Company: NUTR
Filing Date: 2025-03-25
Form Type: CORRESP
Source: 0001641172-25-000449
Chunk: 21

Company: NUSATRIP Inc
Filing Date: 2025-03-25
Form: CORRESP
Chunk 21
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 agreement. Pursuant to the employment agreement, Heather Maynard
has agreed to serve as the chairwoman of the board of the Company, representing Society Pass on the board of the Company. In consideration
of Ms. Maynard’s services, the Company has agreed to pay her the amount of EUR 120,000 (approximately $130,492) per year. Ms. Maynard
may terminate the agreement upon giving the Company thirty days’ prior written notice, and the Company may terminate the agreement
if Ms. Maynard resigns from the board or is not elected to the Company’s board at its annual meeting. Other than the rights and
obligations set forth in the employment agreement and the business interest in H&D Mediterranean, Ms. Maynard does not have any other
relationships (including family relationship), agreements, affiliations, or any understanding that Ms. Maynard has or has had with Society
Pass, its officers and directors and/or its majority owner Dennis Nguyen.

As of the date of this prospectus, Society Pass was
the 10092.9% owner of the Company. As of the consummation of this offering, after the conversion of the Convertible
Notes into shares of Common Stock and assuming no exercise of the over-allotment option, Society Pass will continue to own 14,000,000
shares of Common Stock.

Prior to the consummation of this offering, the Company
has been operating as a separate company from Society Pass with its own management and operations staff. The Company has, prior to the
consummation of the IPO, relying on loans from Society Pass to fund its expansion and operation. The Company has not and will not pay
any dividends to Society Pass or transfer any assets in connection with the separation of the two companies. After the consummation of
the IPO, the Company shall repay outstanding loans made by Society Pass in the aggregate amount of $1,046,393047,600
and $927,266, based on record as of September 30, 2024 andDecember 31, 2024 and2023, respectively.

| 7 |

Our corporate structure after giving effect to this
offering shall be as follows:

* “Other Stockholders” are comprised of
the holders of Common Stock to be issued upon the conversion of the Convertible Notes, and the holders of Common Stock offered in this
Offering.

The foregoing chart assumes no exercise by the underwriters
of their over-allotment option.