Company: NIVFW
Filing Date: 2025-08-21
Form Type: DRS
Source: 0001213900-25-079301
Chunk: 172

Company: NewGenIvf Group Ltd
Filing Date: 2025-08-21
Form: DRS
Chunk 172
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 Fung Alfred Siu control the voting power of all of the outstanding Class B Ordinary Shares. Although Ms. Fong and Mr. Siu control the voting power of all of the outstanding Class B Ordinary Shares, their control over those shares is not permanent and is subject to reduction or elimination at any time or after certain periods as a result of a variety of factors. As further described below, upon any transfer of Class B Ordinary Shares by a holder thereof to any person which is not a Permitted Transferee of such holder, those shares will automatically and immediately convert into Class A Ordinary Shares. In addition, all Class B Ordinary Shares will automatically convert to Class A Ordinary Shares in other events described below. See “— Optional and Mandatory Conversion.”

Dividends .

The holders of our Class A
Ordinary Shares and Class B Ordinary Shares are entitled to such dividends as may be declared by its Board of Directors subject to its
Memorandum and Articles of Association and applicable law. No dividend may be declared and paid unless the Board of Directors determine
that, immediately after the payment, the value of the Company assets will exceed its liabilities and the Company will be able to pay its
debts as and when they fall due. Holders of Class A ordinary shares and Class B ordinary shares will be entitled to the same amount of
dividends, if declared.

Voting Rights.

Holders of Class A Ordinary Shares and Class B Ordinary Shares have the right to receive notice of, attend, speak and vote at general meetings of the shareholders. In respect of all matters upon which holders of our shares are entitled to vote, each Class A Ordinary Share are entitled to one (1) vote and each Class B Ordinary Share are entitled to one hundred (100) votes. At any meeting of shareholders a resolution put to the vote of the meeting shall be decided by way of a poll and not by way of a show of hands.

A meeting of the shareholders
is duly constituted if, at the commencement of the meeting, there are present in person or by proxy not less than 50 per cent of the votes
of the shares entitled to vote on resolutions of the shareholders to be considered at the meeting. As a BVI business company, the Company
is not obliged by the BVI Act to call shareholders’ annual general meetings. The Memorandum and Articles of Association provide
that the Company may (but is not obliged to) in each calendar year hold a general meeting as its annual general meeting in which case
the Company will specify the