Company: EUDAW
Filing Date: 2025-04-29
Form Type: 20-F
Source: 0001641172-25-006627
Chunk: 59

Company: EUDA Health Holdings Ltd
Filing Date: 2025-04-29
Form: 20-F
Item: Item 6
Chunk 59
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 Lew, Dr. Kong-Yew Wong,
and Kent Kwong Yeow Liew would each be considered an “independent director” under the Nasdaq listing rules, which is defined
generally as a person other than an officer or employee of the company or its subsidiaries or any other individual having a relationship,
which, in the opinion of the company’s board of directors would interfere with the director’s exercise of independent judgment
in carrying out the responsibilities of a director. Our independent directors will have regularly scheduled meetings at which only independent
directors are present.

  39  

Audit
Committee

Under
the Nasdaq listing standards and applicable SEC rules, we are required to have three members of the audit committee all of whom must
be independent. Our audit committee of the board of directors consists of Eric Lew, Kong-Yew Wong and Kent Kwong Yeow Liew, each of whom
is an independent director under Nasdaq’s listing standards. Eric Lew is the Chairperson of the audit committee. The audit committee’s
duties, which are specified in our Audit Committee Charter, include, but are not limited to:

  reviewing                                                                                                                                 
  discussing                                                                                                                                
  discussing                                                                                                                                
  monitoring                                                                                                                                
  verifying                                                                                                                                 
  reviewing                                                                                                                                 
  inquiring                                                                                                                                 
  pre-approving                                                                                                                             
  appointing                                                                                                                                
  determining                                                                                                                               
  establishing                                                                                                                              
  approving                                                                                                                                 

The
audit committee will at all times be composed exclusively of “independent directors” who are “financially literate”
as defined under Nasdaq listing standards. Nasdaq listing standards define “financially literate” as being able to read and
understand fundamental financial statements, including a company’s balance sheet, income statement and cash flow statement.

In
addition, we must certify to Nasdaq that the committee has, and will continue to have, at least one member who has past employment experience
in finance or accounting, requisite professional certification in accounting, or other comparable experience or background that results
in the individual’s financial sophistication. The board of directors has determined that Eric Lew qualified as an “audit
committee financial expert,” as defined under rules and regulations of the SEC.

Corporate
Governance and Nominating Committee

Our
corporate governance and nominating committee (the “nominating committee”) of the board of directors consists of Kent Kwong
Yeow Liew, Eric Lew and Kong-Yew Wong, each of whom is an independent director under Nasdaq’s listing standards. Kent