Company: AVCRF
Filing Date: 2025-06-16
Form Type: 20-F
Source: 0001641172-25-015266
Chunk: 20

Company: Avricore Health Inc.
Filing Date: 2025-06-16
Form: 20-F
Item: Item 6
Chunk 20
---
30, 2024       33,470      200,000 @ 0.29       50,000      Aug 30, 2029  
                            Jun 21, 2023       26,703      200,000@ 0.20       100,000      Jun 21, 2028  

  (1)      Share-based                                                                              
  (2)      Options                                                                                  

  23  

The
following table gives certain information concerning stock option exercises during Fiscal 2024 by the Company’s Senior Management
and Directors. It also gives information concerning stock option values.

Table
No. 9

Aggregated
Stock Options Exercises in the year ended December 31, 2024

Fiscal
Year-end Unexercised Stock Options

Fiscal
Year-end Stock Option Values

Senior
Management/Directors

  Name       Number of Shares Acquired on Exercise                     Aggregate Value Realized      Value of Unexercised In-the-Money Options at Fiscal Year-End Exercisable/Un-exercisable  
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Total                                                 1,125,000                       $60,100      $Nil                                                                                     

Director
Compensation

Stock
Options

Other
Compensation:

Bonus/Profit
Sharing/Non-Cash Compensation:

Pension/Retirement
Benefits:

6. C.
Board Practices

6. C.1.
Terms of Office.

At
every Annual General Meeting of the Company, the Directors are elected by the shareholders and serve as Directors until the next Annual
General Meeting is held.

6. C.2.
Directors’ Service Contracts.

The
Company retains its Officers as independent consultants. The Company will not be required to make contributions for employment insurance,
Canada Pension, workers’ compensation or other similar levies in respect of the fee for services to be paid to the Officers. Each
Officer agrees to pay all required contributions and deductions for income taxes, workers’ compensation and employment insurance
and shall indemnify and save the Company harmless from and against all claims, actions, losses, expenses, costs or damages which the
Company or its officers, employees or agents may suffer as a result of the Officer’s non-compliance with this requirement.

  24  

Each
Officer agrees to provide sufficient time and attention to the business and affairs of the Company, to advise and