any meetings. |

During the year ended December 31, 2024, each member of the Board attended at least 75% ofthe aggregate of the total number of meetings
of the Board (held during the period for which he or she has been a director) and the total number of meetings held by all committees
of the Board on which he or she served (during the periods that he or she served).

We do not have a policy requiring
Board members to attend the annual meeting of our stockholders. All members of the Board at the time of our 2023 annual meeting of stockholders
attended our 2023 annual meeting of stockholders. We did not hold an annual meeting of stockholders during 2024.

Independent Directors and Director Nominees

The rules of The Nasdaq Stock Market LLC (“Nasdaq”)generally require that a majority of an issuer’s board of directors
consist of independent directors. The Board of Directors consists of six directors, four of whom, consisting of Mark Charles Adams, Alan
Chippindale, Sarah L. Cummins, and Brian M. Posner, have been determined by the Board to be “independent directors” within