Company: SDAWW
Filing Date: 2025-04-28
Form Type: 20-F
Source: 0001213900-25-036086
Chunk: 168

Company: SunCar Technology Group Inc.
Filing Date: 2025-04-28
Form: 20-F
Item: Item 16G
Chunk 168
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  approving annual audit plans, and undertaking an annual performance evaluation of the internal audit function;                                                                                        
  establishing and overseeing procedures for the handling of complaints and whistleblowing;                                                                                                             

  meeting separately and periodically with management, the internal auditors and the independent registered public accounting firm;                                           
  monitoring compliance with SunCar’s code of business conduct and ethics, including reviewing the adequacy and effectiveness of its procedures to ensure proper compliance;  
  reporting periodically to SunCar’s Board of Directors; and                                                                                                                  
  such other matters that are specifically delegated to SunCar’s Audit Committee by SunCar’s Board of Directors from time to time.                                            

Compensation Committee. SunCar’s Compensation Committee consists of Haidong Zhang and Lin Bao, and is chaired by Haidong Zhang. SunCar has determined
that Haidong Zhang and Lin Bao satisfy the “independence” requirements of Rule 5605(c)(2) of the Listing Rules of the Nasdaq.
The Compensation Committee assists the Board of Directors in reviewing and approving the compensation structure, including all forms of
compensation, relating to SunCar’s directors and executive officers. SunCar’s chief executive officer may not be present at
any committee meeting during which their compensation is deliberated upon. The Compensation Committee is responsible for, among other
things:

  reviewing and evaluating SunCar’s executive compensation and benefits policies generally;                                                                                   
  reviewing and recommending any incentive compensation or equity plans, programs or other similar arrangements;                                                              
  periodically reviewing and reassessing the adequacy of the committee charter;                                                                                               
  selecting compensation consultant, legal counsel or other adviser only after taking into consideration all factors relevant to that person’s independence from management;  
  reporting periodically to SunCar’s Board of Directors; and                                                                                                                  
  such other matters that are specifically delegated to the Compensation Committee by SunCar’s Board of Directors from time to time.                                          

Nominating and Corporate
Governance Committee. SunCar’s Nominating and Corporate Governance Committee consists of and be chaired by Haidong Zhang.
SunCar has determined that Haidong Zhang satisfies the “independence” requirements of Rule 5605(c)(2) of the Listing Rules
of the Nasdaq. The Nominating and Corporate Governance Committee will assist the Board of Directors in selecting individuals qualified
to become SunCar’s directors and in determining the composition of the Board of Directors and its committees. The Nominating and
Corporate Governance Committee is responsible for,