Company: NIVFW
Filing Date: 2025-09-18
Form Type: F-1
Source: 0001213900-25-088927
Chunk: 113

Company: NewGenIvf Group Ltd
Filing Date: 2025-09-18
Form: F-1
Chunk 113
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000 to $25,000 for our independent directors, and a total of $250,000 and $380,000 for both of our executive directors in the years of 2023 and 2024 respectively

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Employees

NewGenIvf has 87 full-time
employees, of which 72 are based in Thailand, Cambodia and Kyrgyzstan. NewGenIvf aims to attract and retain employees with the skills,
and experience necessary to implement its growth strategy. The following table sets forth the number of its employees in Thailand, Cambodia
and Kyrgyzstan by function as of August 1, 2025:

| Function                        |     | Number of 
 employees |    |
| Thailand                        |     |           |    |
| Medical professionals           |     |           | 16 |
| Administrative staff and others |     |           | 22 |
| Sub-total                       |     |           | 38 |
| Cambodia                        |     |           |    |
| Medical professionals           |     |           | 12 |
| Administrative staff and others |     |           | 12 |
| Sub-total                       |     |           | 24 |
| Kyrgyzstan                      |     |           |    |
| Medical professionals           |     |           |  3 |
| Administrative staff and others |     |           |  7 |
| Sub-total                       |     |           | 10 |
| China                           |     |           |    |
| Administrative staff and others |     |           |  4 |
| Hong Kong                       |     |           |    |
| Administrative staff and others |     |           | 11 |
| Total                           |     |           | 87 |

We believe that we maintain
a good working relationship with our employees and we have not experienced any significant labor disputes.

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RELATED PARTY TRANSACTIONS</div>

Related Party Transactions

A summary of related parties
of the Company is as follows:

|                                                       |     | Relationship               |
| Mr. Siu, Wing Fung Alfred and Ms. Fong, Hei Yue Tina* |     | Shareholders and directors |
| Harcourt Limited                                      |     | Controlled by Mr. Siu      |

| * | Ms. Fong is the spouse of Mr. Siu |

Transaction with Mr. Wing Fung Alfred Siu and Ms. Hei Yue Tina Fong

Historically, certain amount
of cash provided by operating activities was distributed to Mr