Company: AVCRF
Filing Date: 2025-06-16
Form Type: 20-F
Source: 0001641172-25-015266
Chunk: 32

Company: Avricore Health Inc.
Filing Date: 2025-06-16
Form: 20-F
Item: Item 9
Chunk 32
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 Columbia Canada V6C 3B9) is the registrar and transfer
agent for the common shares.

Stock
Options

Refer
to ITEM 6. E., Table No. 10 (Aggregate Option Exercises)

The
changes in share options including those granted to directors, officers, employees and consultants during the years ended December 31,
2024, 2023 and 2022 are summarized as follows:

                                         Weighted Average Exercise Price                                                      
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Beginning Balance      10,350,000                                $0.17       8,635,000      0.14       7,880,052      0.13  
  Options granted         3,661,000                                $0.28       2,365,000      0.26       3,125,000      0.15  
  Expired/Cancelled        (116,000                                $0.09        (250,000      0.17      (1,570,052      0.13  
  Exercised              (1,645,000                                $0.05        (400,000      0.11        (800,000      0.10  
  Ending Balance         12,250,000                                $0.23      10,350,000      0.17       8,635,000      0.14  
  Exercisable            10,269,500                                $0.22       9,132,250      0.17       6,216,250      0.14  

  32  

The
following table summarizes information about share options outstanding and exercisable as at December 31, 2024:

  Exercise Price      Expiry date                 Options                  
 ───────────────────────────────────────────────────────────────────────────
                                              Outstanding                  
           $0.08      November 18, 2025           500,000         500,000  
           $0.08      December 8, 2025            710,000         710,000  
           $0.19      January 28, 2026            150,000         150,000  
           $0.25      March 22, 2026            1,800,000       1,800,000  
           $0.15      August 10,