Company: TPET
Filing Date: 2025-01-17
Form Type: 10-K
Source: 0001493152-25-002760
Chunk: 1334

Company: Trio Petroleum Corp.
Filing Date: 2025-01-17
Form: 10-K
Item: Item 6
Chunk 1334
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 VI, VII and VIII since December 2023, as a member of the board of director of DrillWaste Corp.
since October 2023, as a member of the board of directors of D3 Energy Corporation since 2022, and Panvaxal, LLC, a private biotechnology
company since 2019. Mr. Pernice is also member of the board of advisors to JMS Energy Impact Fund since October 2023 and a member of
the board of advisors to IOCharge Corp since September 2023. Mr. Pernice holds a BA in Broadcast Journalism from the University of Southern
California.

46

James
H. Blake (Director) has served as a Director since October 2024. From 1995 to 2024, when he retired, Mr. Blake served in the banking
industry as an investment advisor and a Portfolio Manager and first Vice President overseeing a large portfolio of investments. Mr. Blake
earned a Bachelor of Commerce degree in 1991 and completed his certification as a Chartered Financial Analyst in 2003.

Family
Relationships

There
are no family relationships among our directors or executive officers.

Director
or Officer Involvement in Certain Prior Legal Proceedings

Our
directors and executive officers were not involved in any legal proceedings as described in Item 401(f) of Regulation S-K in the past
ten years, other than Mr. Pernice who served as a co-founder of Gibraltar Associates, LLC, a private company, from 2007 until 2013, which
entity went into receivership in approximately September 2014.

Board
Composition and Election of Directors

Our
board of directors currently consists of six members. Under our amended and restated bylaws, the number of directors will be determined
from time to time by our board of directors.

Director
Independence

Our
board has determined that Stanford Eschner and Robin Ross currently have relationships that would interfere with the exercise of independent
judgment in carrying out the responsibilities of a director, such that they cannot be deemed “independent” as that term is
defined under the rules of the NYSE American, or the NYSE American rules. Our board has determined that William Hunter, John Randall,
Thomas J. Pernice and James H. Blake are all “independent” as that term is defined under the NYSE American rules. As required
under the NYSE American rules a majority of the members serving on the Board are considered to be “