Company: NTCS
Filing Date: 2025-06-06
Form Type: 10-K
Source: 0001683168-25-004268
Chunk: 281

Company: Natics Corp.
Filing Date: 2025-06-06
Form: 10-K
Item: Item 9A
Chunk 281
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    Treasurer, Secretary
     
    2025
     
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Securities Authorized for Issuance Under Equity Compensation
Plans

The Company does not have any policies or practices on the timing
of awards of options in relation to the disclosure of material nonpublic information by the Company. The Company did not issue any options
in 2025.

Compensation of Directors

Directors are permitted to receive fixed fees
and other compensation for their services as directors. The Board of Directors has the authority to fix the compensation of directors.
No amounts have been paid to, or accrued to, our director in such capacity.

Stock Plan

We have not adopted a stock plan but may do so
in the future.

Director Independence

Our securities are not currently traded on any
public exchange and as such, we are not currently subject to corporate governance standards of listed companies, which require, among
other things, that the majority of the board of directors be independent. We are not currently subject to corporate governance standards
defining the independence of our directors, and we have chosen to define an “independent” director in accordance with the
NASDAQ Global Market’s requirements for independent directors.

Under the NASDAQ rules, our current director does
not qualify as an independent director.

Item 12. Security Ownership of Certain Beneficial
Owners and Management and Related Stockholder Matter.

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

Directors and Executive Officers

The following table sets forth the beneficial
ownership (and the percentages of outstanding shares represented by such beneficial ownership) as of April 30, 2025, of (i) each director,
(ii) the current NEOs named in the “Summary Compensation Table” contained in this Form 10-K and (iii) all current directors
and executive officers as a group. Except as otherwise indicated, we believe that the beneficial owners of the common stock listed below,
based on information provided by such owners, have sole investment and voting power with respect to such shares, subject to community
property laws where applicable. Persons, who have