Company: APM
Filing Date: 2025-07-15
Form Type: DRS
Source: 0001213900-25-063899
Chunk: 329

Company: Aptorum Group Ltd
Filing Date: 2025-07-15
Form: DRS
Chunk 329
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 we entered into exchange agreements and cancelled 70,428 existing vested
and unvested share options held by non-related parties option holders and cancelled our obligations for deferred cash bonus payables of
$1.6 million by issuance of 70,430 fully vested Class A Ordinary Shares. We accounted for this exchange for both related parties and non-related
parties share option holders as a modification to share based compensation which required the remeasurement of existing share options
value at the time of the modification. The total incremental cost as a result of the modification was $0.7 million.

In line with Nasdaq requirements,
we have established a clawback policy which, subject to limited exceptions, requires that any incentive compensation (including both cash
and equity compensation) paid to any current or former executive officer on or after October 2, 2023, is subject to recoupment if (i)
the incentive compensation was calculated based on financial statements that were required to be restated due to material noncompliance
with financial reporting requirements, without regard to any fault or misconduct; and (ii) that noncompliance resulted in overpayment
of the incentive compensation within the three fiscal years preceding the date the restatement. A copy of our clawback policy has been
filed as Exhibit 97.1.

<div align='center'>176

Compensation of DiamiR Executive Officers and Directors</div>

Summary Compensation Table

The following summary compensation
table sets forth all compensation awarded to, earned by, or paid to the Diamir named executive officer during the years ended May 31,
2025 and 2024 in all capacities for the accounts of the executive, including the Chief Executive Officer (CEO), Chief Financial Officer
(CFO) and Chief Scientific Officer (CSO):

| Name and principal position |     | Year |     | Salary 
 ($)    |         |     | Bonus 
 ($)   |   |     | Stock Awards 
 ($)          |   |     | Option Awards 
 ($)           |   |    |     | Non-Equity Incentive Plan Compensation ($) |   |     | Nonqualified Deferred Compensation Earnings 
 ($)                                         |   |     | All Other Compensation 
 ($)                    |   |     | Total 
 ($)   |         |
| Alidad Mireskandari         |     | 2025 |     |        | 157,670 |     |       | - |     |              | - |     |               | - |    |     |                                            |