Company: VEEAW
Filing Date: 2025-07-07
Form Type: DRS
Source: 0001213900-25-061586
Chunk: 156

Company: VEEA INC.
Filing Date: 2025-07-07
Form: DRS
Chunk 156
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 Finance from New York University
and a Bachelor of Science in Economics and Psychology from Union College. Mr. Cohen is independent as defined under the applicable Nasdaq
rules. Mr. Cohen is qualified to serve on the board because of his long-time global business experience and leadership experiences.

Director Independence

Nasdaq listing rules require
that a majority of the board of directors of a company listed on Nasdaq be composed of “independent directors,” which is
defined generally as a person other than an officer or employee of the company or its subsidiaries or any other individual having a relationship,
which, in the opinion of the company’s board of directors, would interfere with the director’s exercise of independent judgment
in carrying out the responsibilities of a director. The Company’s Board has determined that each of Douglas Maine, Kanishka Roy,
Gary Cohen and Alan Black is an independent director under the Nasdaq listing rules and Rule 10A-3 of the Exchange Act. In making these
determinations, the Board considered the current and prior relationships that each non-employee director had with Veea and has with the
Company and all other facts and circumstances the Board deemed relevant in determining independence, including the beneficial ownership
of our common stock by each non-employee director.

Committees of the Board of Directors

The standing committees of
Company’s Board consists of an Audit Committee, a Compensation Committee, and a Nominating and Corporate Governance Committee.
The composition of each committee is set forth below.

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Audit Committee

The Company’s Audit
Committee has been established in accordance with Section 3(a)(58)(A) of the Exchange Act and consists of Douglas Maine, Gary Cohen and
Alan Black, each of whom is an independent director and is “financially literate” as defined under the Nasdaq listing standards.
Douglas Maine serves as chair of the Audit Committee. The Company’s Board has determined that Mr. Maine qualifies as an “audit
committee financial expert,” as defined under rules and regulations of the SEC.

Compensation Committee

The Company’s Compensation
Committee consists of Gary Cohen and Douglas Maine, each of whom is an independent director under Nasdaq’s listing standards, and
Gary Cohen serves as chair of the Compensation Committee.

Nominating and Corporate Governance Committee

The Company’s Nominating
and Corporate Governance Committee consists of Kanishka Roy and Alan Black, each of whom is an independent director under Nasdaq’s
listing standards, and Kanishka Roy