Company: COOT
Filing Date: 2025-03-21
Form Type: DEF 14A
Source: 0001641172-25-000118
Chunk: 24

Company: Australian Oilseeds Holdings Ltd
Filing Date: 2025-03-21
Form: DEF 14A
Chunk 24
---
 executive officer in the manner that
it believes is in the best interests of our shareholders. Accordingly, the positions of Chair and the Chief Executive Officer may be
filled by either one individual or two individuals. At present, the Chair and the Chief Executive Officer roles are served by one person.
Our Board believes that our current leadership structure and the composition of our Board protect shareholder interests and provide adequate
independent oversight, while also providing outstanding leadership and direction for our Board and management.

Aside from our Chief Executive Officer and Chairman
(Gary Seaton) or our Chief Financial Officer (Amarjeet Singh), each of our other directors is “independent” under Nasdaq
standards, as more fully described herein. The independent directors meet in executive sessions, without management present, during each
regularly scheduled Board meeting and are very active in the oversight of our Company. In addition, our Board and each committee of Board
has complete and open access to any member of management and the authority to retain independent legal, financial and other advisors
as they deem appropriate.

| 13 |

Effective risk oversight is an important priority
of the Board. Because risks are considered in virtually every business decision, the Board discusses risk throughout the year generally
or in connection with specific proposed actions. The Board’s approach to risk oversight includes understanding the critical risks
in our business and strategy, evaluating our risk management processes, allocating responsibilities for risk oversight among the full
Board, and fostering an appropriate culture of integrity and compliance with legal responsibilities.

Our Board has an active role, as a whole and at committee
levels, in overseeing management of our risks. Our Board oversees management of risks associated with operations and cybersecurity. The
Board of Directors and management are actively involved in reviewing our information security and cybersecurity strategies and updating
these strategies as risks evolve. While each standing Board committee is responsible for overseeing the management of risks relating
to its area of oversight, the entire Board is regularly informed about these risks through committee meeting attendance or committee
reports.

The Audit Committee of the Board of Directors has
oversight of our cybersecurity program and is responsible for reviewing and assessing the Company’s cybersecurity and data protection
policies, procedures and resource commitment, including key risk areas and mitigation strategies. As part of this process, the Audit
Committee receives regular updates from the Chief Technology Officer on critical issues related to our information security risks, cybersecurity
strategy, supplier risk and business continuity capabilities. The Audit Committee also oversees the management of accounting, financial
reporting, and financial