Company: PMVC
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001013762-25-003340
Chunk: 195

Company: PMV Consumer Acquisition Corp.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1B
Chunk 195
---

    Whether the candidate has relevant experience and expertise and would be able to provide insights and practical wisdom based upon that experience and expertise.

    ●
    Whether the candidate has knowledge of the Company and issues affecting the Company.

    ●
    Whether the candidate is committed to enhancing stockholder value.

    ●
    Whether the candidate fully understands, or has the capacity to fully understand, the legal responsibilities of a director and the governance processes of a public company.

    ●
    Whether the candidate is of high moral and ethical character and would be willing to apply sound, objective, and independent business judgment, and to assume broad fiduciary responsibility.

    ●
    Whether the candidate has, and would be willing to commit, the required hours necessary to discharge the duties of Board membership.

    ●
    Whether the candidate has any prohibitive interlocking relationships or conflicts of interest.

    ●
    Whether the candidate is able to develop a good working relationship with other Board members and contribute to the Board’s working relationship with the senior management of the Company.

    ●
    Whether the candidate is able to suggest business opportunities to the Company.

29

The Nominating Committee will consider a number
of qualifications relating to management and leadership experience, background and integrity, and professionalism in evaluating a person’s
candidacy for membership on the board of directors. The nominating committee may require certain skills or attributes, such as financial
or accounting experience, to meet specific board needs that arise from time to time and will also consider the overall experience and
makeup of its members to obtain a broad and diverse mix of board members. The nominating committee does not distinguish among nominees
recommended by stockholders and other persons. There have been no material changes to the procedures by which security holders may recommend
nominees to our board of directors.

Compensation Committee

Effective September 21, 2020, we established a
compensation committee of the board of directors, which presently consists of Susan V. Watson and Daniel E. Zucchi, each of whom is an
independent director. The compensation committee’s duties, which are specified in our Compensation Committee Charter, include, but
are not limited to:

    ●
    reviewing and approving on an annual basis the corporate goals and objectives relevant to our co-chief executive officers’ compensation, evaluating our co-chief executive officers’ performance in light of such goals and objectives and determining and approving the remuneration (if any) of our co-chief executive officers based on such evaluation;