Company: FORA
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0001140361-25-016300
Chunk: 19

Company: Forian Inc.
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 19
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, to the extent required. |

The members of our Compensation Committee are Dr. Adler, Mr. Banwell and Mr. Trotman. Mr. Trotman serves as the chairperson of the Compensation Committee. Our Board has determined that each of Dr. Adler, Mr. Banwell and Mr. Trotman is independent under the applicable Nasdaq rules, including the Nasdaq rules specific to membership on the Compensation Committee, and is a “non-employee director” as defined in Rule 16b-3 promulgated under the Exchange Act. Our Compensation Committee met once during our fiscal year ended December 31, 2024. Nominating Committee The Nominating and Corporate Governance Committee’s responsibilities include:

| • | identifying individuals qualified to become Board members; |

| • | recommending to our Board the persons to be nominated for election as directors and to each Board committee; |

| • | developing and recommending to our Board corporate governance guidelines and reviewing and recommending to our Board proposed changes to our corporate governance guidelines from time to time; and |

| • | overseeing a periodic evaluation of our Board. |

The members of our Nominating Committee are Ms. Hajj and Ms. Varadhan. Ms. Varadhan serves as the chairperson of the Nominating Committee. Our Board has determined that Ms. Hajj and Ms. Varadhan are independent under the applicable Nasdaq rules. The Nominating Committee recommends candidates based upon many factors, including the diversity of their business or professional experience and their array of talents and perspectives. We believe that the Nominating Committee’s existing nominations process is designed to identify the best possible nominees for our Board, regardless of the nominee’s gender, racial background, religion or ethnicity. The Nominating Committee identifies candidates through a variety of means, including recommendations from members of our Board and suggestions from our management, including our Chief Executive Officer. In addition, the Nominating Committee considers candidates recommended by third parties, including stockholders. The Nominating Committee gives the same consideration to candidates recommended by stockholders as those candidates recommended by members of our Board. Stockholders wishing to recommend director candidates for consideration by the Nominating Committee may do so by writing to our Secretary and giving the recommended candidate’s name, biographical data and qualifications. Nominees should have a reputation for integrity, honesty and adherence to high ethical standards, should have demonstrated business acumen, experience and ability to exercise sound judgments in matters that relate to the current and long-term objectives of the Company,