Company: NCL
Filing Date: 2025-12-04
Form Type: DEF 14A
Source: 0001575872-25-000744
Chunk: 60

Company: Northann Corp.
Filing Date: 2025-12-04
Form: DEF 14A
Chunk 60
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 own more than 10% of a registered class of
the our shares that no other reports were required, the Company believes that all directors did not comply during 2024 with the reporting
requirements of Section 16(a) of the Exchange Act, due to their late filings of Form 3s and/or Form 4s.

<div align='center'>EQUITY COMPENSATION PLAN INFORMATION</div>

The following table provides
information about our common stock that may be issued upon the exercise of options, warrants and rights under all our existing equity
compensation plans as of December 31, 2024.

| Plan Category                                           
 Equity Compensation Plans Approved by Security Holders: |     | Number of     
 Securities to 
 be Issued     
 Upon          
 Exercise      
 of            
 Outstanding   
 Options,      
 Warrants      
 or Rights     |   |     | Weighted-Average Exercise     
 Price of Outstanding Options, 
 Warrants                      
 and Rights                    |   |     | Number              
 of Securities       
 Remaining           
 Available for       
 Future              
 Issuance Under      
 Equity Compensation 
 Plans               |           |    |
|:--------------------------------------------------------|:----|:--------------|:--|:----|:------------------------------|:--|:----|:--------------------|----------:|---:|
| 2023 Plan                                               |     |               | - |     | $                             | - |     |                     | 8,000,000 | -1 |

| (1) | This number does not reflect the 1-for-8 reverse stock split of the Company’s common stock and Series 
 A Preferred Stock that the Company effected on October 7, 2025.                                       |

| 34 |

<div align='center'>EXECUTIVE COMPENSATION AND RELATED INFORMATION</div>

Executive Officers

The following table sets
forth certain information regarding our named executive officers:

| Name            |     | Age |     | Positions Held                                               |
| Lin Li          |     |  45 |     | Chief Executive Officer, President, Secretary, and Treasurer |
| Kurtis W. Winn  |     |  60 |     | Chief Operating Officer                                      |
| Sunny S. Prasad |     |  51 |     | Interim Chief Financial Officer                              |

Mr. Lin Li is the founder
and serves as the Chairman of the Board, Chief Executive Officer, President, Secretary, and Treasurer of the Company. Mr. Li has also
held executive officer and/or director positions at each of our subsidiaries since inception in