Company: BOF
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004712
Chunk: 67

Company: BranchOut Food Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 8
Chunk 67
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 meaning of Item 407(d) of Regulation S-K under the Securities Act. The Audit Committee consists of Mr. Jones, Mr. Israel and
Mr. Somerville. Mr. Jones serves as chair of the Audit Committee.

Compensation
Committee

The
Compensation Committee is responsible for, among other things:

    ●
    assisting
    the board of directors in developing and reviewing compensation programs applicable to our executive officers and directors;

    ●
    overseeing
    our Company’s overall compensation philosophy, strategy, and objectives;

    ●
    approving
    the total compensation opportunity, as well as each component of compensation, paid to our executive officers and directors;

    ●
    administering
    our equity-based and cash-based compensation plans applicable to our directors, officers, and employees;

    ●
    preparing
    the report of the compensation committee required by SEC rules to be included in our annual proxy statement; and

    ●
    performing
    such other duties and responsibilities as an enumerated and consistent with the Compensation Committee charter.

Our
Compensation Committee operates under a written charter, which satisfies the requirements of applicable Nasdaq listing standards, which
is available on our principal corporate website located at www.branchoutfood.com.

The
Board has affirmatively determined that each member of the Compensation Committee meets the independence criteria applicable to Compensation
Committee members under SEC rules and Nasdaq listing rules. The Company believes that the composition of the Compensation Committee meets
the requirements for independence under, and the functioning of such Compensation Committee complies with, any applicable requirements
of the rules and regulations of Nasdaq listing rules and the SEC. The Compensation Committee consists of Mr. Israel and Mr. Somerville.
Mr. Israel serves as chair of the Compensation Committee.

Nominating
and Corporate Governance Committee

The
Nominating and Corporate Governance Committee is responsible for, among other things:

    ●
    assisting
    the board of directors in identifying candidates qualified to serve as directors, consistent with selection criteria approved by
    the board of directors and the nominating and corporate governance committee;

    ●
    recommending
    to the board of directors the appointment of director nominees that meet the selection criteria;

    ●
    recommending
    to the board of directors the appointment of directors to serve on each committee of the board of directors;

    ●
    developing
    and recommending to the board of directors such corporate governance policies and procedures as the nominating and corporate governance
    committee determines is appropriate from time to time