Company: SHPH
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0001493152-25-008300
Chunk: 476

Company: Shuttle Pharmaceuticals Holdings, Inc.
Filing Date: 2025-02-26
Form: 10-K
Item: Item 1C
Chunk 476
---
Risk
Management and Strategy

We
have established policies and processes for assessing, identifying, and managing material risks from cybersecurity threats, and have
integrated these processes into our overall risk management systems and processes. We routinely assess material risks from cybersecurity
threats, including any potential unauthorized occurrence on or conducted through our information systems that may result in adverse effects
on the confidentiality, integrity, or availability of our information systems or any information residing therein.

We
have begun to conduct risk assessments at least annually to identify cybersecurity threats. These risk assessments include
identifying reasonably foreseeable potential internal and external risks, the likelihood of occurrence and any potential damage that
could result from such risks, and the sufficiency of existing policies, procedures, systems, controls and other safeguards we have
put in place to manage such risks. Our risk management process also encompasses cybersecurity risks associated with the use of our
major third-party
vendors and service providers.

Following
these risk assessments, we design, implement, and maintain reasonable safeguards to minimize the identified risks; reasonably address
any identified gaps in existing safeguards; update existing safeguards as necessary; and monitor the effectiveness of our safeguards.

We
believe we have allocated adequate resources related to our cybersecurity risk management processes and have designated our President and Chief Operating Officer with the responsibility of managing
the cybersecurity risk assessment and mitigation process with the oversight of the Chief Financial Officer responsible for the consolidated financial statements for the year
ended December 31, 2024.

As
part of our overall risk management program, we provide cybersecurity training to employees in high risk areas and have distributed standard
operating procedures to all employees. For additional information regarding whether any risks from cybersecurity threats, including as
a result of any previous cybersecurity incidents, have materially affected or are reasonably likely to materially affect our company,
including our business strategy, results of operations, or financial condition, please refer to Item 1A, “Risk Factors,”
in this annual report on Form 10-K , including the risk factors entitled “Our internal computer systems, or those of our CROs
or other contractors or consultants, may fail or suffer security breaches, which could result in a material disruption of our product
development programs,” “Our proprietary information, or that of our customers, suppliers and business partners, may be lost
or we may suffer security breaches,” and “Failure of our information technology systems could significantly disrupt the operation
of our business.

53

Governance

One
of the key functions of our Board of Directors is informed oversight of