Company: APM
Filing Date: 2025-07-15
Form Type: DRS
Source: 0001213900-25-063906
Chunk: 427

Company: Aptorum Group Ltd
Filing Date: 2025-07-15
Form: DRS
Chunk 427
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535 | ) |     |   |            — |
| Balance as of December 31 |     | $ |   15,774,044 |   |     | $ |   17,407,156 |   |     | $ |   15,705,088 |

12. RELATED PARTY BALANCES AND TRANSACTIONS The following is a list of a director and related parties to which the Group has transactions with: (a)Ian Huen, the Chief Executive Officer and Executive Director of the Group since November 2023. He was a Non -executiveDirector from June 2022 to November 2023. Before June 2022, he was the Chief Executive Officer and Executive Director; (b)Jurchen Investment Corporation, the holding company and an entity controlled by Ian Huen; (c)CGY Investment Limited, an entity owns more than 10% voting interest of the Group before April 2024; (d)Aeneas Group Limited, an entity controlled by Ian Huen; (e)Aenco Technologies Ltd, an entity being 34.56% effectively owned by Ian Huen;

F-22

APTORUM GROUP LIMITED
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(Stated in U.S. Dollars) 12. RELATED PARTY BALANCES AND TRANSACTIONS (cont.) (f)Aeneas Management Limited, an entity controlled by Ian Huen; (g)Talem Medical Group Limited, an entity which Clark Cheng was a director; (h)Libra Sciences Limited, an entity which was originally a wholly owned subsidiary of ATL. Since December 30, 2021, Libra has been turned into a related party to the Group due to the voting power owned by ATL is decreased to below 50% but more than 20%. (Note 13) (i)ACC Medical Limited, an entity controlled by Clark Cheng, a former Executive Director of the Group before November 30, 2023 (j)Clark Cheng, a former Executive Director of the Group before November 30, 2023. After his resignation on November 30, 2023, he was no longer a related party of the Group. (k)Darren Lui, a former Executive Director of the Group before November 27, 2023. After his resignation on November 27, 2023, he was no longer a related party of the Group. Amounts due from related parties, net Amounts