Company: ARAI
Filing Date: 2025-07-15
Form Type: S-1/A
Source: 0001641172-25-019572
Chunk: 123

Company: Arrive AI Inc.
Filing Date: 2025-07-15
Form: S-1/A
Chunk 123
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 in
previously authorized directorships. Our Board currently consists of eight directors.

When considering whether directors and nominees
have the experience, qualifications, attributes or skills, taken as a whole, to enable our Board to satisfy its oversight responsibilities
effectively in light of our business and structure, the Board focuses primarily on each person’s background and experience as reflected
in the information discussed in each of the directors’ individual biographies set forth above. We believe that our directors provide
an appropriate mix of experience and skills relevant to the size and nature of our business.

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Term of Office

Our directors are appointed to hold office for
a three year term or until removed from office in accordance with our bylaws. Our officers are appointed by our board of directors and
hold office until removed by the board.

Corporate Governance Profile

The structure of our corporate governance include
the following:

| ● | Our directors are subject to re-election every three years;                                                                        |
| ● | Our directors satisfy the Nasdaq listing standards for independence;                                                               |
| ● | Generally, all matters to be voted on by stockholders is approved by                                                               
 a majority (or, in the case of election of directors, by a plurality) of the votes entitled to be cast by all stockholders present 
 in person or represented by proxy, voting together as a single class;                                                              |
| ● | We intend to comply with the requirements of the Nasdaq marketplace                                                                
 rules, including having committees comprised of independent directors; and                                                         |
| ● | We currently do not have a stockholder rights plan.                                                                                |

Our directors stay informed about our business
by attending meetings of our Board and its committees and through supplemental reports and communications. Our independent directors
meet regularly in executive sessions without the presence of our corporate officers or non-independent directors.

Role of the Board in Risk Oversight

The Board actively manages the Company’s
risk oversight process and receives periodic reports from management on areas of material risk to the Company, including operational,
financial, legal, and regulatory risks. The Board committees will assist the Board in fulfilling its oversight responsibilities in certain
areas of risk. The Audit and Finance Committee will assist the Board with its oversight of the Company’s major financial risk exposures.
The Compensation Committee will assist the Board with its oversight of risks arising from the Company’s compensation policies and
programs. The Corporate Governance and Nominating Committee will assist the Board with its oversight of risks associated with board organization,
board independence, and corporate governance. While each committee will be responsible for