Company: ALCE
Filing Date: 2025-01-27
Form Type: S-1
Source: 0001213900-25-007054
Chunk: 144

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-01-27
Form: S-1
Chunk 144
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’s compensation, evaluating our 
 chief executive officer’s performance in light of such goals and objectives and determining and approving the remuneration   
 (if any) of our chief executive officer’s based on such evaluation;                                                          |

| ● | reviewing and approving                                             
 the compensation of all of our other Section 16 executive officers; |

| ● | reviewing our executive          
 compensation policies and plans; |

| ● | implementing and administering                              
 our incentive compensation equity-based remuneration plans; |

| ● | assisting management in                                                       
 complying with our proxy statement and annual report disclosure requirements; |

| ● | approving all special perquisites,                                                                                      
 special cash payments and other special compensation and benefit arrangements for our executive officers and employees; |

| ● | producing a report on executive                                
 compensation to be included in our annual proxy statement; and |

| ● | reviewing, evaluating and                                                
 recommending changes, if appropriate, to the remuneration for directors. |

The charter provides that the compensation committee may, in its sole discretion, retain or obtain the advice of a compensation consultant, legal counsel or other adviser and will be directly responsible for the appointment, compensation and oversight of the work of any such adviser. However, before engaging or receiving advice from a compensation consultant, external legal counsel or any other adviser, the compensation committee will consider the independence of each such adviser, including the factors required by Nasdaq and the SEC. Nomination and Corporate Governance Committee .The Nominating and Corporate Governance Committee consists of one director: Tone Bjornov. Tone Bjornov serves as the nominating and corporate governance committee chairman. The Nominating and Corporate Governance Committee’s duties are specified in a charter and include, but not be limited to:

| ● | assist the Board by identifying                                                                                                  
 qualified candidates for director nominees, and to recommend to the Board of Directors the director nominees for the next annual 
 meeting of stockholders;                                                                                                         |

| ● | lead the Board in its annual 
 review of its performance;   |

| ● | recommend to the Board                                 
 director nominees for each committee of the Board; and |

| ● | develop and recommend to                                    
 the Board corporate governance guidelines applicable to us. |

100 Role of Board in Risk Oversight Process Our Board has responsibility for the oversight of our risk management processes and, either as a whole or through its committees, regularly discusses with management our major risk exposures, their potential impact on our business and the steps we take to manage them. The risk oversight process includes receiving regular reports from board committees and members of senior