Company: SNBH
Filing Date: 2025-04-16
Form Type: 10-K
Source: 0001731122-25-000581
Chunk: 289

Company: SENTIENT BRANDS HOLDINGS INC.
Filing Date: 2025-04-16
Form: 10-K
Item: Item 3
Chunk 289
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 and global markets.

Officers are elected annually by the Board of Directors
(subject to the terms of any employment agreement), at its annual meeting, to hold such office until an officer’s successor has
been duly appointed and qualified, unless an officer sooner dies, resigns or is removed by the Board.

Board Leadership Structure and Role in Risk Oversight

Our Board of Directors (“Board”) is primarily
responsible for overseeing our risk management processes on behalf of the Company. The Board receives and reviews periodic reports from
management, auditors, legal counsel, and others, as considered appropriate regarding our company’s assessment of risks. In addition,
the Board focuses on the most significant risks facing our company and our company’s general risk management strategy, and also
ensures that risks undertaken by our company are consistent with the board’s appetite for risk. While the Board oversees our company’s
risk management, management is responsible for day-to-day risk management processes. We believe this division of responsibilities is the
most effective approach for addressing the risks facing our company and that our board leadership structure supports this approach.

29

Composition of our Board of Directors

Our board of directors currently consists of a sole
member. Our present directors and our former directors are not considered independent. Our directors hold office until their successors
have been elected and qualified or until the earlier of their death, resignation, or removal. There are no family relationships among
any of our directors or executive officers.

Involvement in Certain Legal Proceedings

To our knowledge, our directors and executive officers
have not been involved in any of the following events during the past ten years:

    1.
    any bankruptcy petition filed by or against such person or any business of which such person was a general partner or executive officer either at the time of the bankruptcy or within two years prior to that time;

    2.
    any conviction in a criminal proceeding or being subject to a pending criminal proceeding (excluding traffic violations and other minor offenses);

    3.
    being subject to any order, judgment, or decree, not subsequently reversed, suspended or vacated, of any court of competent jurisdiction, permanently or temporarily enjoining him from or otherwise limiting his involvement in any type of business, securities or banking activities or to be associated with any person practicing in banking or securities activities;

    4.
    being found by a court of competent jurisdiction in a civil action, the SEC or the Commodity Futures Trading Commission to have violated a Federal or state securities or commodities law, and the judgment has not been