Company: AVCRF
Filing Date: 2025-06-16
Form Type: 20-F
Source: 0001641172-25-015266
Chunk: 49

Company: Avricore Health Inc.
Filing Date: 2025-06-16
Form: 20-F
Item: Item 15
Chunk 49
---
ITEM
15. CONTROLS AND PROCEDURES

The
Company’s management is responsible for establishing and maintaining disclosure controls and procedures to provide reasonable assurance
that material information related to the Company, including its consolidated subsidiaries, is made known to senior management, including
Chief Executive Officer (“ CEO”) and the Chief Financial Officer (“ CFO”), by others within those entities on a
timely basis so that appropriate decisions can be made regarding public disclosure.

We
carried out an evaluation, under the supervision and with the participation of our management, including our Principal Executive Officer
and our Principal Financial Officer, of the effectiveness of the design and operation of our disclosure controls and procedures (as defined
in Rules 13a-15(e) and 15d-15(e)) under the Securities and Exchange Act of 1934, as amended) as of December 31, 2024. The Chief Executive
Officer and Chief Financial Officer concluded that the disclosure controls and procedures as of December 31, 2024, were effective to
give reasonable assurance that the information required to be disclosed by the Company in reports that it files or submits under the
Exchange Act is (i) recorded, processed, summarized and reported, within the time periods specified in the SEC’s rules and forms,
and (ii) accumulated and communicated to management, including the Chief Executive Officer and Chief Financial Officer, as appropriate
to allow timely decisions regarding required disclosure.

Management’s
Annual Report on Internal Control over Financial Reporting

The
Company’s management is responsible for designing, establishing and maintaining a system of internal controls over financial reporting
(as defined in Exchange Act Rule 13a-15(f)) to provide reasonable assurance that the financial information prepared by the Company for
external purposes is reliable and has been recorded, processed and reported in an accurate and timely manner in accordance with IFRS
as issued by IASB. The Board of Directors is responsible for ensuring that management fulfills its responsibilities. The Audit Committee
fulfills its role of ensuring the integrity of the reported information through its review of the interim and annual financial statements.
Management reviewed the results of their assessment with the Company’s Audit Committee.

Because
of its inherent limitations, the Company’s internal control over financial reporting may not prevent or detect all possible misstatements
or frauds. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate
because of changes in conditions, or that the degree of compliance with policies or procedures may deteriorate.

To