Company: NIVFW
Filing Date: 2025-09-18
Form Type: F-1
Source: 0001213900-25-088927
Chunk: 109

Company: NewGenIvf Group Ltd
Filing Date: 2025-09-18
Form: F-1
Chunk 109
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. Our
Audit Committee consists of Mr. Hok Man Jefferson Au (Chairman of Audit Committee), Ms, Florianna Ann Chi Wan Chan, and Mr. Tam Chun Wa.
We have determined that all of these individuals satisfy the “independence” requirements of NASDAQ Rule 5605 and Rule 10A-3
under the Exchange Act. Our Board has determined that Mr. Hok Man Jefferson Au qualifies as an audit committee financial expert and has
the accounting or financial management expertise as required under Item 407(d)(5)(ii) and (iii) of Regulation S-K. The audit committee
will oversee our accounting and financial reporting processes and the audits of the financial statements of our company. The Audit Committee
will be responsible for, among other things:

| ● | establishing clear hiring policies for employees or former employees of the independent auditors; |

| ● | reviewing and recommending to the Board for approval, the appointment, reappointment or removal of the independent auditor, after considering its annual performance evaluation of the independent auditor; |

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| ● | approving the remuneration and terms of engagement of the independent auditor and pre-approving all auditing and non-auditing services permitted to be performed by the Company’s independent auditors at least annually; |

| ● | obtaining a written report from the Company’s independent auditor describing matters relating to its independence and quality control procedures; |

| ● | reviewing with the independent registered public accounting firm any audit problems or difficulties and management’s response; |

| ● | discussing with the Company’s independent auditor, among other things, the audits of the financial statements, including whether any material information should be disclosed, in addition to issues regarding accounting and auditing principles and practices; |

| ● | reviewing and approving all proposed related party transactions, as defined in Item 404 of Regulation S-K under the Securities Act; |

| ● | reviewing and recommending the financial statements for inclusion within the Company’s quarterly earnings releases and to the Board for inclusion in its annual reports; |

| ● | discussing the annual audited financial statements with management and the independent registered public accounting firm; |

| ● | reviewing policies with respect to risk assessment and risk management; |

| ● | reviewing the adequacy and effectiveness of the Company’s accounting and internal control policies and procedures and any special steps taken to monitor and control major financial risk exposures; |

| ● | periodically reviewing and reassessing the adequacy of the committee charter; |

| ● | approving annual audit plans, and