Company: APM
Filing Date: 2025-07-15
Form Type: DRS
Source: 0001213900-25-063899
Chunk: 354

Company: Aptorum Group Ltd
Filing Date: 2025-07-15
Form: DRS
Chunk 354
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 in the best interests of the
company, a duty not to make a profit based on his or her position as director (unless the company permits him or her to do so) and a duty
not to put himself or herself in a position where the interests of the company conflict with his or her personal interest or his or her
duty to a third-party. Our Memorandum and Articles do not disqualify a director from acting or from contacting with the Company as a vendor,
purchaser or otherwise provided that it does not adversely affect his or her performance of duties or responsibilities and the nature
of the interest is disclosed at the meeting at which the contract or arrangement is considered (if not previously disclosed), and having
disclosed such interest the director is not counted in the quorum and must refrain from voting on the contract or arrangement. A director
of a Cayman Islands company also owes to the company a duty to exercise the powers for the purpose for which they were given and the duty
to act with skill and care. It was previously considered that a director need not exhibit in the performance of his or her duties a greater
degree of skill than may reasonably be expected from a person of his or her knowledge and experience. However, courts are moving towards
an objective standard with regard to the required skill and care and these authorities are likely to be followed in the Cayman Islands.

Shareholder Action by Written Consent. Under the Delaware General Corporation Law, a corporation may eliminate the right of shareholders to act
by written consent by amendment to its certificate of incorporation. Cayman Islands law and our Memorandum and Articles provide that shareholders
may approve corporate matters by way of a unanimous written resolution signed by or on behalf of each shareholder who would have been
entitled to vote on such matter at a general meeting without a meeting being held.

Shareholder Proposals. Under
the Delaware General Corporation Law, a shareholder has the right to put any proposal before the annual meeting of shareholders, provided
it complies with the notice provisions in the governing documents. A special meeting may be called by the board of directors or any other
person authorized to do so in the governing documents, but shareholders may be precluded from calling special meetings. The Companies
Law provides shareholders with only limited rights to requisition a general meeting and does not provide shareholders with any right to
put any proposal before a general meeting. However, these rights may be provided in articles of association. Our Memorandum and Articles
allow our shareholders holding not less than