Company: FOXX
Filing Date: 2025-10-15
Form Type: 10-K
Source: 0001213900-25-098953
Chunk: 1199

Company: Foxx Development Holdings Inc.
Filing Date: 2025-10-15
Form: 10-K
Item: Item 6
Chunk 1199
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 officers, and ten percent stockholders complied with all Section 16(a) filing
requirements, except that Mr. Jeff Jiang was late in filing a Form 4 in connection
with his resignation as a director, and Mr. John Chiang was late in filing a Form 3 in connection with his appointment as a director.

ITEM
11. EXECUTIVE COMPENSATION

We are an emerging growth company as such term is defined under the
Exchange Act. This section discusses the material elements of compensation awarded to, earned by or paid to Foxx’s principal
executive officer and other executive officers (other than our principal executive officer). Together, these officers are referred to
as our “named executive officers” or “NEOs.”

The Company has entered into
employment agreements with each of its executive officers, pursuant to which each executive officer is entitled to the following compensation
arrangement for each fiscal year. In addition to the base salary, each executive officer shall receive medical benefits, including medical,
vision, dental, and unemployment plans. In addition, each of the executive officers below is entitled to participate in the Incentive
Plan, as determined by the Board or its designee, as the administrator of the Incentive Plan. 

    Name and Principal Position 
    2024 Salary ($)  
    2025 Salary ($)  
    Bonus ($)  
    Equity Awards ($) 
    All Other Compensation ($)
  
    Greg Foley 

    Chief Executive Officer; 

    Executive Vice President of Business Development of the Operating Subsidiary 
    $275,000  
     265,833  
     N/A  
    N/A 
    N/A
  
    Haitao Cui 

    Executive Vice President; Chief Executive Officer of the Operating Subsidiary 
    $300,000  
     290,000  
     N/A  
    N/A 
    N/A
  
    “Joy” Yi Hua 

    Chairwoman and Chief Financial Officer; 

    Chief Financial Officer of the Operating Subsidiary 
    $--  
     290,000  
     N/A  
    N/A 
    N/A
  
    James Liao 

    Chief Technology Officer; 

    Chief Technology Officer of the Operating Subsidiary 
    $180,000  
     177,000  
     N/A  
    N/A 
    N/A