Company: MGLD
Filing Date: 2025-09-23
Form Type: DEF 14A
Source: 0001493152-25-014569
Chunk: 30

Company: Marygold Companies, Inc.
Filing Date: 2025-09-23
Form: DEF 14A
Chunk 30
---
 the parties and was subject to customary closing conditions.

Voting Agreement

See “Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters – Voting Agreement,”above.

We have adopted a policy that any transactions with directors, officers or entities of which they are also officers or directors or in which they have a financial interest, will only be on terms consistent with industry standards and approved by a majority of the disinterested directors of the Board of Directors and based upon a determination that these transactions are on terms no less favorable to us than those which could be obtained by unaffiliated third parties. This policy could be terminated in the future. In addition, interested directors may be counted in determining the presence of a quorum at a meeting of the Board of Directors or a committee thereof which approves such a transaction.

Director Independence

For purposes of determining director independence, we have applied the definitions set out in Section 803 of the NYSE American Company Guide. The NYSE American Company Guide definition of “Independent Director” means a person other than an executive officer or employee of the Company or any other individual having a relationship which, in the opinion of our Board of Directors, would interfere with the exercise of independent judgment in carrying out the responsibilities of a director. Because the Company relies on the “controlled company” exemption, the Company is not subject to certain NYSE American corporate governance requirements and provisions although it has adopted this definition for purposes of determining whether a director is independent, as described above. Notwithstanding the foregoing, the Board undertakes a review at least annually of director independence. During this review, the Board considers transactions and relationships between each director or any member of his immediate family and the Company and its affiliates, if any. The purpose of this review is to determine whether any such relationship or transactions exist that are inconsistent with a determination that the director is independent.

<div align='center'>COMPENSATION OF EXECUTIVE OFFICERS</div>

Summary Compensation Table

The following table sets forth the compensation paid to our named executive officers for the fiscal years ended June 30, 2025, and 2024.

| Name and Principal Position |     | Year Ended June 30, |      |     | Salary ($) |         |     | Bonus($) |   |     | Stock Awards ($) |   |     | Option Awards ($) |   |     | Non-Equity Incentive Plan Compensation |   |     | Nonqualified Deferred Compensation Earnings |   |     | All Other Compensation ($) (1) |        |