Company: DDC
Filing Date: 2025-10-24
Form Type: F-1
Source: 0001213900-25-102214
Chunk: 219

Company: DDC Enterprise Ltd
Filing Date: 2025-10-24
Form: F-1
Chunk 219
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 party transactions, as defined in Item 404 of Regulation S -Kunder the Securities Act; •discussing the annual audited financial statements with management and the independent registered public accounting firm; •reviewing the adequacy and effectiveness of our accounting and internal control policies and procedures and any special steps taken to monitor and control major financial risk exposures; •approving annual audit plans, and undertaking an annual performance evaluation of the internal audit function; 130 •establishing and overseeing procedures for the handling of complaints and whistleblowing; and •meeting separately and periodically with management and the independent registered public accounting firm. Compensation Committee.Our compensation committee consist of our three independent directors and is chaired by Mr. Samuel Chun Kong Shih. We have determined that he satisfies the “independence” requirements of Section 303A of the NYSE Corporate Governance Rules. The compensation committee assists the board in reviewing and approving the compensation structure, including all forms of compensation, relating to our directors and executive officers. Our chief executive officer may not be present at any committee meeting during which their compensation is deliberated upon. The compensation committee is responsible for, among other things: •overseeing the development and implementation of compensation programs in consultation with our management; •at least annually, reviewing and approving, or recommending to the board for its approval, the compensation for our executive officers; •at least annually, reviewing and recommending to the board for determination with respect to the compensation of our non -executivedirectors; •at least annually, reviewing periodically and approving any incentive compensation or equity plans, programs or other similar arrangements; •reviewing executive officer and director indemnification and insurance matters; and •overseeing our regulatory compliance with respect to compensation matters, including our policies on restrictions on compensation plans and loans to directors and executive officers. Nominating and Corporate Governance Committee.Our nominating and corporate governance committee consist of our three independent directors, and is chaired by Mr. Matthew Gene Mouw. We have determined that he satisfies the “independence” requirements of Section 303A of the NYSE Corporate Governance Rules. The nominating and corporate governance committee assists the board in selecting individuals qualified to become our directors and in determining the composition of the board and its committees. The nominating and corporate governance committee is responsible for, among other things: •recommending nominees to the board for election or re -electionto the board, or for appointment to fill any vacancy on the board; •reviewing annually with the board the current composition of the board with regards to characteristics such