Company: LASE
Filing Date: 2025-11-13
Form Type: DEFR14A
Source: 0001493152-25-022340
Chunk: 25

Company: Laser Photonics Corp
Filing Date: 2025-11-13
Form: DEFR14A
Chunk 25
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 likely to have a material adverse effect on our company. In addition, we do not believe that the mix and design of the components of our executive compensation program will encourage management to assume excessive risks. We believe that our current business process and planning cycle fosters the behaviors and controls that would mitigate the potential for adverse risk caused by the action of our executives. We believe that the following aspects of our executive compensation program mitigate the potential for adverse risk caused by the action of our executives:

| ● | annual                                                                                                                               
 establishment of corporate and individual objectives for our performance-based cash bonus programs for our executive officers, which 
 we believe is consistent with our annual operating and strategic plans, designed to achieve the proper risk/reward balance and not   
 require excessive risk taking to achieve;                                                                                            |
| ● | the                                                                                                                                  
 mix between fixed and variable, annual and long-term and cash and equity compensation, which we believe encourages strategies and    
 actions that balance our short-term and long-term best interests; and                                                                |
| ● | equity                                                                                                                               
 incentive awards that vest over a period of time, which we believe encourages executives to take a long-term view of our business.   |

Tax and Accounting Considerations

Section 162(m) of the Internal Revenue Code of 1986, as amended, or the Code, generally disallows a tax deduction for compensation in excess of $1,000,000 per person paid to a publicly traded company’s chief executive officer and three other most highly paid officers, other than the chief financial officer.

We account for equity compensation paid to our employees in accordance with Financial Accounting Standards Board, or FASB, Accounting Standard Codification Topic 718, Compensation-Stock Compensation, or ASC 718, which requires us to measure and recognize compensation expense in our financial statements for all share-based payments based on an estimate of their fair value over the service period of the award. We record cash compensation as an expense at the time the obligation is accrued.

Summary Compensation Table

The following table reflects compensation paid or awarded to our named executive officers during the fiscal years ended December 31, 2024 and 2023.

<div align='center'>SUMMARY COMPENSATION TABLE</div>

| Name and Principal Occupation1                   |     | Year |     | Salary($) |         |     | Bonus($) |   |     | Stock Awards($) |   |     | Option Awards ($) |   |     | All Other Compensation ($) |       |     | Total($) |         |
| Wayne Tupuola,                                   |     |