Company: MYSEW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004290
Chunk: 62

Company: Myseum, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 62
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 or being subject to any of the items set forth under Item 401(f) of Regulation S-K.

Committees of Our Board of Directors

Our board of directors directs the management
of our business and affairs, as provided by Nevada law, and conducts its business through meetings of the board of directors and its
standing committees. We will have a standing audit committee, compensation committee and nominating and corporate governance committee.
In addition, from time to time, special committees may be established under the direction of the board of directors when necessary to
address specific issues.

Audit Committee. The audit committee is
appointed by the board to assist the board in its duty to oversee the Company’s accounting, financial reporting and internal control
functions and the audit of the Company’s financial statements. The role of the audit committee is to oversee management in the
performance of its responsibility for the integrity of the Company’s accounting and financial reporting and its systems of internal
controls, the performance and qualifications of the Company’s independent auditor, including the independent auditor’s independence,
the performance of the Company’s internal audit function; and the Company’s compliance with legal and regulatory requirements.

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Our audit committee consists of Wayne D. Linsley,
Carly Luogameno and Joseph Nelson, with Mr. Linsley serving as chair. Our board of directors has affirmatively determined that each meet
the definition of “independent director” under the rules of The Nasdaq Capital Market, and that they meet the independence
standards under Rule 10A-3. Each member of our audit committee meets the financial literacy requirements of Nasdaq rules. In addition,
our board of directors has determined that Wayne D. Linsley qualifies as an “audit committee financial expert,” as such term
is defined in Item 407(d)(5) of Regulation S-K. Our board of directors adopted a written charter for the audit committee, which
is available on our principal corporate website at www.datchat.com.

Compensation Committee. The compensation
committee is responsible for reviewing and recommending, among other things:

    ●
    the adequacy and form of compensation of the
    board;

    ●
    the compensation of Chief Executive Officer,
    including base salary, incentive bonus, stock option and other grant, award and benefits upon hiring and on an annual basis;

    ●
    the compensation of other senior management upon
    hiring and on an annual basis; and

    ●
    the Company’s incentive compensation and
    other