Company: JL
Filing Date: 2025-04-03
Form Type: 20-F/A
Source: 0001213900-25-028675
Chunk: 126

Company: J-Long Group Ltd
Filing Date: 2025-04-03
Form: 20-F/A
Chunk 126
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 of this Annual Report. Compensation Committee Our compensation committee consists of Mr. Kan, Ms. Pun and Mr. Chan, and it is chaired by Mr. Chan. We have determined that each of these directors satisfies the “independence” requirements of the Nasdaq Listing Rules. The compensation committee assists the Board in reviewing and approving the compensation structure, including all forms of compensation, relating to our directors and executive officers. Our chief executive officer may not be present at any committee meeting during which his or her compensation is deliberated. The compensation committee is responsible for, among other things:

| ● | reviewing and approving, or recommending to the Board for                                    
 its approval, the compensation for our chief executive officer and other executive officers; |

| ● | reviewing and recommending to the Board for determination       
 with respect to the compensation of our non-employee directors; |

| ● | reviewing periodically and approving any incentive compensation 
 or equity plans, programs or other similar arrangements; and    |

| ● | selecting a compensation consultant, legal counsel or other                                                      
 adviser only after taking into consideration all factors relevant to that person’s independence from management. |

Amended compensation committee charter.Effective July 26, 2024, our Board of Directors authorized and approved an amendment to the compensation committee charter (the “Compensation Committee Charter”) in which the compensation committee was given the responsibility of implementing the Company’s compensation recovery policy (the “Compensation Recovery Policy”). The Compensation Committee Charter provides the members of the compensation committee with authorization and authority to carry out such duties and responsibilities as are associated with the Compensation Recovery Policy. In the event of a restatement of the Company’s financial statements, the Compensation Recovery Policy requires the Company to recover the incremental portion of any incentive-based compensation received by any current or former executive officer of the Company that was in excess of the amount the officer would have received had his or her incentive compensation been determined based on the restated financial statements. The amended Compensation Committee Charter gives the compensation committee the authority and power to: (i) determine such executive officers who served at any time during the performance period for incentive-based compensation; (ii) determine the relevant recovery period; (iii) determine the amount of incentive-based compensation that is subject to the Company’s Compensation Recovery Policy and establish procedures for recovery; (iv) maintain documentation of the above-referenced determinations; and (v) prepare and have filed all disclosures with respect to the Compensation Recovery Policy in accordance with Federal securities laws, including the disclosure required by the applicable Securities and Commission filings.