Company: JOCM
Filing Date: 2025-05-05
Form Type: 10-K
Source: 0001641172-25-008460
Chunk: 23

Company: JOCOM HOLDINGS CORP.
Filing Date: 2025-05-05
Form: 10-K
Item: Item 1
Chunk 23
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    (Chief Financial Officer, President, Secretary,
                                 Treasurer,
                                 Director) 
     2023  
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Narrative Disclosure to Summary Compensation Table

There are no arrangements or plans in which we provide
pension, retirement or similar benefits for directors or executive officers. Our directors and executive officers may receive stock options
at the discretion of our board of directors in the future. We do not have any material bonus or profit sharing plans pursuant to which
cash or non-cash compensation is or may be paid to our directors or executive officers, except that stock options may be granted at the
discretion of our board of directors from time to time. We have no plans or arrangements in respect of remuneration received or that may
be received by our executive officers to compensate such officers in the event of termination of employment (as a result of resignation,
retirement, change of control) or a change of responsibilities following a change of control.

Stock Option Grants

We have not granted any stock options to our executive
officers since our incorporation.

Employment Agreements

We do not have an employment or consulting agreement
with any officers or Directors.

Compensation Discussion and Analysis

Director Compensation

Our Board of Directors does not currently receive
any consideration for their services as members of the Board of Directors. The Board of Directors reserves the right in the future to
award the members of the Board of Directors cash or stock based consideration for their services to the Company, which awards, if granted
shall be in the sole determination of the Board of Directors.

Executive Compensation Philosophy

Our Board of Directors determines the compensation
given to our executive officers in their sole determination. Our Board of Directors reserves the right to pay our executive or any future
executives a salary, and/or issue them shares of common stock in consideration for services rendered and/or to award incentive bonuses
which are linked to our performance, as well as to the individual executive officer’s performance. This package may also include
long-term stock based compensation to certain executives, which is intended to align the performance of our executives with our long-term
business strategies. Additionally, while our