Company: BGLC
Filing Date: 2025-11-14
Form Type: PRE 14A
Source: 0001477932-25-008317
Chunk: 31

Company: BioNexus Gene Lab Corp
Filing Date: 2025-11-14
Form: PRE 14A
Chunk 31
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. Abstentions will have the effect of a vote against Proposal 4 and broker non-votes will have no effect on the outcome of Proposal 4. Because brokers have discretionary authority to vote on this proposal, we do not expect any broker non-votes in connection with this proposal.

THE BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS A VOTE “FOR” PROPOSAL 4 APPROVAL OF THE ADJOURNMENT PROPOSAL AS DESCRIBED HEREIN.

| 22 |

<div align='center'>EXECUTIVE COMPENSATION</div>

Summary Executive Compensation Table

The following table reflects the Summary Compensation for our named Executive Officers for fiscal years ended December 31, 2024 and 2023, respectively. For such periods, there were no bonus, non-equity plan compensation, nonqualified compensation earnings or other compensation other than as stated below for the named executive officers. Further, we have not entered into an employment agreement with any of our officers, directors or any other persons and no such agreements are anticipated in the immediate future.

| Name and principal position                           
 Yeat Min Fong                                         |     | Year 
 2024 |     | Salary ($) |       — |     | Bonus ($) |     — |     | Stock Awards ($) |     — |     | Option Awards ($) | — |     | Non-Equity Incentive Plan Compensation ($) | — |     | Nonqualified Deferred Compensation Earnings ($) | — |     | All Other Compensation ($) |   — |     | Total ($) |       — |
|:------------------------------------------------------|:----|-----:|:----|:-----------|--------:|:----|:----------|------:|:----|:-----------------|------:|:----|:------------------|--:|:----|:-------------------------------------------|--:|:----|:------------------------------------------------|--:|:----|:---------------------------|----:|:----|:----------|--------:|
| Former Chairman (1)                                   |     | 2023 |     | $          |  16,069 |     | $         |     — |     | $                | 7,583 |     | $                 | — |     |                                            | — |     |                                                 | — |     | $                          |   — |     | $         |  23,652 |
| Yee Meng Wong                                         |     | 2024 |     |            |       — |     |           |     — |