Company: AXREF
Filing Date: 2025-07-28
Form Type: 20-F
Source: 0001654954-25-008549
Chunk: 49

Company: AMARC RESOURCES LTD
Filing Date: 2025-07-28
Form: 20-F
Item: Item 6
Chunk 49
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 are each a Named Executive Officer (“ NEO”) of the Company for the purposes of the following disclosure.

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The compensation paid to the NEOs during the Company’s most recently completed financial year of March 31, 2025 is as set out below and expressed in Canadian Dollars:

  Year       Salary      Share-based awards      Option-based awards      Non-equity incentive plan compensation                                     Pension value      All other compensation  
                                                                                                                                                                                                
                ($)      ($)                     ($) (3)                  ($)                                                                        ($)                ($)                     
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
                                                                          Annual incentive plans                      Long-term incentive plans                                                 
  2025      250,000      Nil                     Nil                      Nil                                         Nil                            Nil                Nil                     
  2024      230,333      Nil                     287,515                  57,042                                      Nil                            Nil                Nil                     
  2023      200,540      Nil                     Nil                      Nil                                         Nil                            Nil                Nil                     
  2025       62,810      Nil                     Nil                      Nil                                         Nil                            Nil                Nil                     
  2024       62,810      Nil                     19,079                   Nil                                         Nil                            Nil                Nil                     
  2023       42,000      Nil                     Nil                      Nil                                         Nil                            Nil                Nil                     

  (1)      Pursuant to the Corporate Services Agreement with HDSI, compensation for Dr. Nicolson is allocated to the Company on the basis of estimated time spent in respect of the Company’s business.          
  (2)      Mr. Wilson does not serve the Company on a substantially full-time basis.                                                                                                                             
  (3)      The fair value of the share purchase options granted is measured using the Black-Scholes option pricing model taking into account the terms and conditions upon which the share purchase options ...  

Pension Plan Benefits

The Company has no pension or deferred compensation plans for its directors, officers or employees.

Termination and Change of Control Benefits

There are no compensatory plan(s) or arrangement(s), with respect to the Named Executive Officer resulting from the resignation, retirement or any other termination of employment of the officer’s employment or from a change of the Named Executive Officer’s responsibilities following a change in control.

Director Compensation

The compensation provided to the directors, excluding a director who is already set out in disclosure for a NEO for the Company’s most recently completed financial