Company: ARAI
Filing Date: 2025-05-13
Form Type: S-1/A
Source: 0001641172-25-009841
Chunk: 114

Company: Arrive AI Inc.
Filing Date: 2025-05-13
Form: S-1/A
Chunk 114
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 ensure the independence of the Company’s Board, the independent directors of the Board generally meet without members of management at various times during the year.

Board Committees and Meetings

The Board intends to establish three committees, the Audit and Finance Committee, the Compensation Committee and the Corporate Governance and Nominating Committee, to assist with the performance of the Company’s responsibilities. The initial composition of these committees will be initially set by the Board in its discretion. Going forward, the Board will designate the members of these committees and the committee chairs based on the recommendation of the Corporate Governance and Nominating Committee. The Board has adopted written charters for each of these committees, which will be available on the investor relations section of our website at Arriveai.com. Copies will also be available in print to any stockholder upon written request. The chair of each committee will develop the agenda for that committee and determine the frequency and length of committee meetings.

Following the listing of the Company on Nasdaq, the Board will hold quarterly meetings. Directors will be expected to attend Board meetings, the Annual Meeting of Stockholders and meetings of the committees on which they serve, with the understanding that on occasion a director may be unable to attend a meeting.

Audit and Finance Committee

The Board formally established an Audit and Finance Committee in October 2023. The Audit and Finance Committee is composed of three (3) members, John Gallina, Kevin McAdams and Bill Stafford, each of whom is an independent director. John Gallina serves as chair of the Audit and Finance Committee. The committee’s primary duties are to:

| ● | review                                                                                                                                   
 and discuss with management and our independent auditor our annual and quarterly financial statements and related disclosures, including 
 disclosure under “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” and the                        
 results of the independent auditor’s audit or review, as the case may be;                                                                |
| ● | review                                                                                                                                   
 our financial reporting processes and internal control over financial reporting systems and the performance, generally, of our internal  
 audit function;                                                                                                                          |
| ● | oversee                                                                                                                                  
 the audit and other services of our independent registered public accounting firm and be directly responsible for the appointment,       
 independence, qualifications, compensation and oversight of the independent registered public accounting firm, which reports directly    
 to the Audit and Finance Committee;                                                                                                      |
| ● | provide                                                                                                                                  
 an open means of communication among our independent registered public accounting firm, management, our internal auditing function       
 and our Board;                                                                                                                           |
| ● | review