Company: LRHC
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032211
Chunk: 1328

Company: La Rosa Holdings Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 3
Chunk 1328
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 discussing with management and the independent auditor the annual audited financial statements, and recommending to the board whether the audited financial statements should be included in our annual disclosure report;

    ●
    discussing with management and the independent auditor significant financial reporting issues and judgments made in connection with the preparation of our financial statements;

    ●
    discussing with management major risk assessment and risk management policies;

    ●
    monitoring the independence of the independent auditor;

    ●
    verifying the rotation of the lead (or coordinating) audit partner having primary responsibility for the audit and the audit partner responsible for reviewing the audit as required by law;

    ●
    reviewing and approving all related-party transactions;

    ●
    inquiring and discussing with management our compliance with applicable laws and regulations;

    ●
    pre-approving all audit services and permitted non-audit services to be performed by our independent auditor, including the fees and terms of the services to be performed;

    ●
    appointing or replacing the independent auditor;

    ●
    determining the compensation and oversight of the work of the independent auditor (including resolution of disagreements between management and the independent auditor regarding financial reporting) for the purpose of preparing or issuing an audit report or related work;

    ●
    establishing procedures for the receipt, retention and treatment of complaints received by us regarding accounting, internal accounting controls or reports which raise material issues regarding our financial statements or accounting policies; and

    ●
    approving reimbursement of expenses incurred by our management team in identifying potential target businesses.

60

Compensation Committee

Our Compensation Committee is
comprised of three individuals, each of whom is an independent director. Mr. Alavi serves as the Chairman of the committee.

The Compensation Committee
acts on behalf of our Board of Directors to fulfill our Board of Directors’ responsibilities in overseeing our compensation policies,
plans and programs; and in reviewing and determining the compensation to be paid to our executive officers and non-employee directors. The
responsibilities of the Compensation Committee are included in its written charter. The Compensation Committee’s responsibilities
include, among others:

    ●
    reviewing, modifying and approving and making recommendations to our Board of Directors regarding our overall compensation strategy and policies, and reviewing, modifying and approving corporate performance goals and objectives relevant to the compensation of our executive officers and other senior management;

    ●
    determining and approving (or, if it deems appropriate, recommending to our Board of Directors for determination and approval) the compensation and terms of employment of our Chief Executive Officer,