Company: NCL
Filing Date: 2025-11-24
Form Type: PRE 14A
Source: 0001575872-25-000718
Chunk: 57

Company: Northann Corp.
Filing Date: 2025-11-24
Form: PRE 14A
Chunk 57
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 matters deemed relevant and appropriate by the Audit Committee, the Audit Committee
recommended to the Board, and the Board approved, the inclusion of the audited financial statements referred to above in Northann’s
Annual Report on Form 10-K for the fiscal year ended December 31, 2024 for filing with the Securities and Exchange Commission.

| Respectfully submitted,      |
| Audit Committee              |
| Bradley C. Lalonde, Chairman |
| Umesh Patel                  |
| Jing Zhang                   |

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<div align='center'>SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT</div>

The following table sets
forth information regarding beneficial ownership of our common stock as of [●], 2025 by:

| ● | each person, or group of affiliated persons, known by us        
 to beneficially own more than 5% of our shares of common stock; |
| ● | each of our directors;                                          |
| ● | each of our named executive officers; and                       |
| ● | all of our directors and executive officers as a group.         |

The table is based on information
provided to us by our directors, executive officers and principal stockholders. Beneficial ownership is determined in accordance with
the rules of the Securities and Exchange Commission, and generally means that a person has beneficial ownership of a security if he, she
or it possesses sole or shared voting or investment power of that security, including stock options and warrants that are exercisable
within 60 days of [●], 2025. To our knowledge, except as indicated by footnote, and subject to community property laws where applicable,
the persons named in the table below have sole voting and investment power with respect to all shares of common stock shown as beneficially
owned by them. Shares of common stock underlying derivative securities, if any, that are currently exercisable or exercisable within 60
days after [●], 2025 are deemed to be outstanding in calculating the percentage ownership of the applicable person or group but
are not deemed to be outstanding as to any other person or group. Percentage of beneficial ownership is based on [ ] shares of common
stock and 625,000 shares of Series A Preferred Stock outstanding as of the date of the table.

Unless otherwise indicated,
the address of each beneficial owner listed in the table below is c/o Northann Corp., 2251 Catawba River Rd, Fort Lawn, SC 29714.

| 33 |

|                                                            |     | Common             
 Stock