Company: ARAI
Filing Date: 2025-03-24
Form Type: S-1/A
Source: 0001641172-25-000350
Chunk: 119

Company: Arrive AI Inc.
Filing Date: 2025-03-24
Form: S-1/A
Chunk 119
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 subject of any order, judgment or decree of any court permanently or temporarily enjoining, barring, suspending or otherwise limiting his involvement in any type of business, securities or banking activities during the past ten years; and (iv) no director or officer has been found by a court to have violated a federal or state securities or commodities law during the past ten years.

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<div align='center'>EXECUTIVE AND DIRECTOR COMPENSATION</div>

We are an “emerging growth company” under applicable SEC rules and are providing disclosure regarding our executive compensation arrangements pursuant to the rules applicable to emerging growth companies, which means that we are not required to provide a compensation discussion and analysis and certain other disclosures regarding our executive compensation. The following discussion relates to the compensation of our named executive officers for 2024.

Following the adoption of the Compensation Committee charter in October 2023, the Compensation Committee will determine and approve all elements of executive officer compensation. The Compensation Committee’s primary objectives in determining executive officer compensation are to (i) develop an overall compensation package that is at market levels and thus fosters executive officer retention and (ii) align the interests of our executive officers with our stockholders by linking a significant portion of the compensation package to performance.

Summary Compensation Table

The following table sets forth the compensation paid by the Company to its chief executive officer and other compensated executive officers. The disclosure is provided for the years ended December 31, 2024, December 31, 2023, December 31, 2022, and December 31, 2021.

| Name and Principal Position          |     | Year |     | Salary |         |    |     | Bonus |     | Stock Awards |           |     |     | Total |           |
|:-------------------------------------|:----|-----:|:----|:-------|--------:|---:|:----|:------|:----|:-------------|----------:|----:|:----|:------|----------:|
| Dan O’Toole CEO                      |     | 2021 |     | $      | 290,833 | -1 |     |       |     |              |           |     |     | $     |   290,833 |
| Neerav Shah Chief Strategy Officer   |     | 2021 |     | $      |  36,000 |    |     |       |     | $            |    45,100 |  -2 |     | $