Company: NCL
Filing Date: 2025-12-04
Form Type: 424B3
Source: 0001575872-25-000746
Chunk: 71

Company: Northann Corp.
Filing Date: 2025-12-04
Form: 424B3
Chunk 71
---
 Audit Committee
will be ratified by the full Audit Committee at the next regularly scheduled meeting or within 120 days from approval by the chairperson.

Our Audit Committee has determined
that the following transactions, even if the amount exceeds the applicable dollar threshold set forth under Item 404 of Regulation S-K
in the aggregate, will be deemed to be pre-approved by the Audit Committee:

| ● | any employment of certain named executive officers that                                                                                   
 would be publicly disclosed;                                                                                                              |
| ● | director compensation that would be publicly disclosed;                                                                                   |
| ● | transactions with other companies where the related person’s                                                                              
 only relationship is as a director or owner of less than ten percent of such company (other than a general partnership), if the aggregate 
 amount involved does not exceed the greater of $200,000 or five percent of that company’s consolidated gross revenues                     |
| ● | transactions where all stockholders receive proportional benefits;                                                                        |
| ● | transactions involving competitive bids;                                                                                                  |
| ● | transactions with a related person involving the rendering of services                                                                    
 at rates or charges fixed in conformity with law or governmental authority; and                                                           |
| ● | transactions with a related person involving services as a bank depositary                                                                
 of funds, transfer agent, registrar, trustee under a trust indenture or similar services.                                                 |

In addition, the Audit Committee
will review the policy at least annually and recommend amendments to the policy to our Board from time to time.

The policy provides that
all related person transactions will be disclosed to the Audit Committee, and all material related person transactions will be disclosed
to our Board. Additionally, all related person transactions requiring public disclosure will be properly disclosed, as applicable, on
our various public filings.

The Audit Committee will
review all relevant information available to it about the related person transaction. The policy provides that the Audit Committee may
approve or ratify the related person transaction only if the Audit Committee determines that, under all of the circumstances, the transaction
is in, or is not inconsistent with, our best interests and the best interests of our stockholders. The policy also provides that the
Audit Committee may, in its sole discretion, impose such conditions as it deems appropriate on us or the related person in connection
with approval of the related person transaction.

| 41 |

<div align='center'>OTHER INFORMATION</div>

Stockholder Proposals

Pursuant to Rule 14a–8 under the Exchange Act, proposals by stockholders
that are intended for inclusion in our