Company: AWRE
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0000950170-25-058702
Chunk: 16

Company: AWARE INC /MA/
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 16
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 our shareholders. The nominating and corporate governance committee has discretion as to the determination of which individuals will best fit these criteria. We believe that all of the nominees for election to the board of directors at the 2025 Annual Meeting possess these characteristics. Although the nominating and corporate governance committee considers the diversity of board members, including diversity of experience, gender and ethnicity, when considering candidates, we have not adopted any diversity policies relating to the nomination of candidates for director. We believe the current members of our board of directors reflect our commitment to diversity.

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#### Board

#### leadership structure

#### and role in risk oversight
Our board of directors believes that Aware and its stockholders are best served at this time by having Mr. Evee serve as our chairman and Mr. Amlani serve as our chief executive officer and president. In his role as chairman, Mr. Evee oversees key strategic, corporate and governance activities. In his position as chief executive officer and president, Mr. Amlani, oversees the day-to-day operations of Aware. The board of directors believes that having a non-employee, independent director as chairman is an important aspect of effective corporate governance. In his role as chairman, Mr. Evee’s responsibilities include the following:

Acting as a liaison between the independent directors and the chief executive officer and president;

Presiding at executive sessions of the independent directors;

Facilitating discussions among the independent directors on key issues and concerns outside of board meetings;

In collaboration with the chief executive officer and president, preparing agendas for board meetings; and

Working with the board’s committees.

Our management is responsible for the day-to-day management of the risks that we face, while the board, as a whole and through its committees, has responsibility for the oversight of risk management. In its risk oversight role, the board is responsible for satisfying itself that the risk management processes are adequate and functioning as designed. The board’s involvement in risk oversight includes receiving regular reports from members of senior management and evaluating areas of material risk to Aware, including operational, financial, legal, regulatory, strategic, and reputational risks.

#### Certain relationships an

#### d related transactions
In March 2007, our board of directors formally adopted a written policy with respect to related person transactions to document procedures pursuant to which such transactions are reviewed and approved. The policy applies to any transaction in which (1) we are a participant, (2) any related person has a direct or indirect material interest and (3) the amount