Company: NEOV
Filing Date: 2025-10-28
Form Type: DEF 14A
Source: 0001683168-25-007811
Chunk: 10

Company: NeoVolta Inc.
Filing Date: 2025-10-28
Form: DEF 14A
Chunk 10
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 served as our chief technology officer since October 2025. From 2023 to 2025, Mr. Enzendorfer served as chief executive officer of Neubau Energy in California and managing director of Neubau Energy GmbH in Vienna; previously, from 2009 to 2016 he was Director of Solar Energy at Fronius USA and later served as President at Soligent Distribution LLC.                                                                                                                      |

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Corporate Governance and Board Matters

We are committed to sound
corporate governance principles, which are essential to running our business efficiently and maintaining our integrity in the marketplace.
Certain features of our corporate governance practices are provided below.

Director Qualifications

We believe that our directors
should have the highest professional and personal ethics and values. They should have broad experience at the policy-making level in business,
banking, real estate or technology. They should be committed to enhancing stockholder value and should have sufficient time to carry out
their duties and to provide insight and practical wisdom based on experience. Their service on boards of other companies should be limited
to a number that permits them, given their individual circumstances, to perform responsibly all director duties. Each director must represent
the interests of all stockholders. When considering potential director candidates, our Board also considers the candidate’s character,
judgment, diversity, skill set, specific business background and global or international experience in the context of our needs and those
of the Board.

Director Independence

The rules of the Nasdaq Stock
Market, or the Nasdaq Rules, require a majority of a listed company’s board of directors to be composed of independent directors.
In addition, the Nasdaq Rules require that, subject to specified exceptions, each member of a listed company’s audit, compensation
and nominating and governance committees be independent. Under the Nasdaq Rules, a director will only qualify as an independent director
if, in the opinion of our Board of Directors, that person does not have a relationship that would interfere with the exercise of independent
judgment in carrying out the responsibilities of a director. The Nasdaq Rules also require that audit committee members satisfy independence
criteria set forth in Rule 10A-3 under the Securities Exchange Act of 1934, as amended, or the Exchange Act. In order to be considered
independent for purposes of Rule 10A-3, a member of an audit committee of a listed company may not, other than in his or her capacity
as a member of the audit committee, the board of directors