Company: TELO
Filing Date: 2025-02-04
Form Type: 10-K
Source: 0001493152-25-004872
Chunk: 572

Company: Telomir Pharmaceuticals, Inc.
Filing Date: 2025-02-04
Form: 10-K
Item: Item 1B
Chunk 572
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.

As
a matter of corporate governance policy, we have not and will not make loans to officers or loan guarantees available to “promoters”
as that term is commonly understood by the SEC and state securities authorities.

All
future transactions between us and our officers, directors or five percent stockholders, and respective affiliates will be on terms no
less favorable than could be obtained from unaffiliated third parties and will be approved by a majority of our independent directors
who do not have an interest in the transactions and who had access, at our expense, to our legal counsel or independent legal counsel.

Item
14. Principal Accountant Fees and Services.

Audit
Fees. The aggregate fees billed by Cherry Bekaert LLP for professional services rendered for the audit of our annual financial statements,
review of the financial information included in our Forms 10-Q (where applicable) for the respective periods and other required filings
with the SEC for the years ended December 31, 2024 and December 31, 2023 totaled $0.064 million and $0.034 million, respectively.

Additionally,
the Company appointed a new audit firm, Salberg & Company P.A (“Salberg”) effective December 19, 2024. The aggregate
fees billed by Salberg for professional services rendered for the audit of our annual financial statements, and other required filings
with the SEC for the year ended December 31, 2024 totaled $0.05 million

The
above amounts include interim procedures and audit fees, as well as attendance at audit committee meetings.

Audit-Related
Fees. The aggregate fees billed by Cherry Bekaert LLP for audit-related fees for the years ended December 31, 2024 and 2023 were
$0.051 million and $0.036 million, respectively. The fees were provided in consideration of services consisting of review and update
procedures associated with registration statements and other SEC filings.

Tax
Fees. There were no fees billed by Salberg & Company P.A for tax services.

All
Other Fees. None

The
Audit Committee of our board of directors has established its pre-approval policies and procedures, pursuant to which the Audit Committee
approved the foregoing audit and non-audit services provided by Cherry Bekaert LLP and Salberg & Company P.A in 2024 . Consistent
with the Audit Committee’s responsibility for engaging our independent auditors, all audit and permitted non-audit services require
pre-approval by the Audit Committee. The