Company: LASE
Filing Date: 2025-06-24
Form Type: 10-K
Source: 0001641172-25-016194
Chunk: 91

Company: Laser Photonics Corp
Filing Date: 2025-06-24
Form: 10-K
Item: Item 9C
Chunk 91
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 SEC. The Audit Committee has received written disclosures and letters from M&K
CPAS, PLLC and has discussed their independence from management and the Company. Based upon the reviews and discussions, the
Audit Committee recommended to the Board of Directors that the previously mentioned audit financial statements should be included in
the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024, for filing with the SEC.

Compensation
Committee

Our
compensation committee is comprised of Troy Parkos and Carlos M. Gonzalez. Our board has determined that each of Mr. Parkos and Mr. Gonzalez
qualifies as an independent director under Section 5605(a)(2) of the Nasdaq rules and as “non-employee director” for purposes
of Section 16b-3 under the Exchange Act and does not have a material relationship with us that would affect their ability to be independent
from management in connection with the duties of a compensation committee member, as described in Section 5605(d)(2) of the Nasdaq rules.
Ms. Pathak serves as the chairman of our compensation committee.

Our
compensation committee has adopted a written compensation committee charter, viewable at https://laserphotonics.com/compensationcommittee,
that provides that the functions of our compensation committee include, among other things:

    ●
    reviewing and approving,
    or recommending to our board of directors for approval, the compensation of our executive officers and any compensatory arrangement
    with our executive officers;

    ●
    reviewing and recommending
    to our board of directors for approval the compensation of our directors and any changes to their compensation;

    ●
    reviewing and approving,
    or recommending to our board of directors for approval, and administering incentive compensation and equity incentive plans; and

    ●
    reviewing and establishing
    general policies relating to compensation and benefits of our employees and reviewing our overall compensation philosophy.

Nominating
and Corporate Governance Committee

Our
nominating and corporate governance committee is comprised of, Mr. Parkos and Mr. Gonzalez. Our board has determined that each of Mr.
Parkos and Mr. Gonzalez qualifies as an independent director under Section 5605(a)(2) of the Nasdaq rules. Ms. Pathak is the chairman
of our nominating and corporate governance committee.

57

We
have adopted a written nominating and corporate governance committee charter, viewable at https://laserphotonics.com/nominatingandg