Company: ALM
Filing Date: 2025-07-07
Form Type: F-10
Source: 0001641172-25-017947
Chunk: 91

Company: Almonty Industries Inc.
Filing Date: 2025-07-07
Form: F-10
Chunk 91
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 periodic reviews of the Code and overseeing management’s monitoring of compliance. The Whistleblower
Policy requires the Company’s directors, executive officers, employees, consultants, and contractors to report any good faith concerns
or complaints regarding potential breaches of the Code of Business Conduct, particularly those related to accounting, internal control,
or auditing procedures.

We have also adopted
an Insider Trading Policy which ensures compliance with securities laws related to insider trading and tipping, prevents improper trading
or tipping, and assists the Company’s directors, officers, and employees in fulfilling their legal obligations. It outlines general
obligations and includes sanctions for non-compliance by any of the Company’s directors, executive officers, employees, or consultants.

| 51 |

Committees
of our Board of Directors

Our Board has established
two committees: the Audit Committee and the Compensation and Corporate Governance Committee. All of our committee members are “independent,”
as defined under the NASDAQ rules and for purposes of Canadian securities laws, with the exception of Mr. D’Amato.

Audit Committee

Our audit
committee is currently comprised of three members: Mr. Trachuk (Chairman), Dr. Gutschlag and Mr. Hanick. Each member of our
audit committee is a non-employee member of our Board. We have designated Mark Trachuk as our “audit committee financial
expert,” as defined under Item 407 of Regulation S-K. In addition, each member of our audit committee is financially literate,
as required by the NASDAQ rules and Canadian securities laws. All members of our audit committee are “independent”
members of our Board, as required by the NASDAQ rules and Canadian securities laws.

Our audit committee
is responsible for overseeing our financial reporting processes on behalf of our Board. Our independent auditors report directly to our
audit committee. Specific responsibilities of our audit committee include, without limitation:

| ● | identifying and                                                                               
 monitoring the management of the principal risks that could impact the financial reporting    
 of the Company;                                                                               |
| ● | monitoring the                                                                                
 integrity of the Company’s financial reporting process and system of internal controls;       |
| ● | monitoring the                                                                                
 independence and performance of the Company’s external auditors;                              |
| ● | dealing directly                                                                              
 with the external auditors to approve external audit plans, other services (if any) and fees; 
 and                                                                                           |
| ● | providing an avenue                                                                           
 of communication among the external auditors, management and the Board.                       |

Each member