other material
confidence high
sentiment neutral
materiality 0.35
Damon Inc. adopts director/officer indemnification agreements and sets non-executive director pay
Damon Inc.
- Entered indemnification agreement with CFO/director Bal Bhullar; expects to extend to other directors and interim CEO.
- Non-executive director annual base retainer approved at US$60,000.
- Additional US$25,000 for lead director, US$20,000 for committee chairs.
- One-time onboarding fees: US$23,333 for Karan Sodhi, US$30,625 for Shashi Triphathi.