Company: MVNC
Filing Date: 2025-01-10
Form Type: PRE 14C
Source: 0001683168-25-000215
Chunk: 33

Company: Marvion Inc.
Filing Date: 2025-01-10
Form: PRE 14C
Chunk 33
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ay” proposal, gives shareholders the opportunity to express their views regarding the compensation
of the named executive officers by voting to approve or not approve such compensation as described in this proxy statement. This vote
is advisory and will not be binding upon the Company or the Board. However, the Company and the Board will carefully consider the outcome
of the advisory vote on executive compensation when considering future executive compensation arrangements. This non-binding resolution
on executive compensation was approved by the Voting Stockholders.

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<div align='center'>STOCKHOLDER ACTION NO. 6

ADVISORY, NON-BINDING VOTE ON FREQUENCY OF APPROVAL OF EXECUTIVE COMPENSATION (SAY-ON-FREQUENCY)</div>

The Dodd-Frank Act requires us
to provide our stockholders with the opportunity to vote, on a non-binding advisory basis, for their preference as to how frequently we
should consult an advisory Say-on-Pay vote. Stockholders may indicate whether they would prefer that we conduct future Say-on-Pay
votes every year, every two years or every three years. Stockholders also may abstain from casting a vote on this proposal.

Our Board of Directors has
determined that a Say-on-Pay vote that occurs once every three years is the most appropriate alternative for us. The
Board believes that a Say-on-Pay vote occurring every three years will provide our stockholders with sufficient time to evaluate the
effectiveness of the Company’s overall compensation philosophy, policies and practices in the context of our long-term
business results for the corresponding period, while avoiding an over-emphasis on short-term variations in compensation and business
results. A Say-on-Pay vote occurring every three years will also permit stockholders to observe and evaluate the effect of any
changes to our executive compensation policies and practices that have occurred since the last advisory vote on executive
compensation.

This vote is advisory, which means
that is not binding on the Company or the Board of Directors. The Company recognizes that the stockholders may have different
views as to the best approach and looks forward to hearing from the stockholders as to their preferences on the frequency of the Say-on-Pay
vote. The Board of Directors will carefully review the outcome of the frequency vote; however, when considering the frequency
of future Say-on-Pay votes, the Board of Directors may decide that it is in the Company’s and the stockholders’ long-term best interest
to hold a Say-on-Pay vote more or less frequently than