Company: ZDAN
Filing Date: 2025-07-28
Form Type: F-1/A
Source: 0001683168-25-005450
Chunk: 209

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-07-28
Form: F-1/A
Chunk 209
---
 with respect to the compensation of our non-employee directors;                                                    |
| · | reviewing and making recommendations to the Board of Directors with                                                
 respect to the compensation of our directors;                                                                      |
| · | reviewing periodically and approving any long-term incentive compensation                                          
 or equity plans, programs or similar arrangements, annual bonuses, employee pension and welfare benefit plans; and |
| · | selecting compensation consultant, legal counsel or other adviser only                                             
 after taking into consideration all factors relevant to that person’s independence from management.                |

| 127 |

Nominating and Corporate Governance Committee

Our nominating and corporate
governance committee will consist of Mr. Chen, Mr. Xiaosha Hu, and Ms. Zhang. Mr. Xiaosha Hu will be the chairman of our nominating and
corporate governance committee. We have determined that Mr. Chen, Mr. Xiaosha Hu, and Ms. Zhang satisfy the “independence”
requirements of Rule 5605(a)(2) of the Nasdaq listing rules.

The nominating and corporate
governance committee will assist the Board of Directors in selecting directors and in determining the composition of our board and board
committees. The nominating and corporate governance committee will be responsible for, among other things:

| · | identifying and recommending nominees for election or re-election to                                     
 our Board of Directors, or for appointment to fill any vacancy;                                          |
| · | reviewing annually with our Board of Directors its composition in light                                  
 of the characteristics of independence, age, skills, experience and availability of service to us;       |
| · | identifying and recommending to our Board the Directors to serve as                                      
 members of committees;                                                                                   |
| · | advising the board periodically with respect to developments in the                                      
 law and practice of corporate governance as well as our compliance with applicable laws and regulations; |
| · | making recommendations to our Board of Directors on corporate governance                                 
 matters and on any corrective action to be taken; and                                                    |
| · | monitoring compliance with our code of business conduct and ethics,                                      
 including reviewing the adequacy and effectiveness of our procedures to ensure compliance.               |

Duties of Directors

Under Cayman Islands law,
our directors owe fiduciary duties to our Company, including a duty of loyalty, a duty to act honestly, and a duty to act in good faith
with what they consider to be in our best interests. Our directors must also exercise their powers only for a proper purpose. Our directors
also