Company: OPGN
Filing Date: 2025-08-21
Form Type: 10-K
Source: 0001829126-25-006628
Chunk: 316

Company: OPGEN INC
Filing Date: 2025-08-21
Form: 10-K
Item: Item 1B
Chunk 316
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 related person transactions for potential conflict of interest situations and approving all such transactions; and 

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    reviewing quarterly earnings releases, if applicable. 

Compensation Committee

The current members of our compensation committee are: Chua Kok Hoe Victor (Chair) and Lim Zhao Qi Ken. We have adopted a compensation committee charter that details the purposes and responsibilities of the committee, including:

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    annually reviewing and recommending to our Board corporate goals and objectives, and determining the achievement thereof, relevant to the compensation of our Chief Executive Officer and other executive officers; 

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    evaluating the performance of our Chief Executive Officer in light of such corporate goals and objectives and recommending to our Board the compensation of our Chief Executive Officer; 

    -
    determining, or reviewing and recommending to our Board for approval, the compensation of our other executive officers; 

    -
    reviewing and establishing our overall management compensation philosophy and policy; 

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    overseeing and administering our compensation and similar plans; 

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    evaluating and assessing potential current compensation advisors in accordance with the independence standards identified in the applicable Nasdaq Stock Market rules; 

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    retaining and approving the compensation of any compensation advisors; 

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    reviewing and approving, or reviewing and recommending to our Board for approval, our policies and procedures for the grant of equity-based awards; 

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    determining or reviewing and making recommendations to our Board with respect to director compensation; 

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    preparing the compensation committee report required by SEC rules to be included in our annual proxy statement; 

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    reviewing and discussing with management the compensation discussion and analysis to be included in our annual proxy statement or Annual Report on Form 10-K; and 

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    reviewing and discussing with our Board corporate succession plans for the Chief Executive Officer and other key officers. 

34

Nomination of Directors

The full Board acts to evaluate, on an annual basis, the composition of the Board and the skills, qualifications, business attributes and experience of the existing Board members. The specific process for identifying and evaluating new directors, including stockholder-recommended nominees, if any, will vary based on an assessment of the then-current needs of the Board and the Company. The Board will determine the desired profile of a new director, the competencies we are seeking, including experience in one or more areas of need, as determined by the Board. Candidates will be evaluated in light of the target criteria established by the Board.

Procedures for Nominating a Director Candidate

The Board considers nominations by stockholders who recommend candidates for