Company: LASE
Filing Date: 2025-06-24
Form Type: 10-K
Source: 0001641172-25-016194
Chunk: 424

Company: Laser Photonics Corp
Filing Date: 2025-06-24
Form: 10-K
Item: Item 1A
Chunk 424
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icer, principal financial officer and principal accounting officer. The full text of our Code of Business Conduct and Ethics is published
in the Investors section of our website at www.laserphotonics.com. We intend to disclose any future amendments to certain provisions
of the Code of Business Conduct and Ethics, or waivers of such provisions granted to executive officers and directors, on this website
within four business days following the date of any such amendment or waiver.

Insider Trading Policies

We
have adopted insider trading policies and procedures governing the purchase, sale, and/or other dispositions of our securities by directors,
officers and employees and their respective immediate family members, which are reasonably designed to promote compliance with insider
trading laws, rules and regulations, and applicable Nasdaq listing standards while they are in possession of material nonpublic information
(the “Insider Trading Policy”).

The
foregoing description of the Insider Trading Policy does not purport to be complete and is qualified in its entirety by the
terms and conditions of the Insider Trading Policy, a copy of which is attached hereto as Exhibit 19.1 and is incorporated herein by reference.

ITEM
11. EXECUTIVE COMPENSATION

Compensation
Philosophy

The
following is a discussion and analysis of our underlying our policies and decisions with respect to the compensation of our executive
officers and what we believe are the most important factors relevant to an analysis of these policies and decisions. We are currently
considered a “smaller reporting company” for purposes of the SEC’s executive compensation disclosure rules. Our only
“named executive officers” for 2020 and 2021 were Wayne Tupuola and Tatiana Nikitina. The compensation of our named executive
officers and our other current executive officers is based on individual terms approved by our Board of Directors. This section highlights
key aspects of our compensation program.

Our
compensation committee will oversee these compensation policies and, together with our Board of Directors, will periodically evaluate
the need for revisions to ensure our compensation program is competitive with the companies with which we compete for executive talent.

Objectives
and Philosophy of Our Executive Compensation Program

The
primary objectives of the Board of Directors in designing our executive compensation program are to:

    ●
    attract, retain and motivate
    experienced and talented executives;

    ●
    ensure executive compensation
    is aligned with our corporate strategies, research and development programs and business goals;

58

    ●
    recognize the individual
    contributions of