Company: MGLD
Filing Date: 2025-09-23
Form Type: DEF 14A
Source: 0001493152-25-014569
Chunk: 32

Company: Marygold Companies, Inc.
Filing Date: 2025-09-23
Form: DEF 14A
Chunk 32
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 Summary Compensation Table, as no stock awards and options are applicable.

As the Company did not grant equity-based compensation or variable bonuses, total compensation remained stable and directly reflects fixed components of pay. This structure ensures predictability in executive pay, while maintaining compliance with the Company’s compensation philosophy.

Similarly, the average compensation actually paid to our other named executive officers (NEOs) increased slightly year-over-year, which was primarily due to an incremental salary increase to Mr. Neibert’s base salary as a result of increased responsibilities as a result of board action. This demonstrates that our executive compensation programs are designed to incentivize and reward executives for contributing to the Company’s long-term corporate goals to

achieve financial success.

Total Shareholder Return (TSR) deteriorated over the past four years as the Company’s financial performance has declined driven by the increased losses resulting from the significant amounts invested in the development of its Fintech app. During fiscal year 2025 the Company has put the Fintech app in the United States on pause, but is continuing to pursue its Fintech app in the United Kingdom.

As a Smaller Reporting Company, we are not required to disclose peer group performance or a company-selected performance measure, and have elected not to do so for this filing.

<div align='center'>AUDIT COMMITTEE REPORT</div>

September 19, 2025

The Audit Committee of the Board of Directors (the “Audit Committee”) has reviewed and discussed the consolidated financial statements of the Company and its subsidiaries as set forth in Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2025 with management of the Company and BPM LLP, independent registered public accountants for the Company.

We reviewed and discussed the consolidated financial statements of the Company and its subsidiaries to be set forth in Item 8 of the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2025 with management of the Company and BPM LLP, independent public accountants for the Company.

We also discussed with BPM LLP the matters required by the Public Company Accounting Oversight Board (“PCAOB”) to be discussed, as adopted in Auditing Standard No. 16 (Communications with Audit Committees). We have received the written disclosures and the letter from BPM LLP required by the applicable PCAOB requirements for independent accountant communications with Audit Committees with respect to auditor independence and have discussed with BPM LLP its independence from the Company.

It is not the duty of the Audit Committee to plan or conduct audits or