Company: BCML
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0001730984-25-000031
Chunk: 23

Company: BayCom Corp
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 23
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 X*        |   | X            |   |                |
| Keary L. Colwell.     |   |           |   |              |   |                |
| Dennis H. Guida, Jr.. |   | X         |   | X            |   | X              |
| Janet L. King.        |   |           |   |              |   |                |
| Robert G. Laverne, MD |   | X         |   | X*           |   | X              |
| Syvia L. Magid.       |   | X         |   | X            |   |                |

| * | Committee Chair |

Audit Committee.The Audit Committee operates under a formal written charter adopted by the Board of Directors. The Audit Committee assists the Board of Directors in fulfilling its responsibilities for general oversight of the integrity of our financial statements, our compliance with legal and regulatory requirements, the independent auditors’ qualifications and independence, the performance of our internal audit function and independent auditors and risk assessment and risk management. Among other things, the Audit Committee is responsible for:

| ● | annually reviewing the Audit Committee charter and the Audit Committee’s performance; |

| ● | appointing, evaluating and determining the compensation of our independent auditors; |

| ● | reviewing and approving the scope of the annual audit, the audit fee, the financial statements, significant accounting policy changes, any material weaknesses identified by the independent auditors or the internal audit function and any risk management issues; |

| ● | preparing the Audit Committee report for inclusion in our proxy statement for our annual meeting of shareholders; |

| ● | reviewing disclosure controls and procedures, internal controls, internal audit function and corporate policies with respect to financial information; |

| ● | assisting the Board of Directors in monitoring our compliance with applicable legal and regulatory requirements; |

| ● | overseeing investigations into complaints concerning financial matters, if any; and |

| ● | reviewing other risks that may have a significant impact on our financial statements. |

The Audit Committee works closely with management as well as our independent auditors. The Audit Committee has the authority to obtain advice and assistance from, and receive appropriate funding to engage, outside legal, accounting or other advisors, as the Audit Committee deems necessary to carry out its duties. All members of the Audit Committee (i) are independent directors, as defined under the NASDAQ Listing Rules; (ii) meet the additional independence criteria for audit committee members set forth in SEC Rule 10A-3(b)(1); (iii