Company: WKSP
Filing Date: 2025-10-31
Form Type: DEF 14A
Source: 0001493152-25-020401
Chunk: 18

Company: Worksport Ltd
Filing Date: 2025-10-31
Form: DEF 14A
Chunk 18
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 process of evaluation of the performance of our management; and                                         |
| ● | perform                                                                                                            
 such other duties and responsibilities as enumerated in and consistent with Compensation Committee’s charter.      |

The Compensation Committee charter permits the committee to retain or receive advice from a compensation consultant and outlines certain requirements to ensure the consultants independence or certain circumstances under which the consultant need not be independent. However, as of the date hereof, the Company has not retained such a consultant.

| 13 |

Nominating and Governance Committee. We have a standing Nominating and Corporate Governance Committee. Craig Loverock, William Caragol and Ned L. Siegel serve as members of the Nominating and Corporate Governance. Ned L. Siegel serves as the Nominating and Corporate Governance Committee Chairman.

We have adopted a Nominating and Governance Committee charter, which details the purpose and responsibilities of the Nominating and Governance Committee, including:

| ● | assist                                                                                                                           
 the Board by identifying qualified candidates for director nominees, and to recommend to the Board the director nominees for the 
 next annual meeting of stockholders;                                                                                             |
| ● | lead                                                                                                                             
 the Board in its annual review of its performance;                                                                               |
| ● | recommend                                                                                                                        
 to the Board director nominees for each committee of the Board; and                                                              |
| ● | develop                                                                                                                          
 and recommend to the Board corporate governance guidelines applicable to us.                                                     |

Meetings of the Board of Directors

During its fiscal year ended December 31, 2024, the Board met three (3) times and acted by written consent thirteen (13) times.

Indemnification and Limitation on Liability of Directors

Our Articles of Incorporation limit the liability of our directors to the fullest extent permitted by Nevada law. Nothing contained in the provisions will be construed to deprive any director of his right to all defenses ordinarily available to the director nor will anything herein be construed to deprive any director of any right he may have for contribution from any other director or other person.

At present, there is no pending litigation or proceeding involving any of our directors, officers, employees or agents where indemnification will be required or permitted. Insofar as indemnification for liabilities arising under the Securities Act of 1933, as amended (the “Securities Act”) , may be permitted to our directors, officers and controlling persons pursuant to the foregoing provisions, or otherwise, we have been advised that in the opinion of the SEC such indemnification is against public policy as expressed in the Securities Act