Company: LNAI
Filing Date: 2025-10-15
Form Type: DEF 14A
Source: 0001731122-25-001378
Chunk: 28

Company: Lunai Bioworks Inc.
Filing Date: 2025-10-15
Form: DEF 14A
Chunk 28
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 executive compensation and our financial performance for each
of the last three fiscal years. In determining “compensation actually paid,” those rules require us to make various adjustments
to amounts that have been previously reported in the Summary Compensation Table in previous years, as the SEC’s valuation methods
for this section differ from those required in the SCT. The table below summarizes compensation values both previously reported in our
SCT, as well as the adjusted values. Note that for our named executive officers (“”) other than our principal executive
officers (“”), compensation is reported as an average. The Compensation Committee did not consider the pay versus
performance disclosure when making its incentive compensation decisions.

The following table shows the relationship
between executive compensation actually paid to our PEOs and our NEOs, excluding the PEOs, and certain financial performance of the Company
during the last three fiscal years ended June 30, 2025, June 30, 2024, and June 30, 2023.

<div align='center'>18</div>

| Year |      |     | Summary Compensation Table Total for Current PEO ($) |           |     | Compensation Actually Paid to Current PEO ($)(1) |         |     | Summary Compensation Table Total for Former PEO ($)(2) |           |     | Compensation Actually Paid to Former PEO ($)(2) |            |   |     | Average Summary Compensation Table Total for Non-PEO NEOs ($)(3) |         |     | Value of Initial Fixed $100 Investment Based On Total Shareholder Return ($) |    |     | Net Loss (million) ($) |      |   |
|      | 2025 |     |                                                      | 1,170,518 |     |                                                  | 763,104 |     |                                                        |   242,107 |     |                                                 |    196,670 |   |     |                                                                  | 250,534 |     |                                                                              | 29 |     |                        | (178 | ) |
|      | 2024 |     |                                                      |         — |     |                                                  |       — |     |                                                        | 1,759,326 |     |                                                 |  1,545,510 |   |     |                                                                  | 361,750 |     |                                                                              | 91 |     |                        | (88  | ) |
|      | 2023 |     |                                                      |         — |     |                                                  |       — |     |                                                        | 1,405,433 |