Company: FLYE
Filing Date: 2025-07-15
Form Type: 10-K
Source: 0001213900-25-064293
Chunk: 1650

Company: Fly-E Group, Inc.
Filing Date: 2025-07-15
Form: 10-K
Item: Item 9
Chunk 1650
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 in
charge of a significant principal business unit, division, or function (such as sales, administration, or finance), and any other officer
or person who performs a policy-making function.

This clawback
policy pertains to incentive-based compensation, which includes any compensation that is granted, earned, or vested wholly or in part
based on the achievement of a financial reporting measure. It mandates the recovery of such compensation from an executive officer in
cases where we must prepare an accounting restatement due to material noncompliance with U.S. financial reporting requirements under
the securities laws. This includes any necessary restatement to correct an error in previously issued financial statements that is material
to those statements, or that would result in a material misstatement if the error were corrected in the current period or left uncorrected.

The Compensation
Committee will make determinations regarding “materiality” for the purposes of this policy.

The incentive-based compensation
eligible for recovery under this policy includes compensation received during the three completed fiscal years immediately preceding
the date we are required to prepare an accounting restatement, as outlined above. This applies provided that the individual served as
an executive officer at any time during the performance period relevant to the incentive-based compensation.

Delinquent Section 16(a) Reports 

Section 16(a) of the Exchange
Act requires the Company’s officers, directors and persons who beneficially own more than ten percent of its common stock to file
reports of ownership and changes in ownership with the SEC. These reporting persons are also required to furnish the Company with copies
of all Section 16(a) forms they file. Based solely on our review of such forms furnished to us, we believe that the applicable reporting
requirements of Section 16(a) have been satisfied.

Item 11. Executive Compensation

The
following table shows the compensation awarded to or earned during the years ended March 31, 2025 and 2024 by our chief executive
officer. Other than as listed below, we did not have any officers that received more than $100,000 in compensation during the years
ended March 31, 2025 and 2024. The person listed in the following table is referred to herein as the “named executive officer.”

    Name and principal position 
    Year  
     Salary  
    Bonus  
    Stock  Awards  
    Option Awards  
    All Other  Compensation  
    Total  ($) 
  
    Zhou Ou 
     2025