Company: LNAI
Filing Date: 2025-10-15
Form Type: DEF 14A
Source: 0001731122-25-001378
Chunk: 31

Company: Lunai Bioworks Inc.
Filing Date: 2025-10-15
Form: DEF 14A
Chunk 31
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 | — |     |       | 138,650 |
| Mark A. Collins         |     |                     |  52,247 |     |                  | — |     |               |  63,508 |     |                        | — |     |       | 127,247 |
| Total                   |     | $                   | 175,705 |     | $                | — |     | $             | 190,524 |     | $                      | — |     | $     | 366,229 |

| (1) | The amounts shown are not intended to reflect the value actually received by the directors. Instead, the amounts shown are the total fair value of option awards granted for financial statement reporting purposes, as determined pursuant to Financial Accounting Standards Board Accounting Standards Codification Topic 718 or ASC Topic 718. These values are amortized as equity compensation expenses over the vesting period of the grants. |
| (2) | Effective August 22, 2025, Mr. Tilburg resigned from the Company. He received no compensation for services as a director in the fiscal year ended June 30, 2025.                                                                                                                                                                                                                                                                                    |

Narrative to Director’s Compensation Table

Our director compensation program
reflects competitive practices for a NASDAQ listed company. The resulting compensation package for our directors and for committee service
(for members who qualify as independent under the rules of The Nasdaq Capital Market) as of the date hereof is set forth in the table
below. In addition, our directors are awarded annual options to purchase Common Stock valued at $75,000.

| Compensation Element              |     | Value |         |
|:----------------------------------|:----|:------|--------:|
| Retainer-Board Chair              |     | $     | 100,000 |
| Retainer-Board Members            |     | $     |  60,000 |
| Audit Committee Chair Fee         |     | $     |  15,000 |
| Compensation Committee Chair Fee  |     | $     |  10,000 |
| Nominating Committee Chair Fee    |     | $     |  10,000 |
| Audit Committee Member Fee        |     | $     |   7,500 |
| Compensation Committee Member Fee |     | $     |   5,000 |
| Nominating Committee Member Fee   |     | $     |   4,000 |

<div align='center'>RELATED PERSON TRANSACTIONS AND SECTION 16