Company: CSCIF
Filing Date: 2025-04-09
Form Type: 20-F
Source: 0001641172-25-003456
Chunk: 113

Company: COSCIENS Biopharma Inc.
Filing Date: 2025-04-09
Form: 20-F
Item: Item 6
Chunk 113
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2024, the
Board did not approve an award of stock options to Mr. Gagnon in accordance with the Long-Term Incentive Plan.

See “ Long-Term Equity Compensation Plan of
Executive Officers - Summary of the Stock Option Plan”, for a complete description of the Stock Option Plan. See “ Long-Term
Equity Compensation Plan of Executive Officers - Summary of the Long-Term Incentive Plan”, for a complete description of the Long-Term
Incentive Plan.

Pension, retirement or similar benefits

Each of our Named Executive Officers who are employed
with AEZS Germany participate in defined-contribution pension plans. The terms of these pension plans are described below.

Rückgedeckte Unterstützungskasse 1(“RUK
1”)

Dr. Gerlach participates in RUK 1, a defined-contribution
pension plan maintained by Unterstützungskasse Degussa e. V. Under RUK 1, AEZS Germany contributes 2.4% of Dr. Gerlach’s monthly
gross salary and Dr. Gerlach contributes 2% of his monthly gross salary. The contributions are limited to the social security contribution
assessment ceiling. However, AEZS Germany provides an additional contribution of 18% of his monthly pensionable salary for the part of
his salary that exceeds the social security contribution assessment ceiling. In 2024, the social security contribution assessment ceiling
is $7,905 (€7,550) per month. Accordingly, AEZS Germany will contribute at most $1,596.23 (€1,473.90) (which includes the additional
contribution of 18%) monthly and Dr. Gerlach will contribute at most $158.12 (€146.00) monthly. Both contributions are calculated
with the monthly salary accounting and transferred to the relief fund monthly. We are liable to Dr. Gerlach for the pension benefits
that have been promised if the private pension provider does not, or cannot, pay the promised pension payments. Dr. Gerlach will receive
a pension payment based on the contributions that were made during his employment after he has reached the statutory retirement age,
independent of whether he works with AEZS Germany until such age.

Dr. Ammer participates in RUK 1, a defined-contribution
pension plan maintained by Unterstützungskasse Degussa e. V. Under RUK 1,