Company: NIVFW
Filing Date: 2025-08-21
Form Type: DRS
Source: 0001213900-25-079301
Chunk: 130

Company: NewGenIvf Group Ltd
Filing Date: 2025-08-21
Form: DRS
Chunk 130
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 any derivative contracts
that are indexed to its shares and classified as shareholder’s equity or that are not reflected in its consolidated financial statements.
Furthermore, NewGenIvf does not have any retained or contingent interest in assets transferred to an unconsolidated entity that serves
as credit, liquidity or market risk support to such entity. NewGenIvf does not have any variable interest in any unconsolidated entity
that provides financing, liquidity, market risk or credit support to it or engages in leasing, hedging or product development services
with it.

Dividend Policy

NewGenIvf Group Limited is
a holding company with no material operations of its own. NewGenIvf Group Limited conducts all of its operations through its subsidiaries.
As a result, NewGenIvf Group Limited’s ability to pay dividends depends upon dividends paid by its subsidiaries. If our subsidiaries
or any newly formed subsidiaries incur debt on their own behalf in the future, the instruments governing their debt may restrict their
ability to pay dividends to the Company.

NewGenIvf Group Limited is
permitted under BVI law to provide funding to its subsidiaries in Hong Kong, Thailand, Cambodia and Kyrgyzstan through loans or capital
contributions without restrictions on the amount of the funds.

In addition, the Company’s
subsidiaries are currently permitted to pay dividends to the Company in accordance with relevant laws and regulations. Payment of dividends
requirements in a company incorporated under the laws of Thailand is governed by the Civil and Commercial Code of Thailand. For example,
the company may not declare dividends if the company has incurred losses, the company must appropriate to a reserved fund at each dividend
contribution of dividend of at least one-twentieth of the profits until the fund reaches one-tenth of the capital, or the dividends payment
must be made to the shareholders within one (1) month from the dividend declaration date. On the capital remittance or payment of
dividends to the shareholders from outside of Thailand, it is regulated by the regulations issued by the Bank of Thailand, including the
Exchange Control Act B.E. 2485 (1942). The fund remittance from Thailand to a foreign jurisdiction may require an approval from the Bank
of Thailand or require notifying the Bank of Thailand for such transfer, depending on the types of the remittance transactions, through
the commercial bank in the country. For a company incorporated under the laws of Kyrgyzstan, under Kyrgyz regulations of dividends (net
profit), the dividends can be paid once a