Company: FLDDW
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-004107
Chunk: 1430

Company: Fold Holdings, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 9
Chunk 1430
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 indemnification.

In addition, we have entered into separate indemnification agreements
with each of our directors and executive officers. These agreements, among other things, require us to indemnify our directors and executive
officers for certain expenses, including attorneys’ fees, judgments, fines and settlement amounts incurred by a director or executive
officer in any action or proceeding arising out of their services as one of our directors or executive officers or any other company or
enterprise to which the person provides services at our request.

We believe these provisions in the Charter and the Bylaws are necessary
to attract and retain qualified persons as directors and officers.

Insider Trading Policy

The Company has adopted insider trading policies and procedures
governing the purchase, sale, and/or other dispositions of the Company’s securities by directors, officers and employees that are
reasonably designed to promote compliance with insider trading laws, rules and regulations, and any listing standards applicable to the
Company. A copy of the Company’s Insider Trading Policy has been filed as Exhibit 19 to this Annual Report.

Code of Business Conduct for Employees, Executive Officers and
Directors

The Board has adopted a Code of Conduct, applicable to all of our employees,
executive officers and directors. The Code of Conduct is available on our website at https://foldapp.com/. Information contained
on or accessible through our website is not a part of this Annual Report and the inclusion of our website address is an inactive textual
reference only. The nominating and corporate governance committee of the Board is responsible for overseeing the Code of Conduct and must
approve any waivers of the Code of Conduct for employees, executive officers and directors. Any amendments to the Code of Conduct, or
any waivers of its requirements, will be disclosed on our website.

Non-Employee Director Compensation

The Board expects to review director compensation periodically to ensure
that director compensation remains competitive such that the Company is able to recruit and retain qualified directors. In connection
with the consummation of the Business Combination, we approved and implemented the Director Compensation Program for our non-employee
directors.

85

Item 11.
EXECUTIVE COMPENSATION.

Throughout this section, unless otherwise noted,
“the company,” “we,” “us,” “our” and similar terms refer to Fold prior to the Business
Combination.

This section discusses the material components of
the executive compensation program for Fold’s executive officers who are named in the “2024 Summary Compensation Table”
below. In 2024,