Company: NIVFW
Filing Date: 2025-05-20
Form Type: F-1/A
Source: 0001213900-25-045737
Chunk: 90

Company: NewGenIvf Group Ltd
Filing Date: 2025-05-20
Form: F-1/A
Chunk 90
---
DAQ Rule 5605 and Rule 10A-3 under the Exchange Act. Our Board has determined that Mr. Hok Man Jefferson Au qualifies as an audit committee financial expert and has the accounting or financial management expertise as required under Item 407(d)(5)(ii) and (iii) of Regulation S-K. The audit committee will oversee our accounting and financial reporting processes and the audits of the financial statements of our company. The Audit Committee will be responsible for, among other things:

| ● | establishing                                                                         
 clear hiring policies for employees or former employees of the independent auditors; |

| ● | reviewing                                                                                       
 and recommending to the Board for approval, the appointment, reappointment or removal of        
 the independent auditor, after considering its annual performance evaluation of the independent 
 auditor;                                                                                        |

| ● | approving                                                                                 
 the remuneration and terms of engagement of the independent auditor and pre-approving all 
 auditing and non-auditing services permitted to be performed by the Company’s independent 
 auditors at least annually;                                                               |

| ● | obtaining                                                                           
 a written report from the Company’s independent auditor describing matters relating 
 to its independence and quality control procedures;                                 |

| ● | reviewing                                                                                 
 with the independent registered public accounting firm any audit problems or difficulties 
 and management’s response;                                                                |

| ● | discussing                                                                                 
 with the Company’s independent auditor, among other things, the audits of the financial    
 statements, including whether any material information should be disclosed, in addition to 
 issues regarding accounting and auditing principles and practices;                         |

| ● | reviewing                                                                                       
 and approving all proposed related party transactions, as defined in Item 404 of Regulation S-K 
 under the Securities Act;                                                                       |

| ● | reviewing                                                                              
 and recommending the financial statements for inclusion within the Company’s quarterly 
 earnings releases and to the Board for inclusion in its annual reports;                |

| ● | discussing                                                                                    
 the annual audited financial statements with management and the independent registered public 
 accounting firm;                                                                              |

55

| ● | reviewing                                                     
 policies with respect to risk assessment and risk management; |

| ● | reviewing                                                                                         
 the adequacy and effectiveness of the Company’s accounting and internal control policies          
 and procedures and any special steps taken to monitor and control major financial risk exposures; |

| ● | periodically                                                     
 reviewing and reassessing the adequacy of the committee charter; |

| ● | approving                                                                                  
 annual audit plans, and undertaking an annual performance evaluation of the internal audit 
 function;                                                                                  |

| ● | establishing