Company: IXHL
Filing Date: 2025-10-27
Form Type: DEF 14A
Source: 0001213900-25-102654
Chunk: 27

Company: Incannex Healthcare Inc.
Filing Date: 2025-10-27
Form: DEF 14A
Chunk 27
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 provide our non-employee directors with cash and equity compensation for their service on the board of directors. The board of directors is responsible for considering and approving the compensation paid to our non-employee directors, upon recommendation from the compensation committee. We also have a policy of reimbursing all of our non-employee directors for their reasonable out-of-pocket expenses in connection with attending board and committee meetings. The directors’ compensation for their services on the board of directors is periodically reviewed by the compensation committee which may recommend changes to such compensation to the board of directors as the compensation committee determines is appropriate. The following table sets forth information regarding compensation earned with respect to the fiscal year ended June 30, 2025, by each individual who served as a director during such fiscal year. All compensation for Mr. Latham, Mr. Valentine and Mr. Widdows is paid in Australian dollars and then converted in U.S. dollars for purposes of reporting by applying an exchange rate of $0.655 U.S. dollars per Australian dollar, which represents the spot exchange rate as of June 30, 2025. All compensation for Dr. Anastassov and Mr. Clark is paid in U.S. dollars. The following table shows the total compensation paid or accrued during the fiscal year ended June 30, 2025 by each of our non-employee directors. Mr. Latham served as our Chief Executive Officer during the fiscal year ended June 30, 2025; as such, his compensation earned as a director is disclosed in the Summary Compensation Table above.

| Name                  |     | Fees      
 Earned Or 
 Paid in   
 Cash      
 ($)       |         |     | All Other    
 Compensation 
 ($)(2)       |        |     | Total 
 ($)   |         |
| Troy Valentine        |     |           | 312,761 |     |              | 17,701 |     |       | 330,462 |
| Peter Widdows         |     |           |  94,898 |     |              | 12,298 |     |       | 107,196 |
| Dr. George Anastassov |     |           | 132,000 |     |              |      - |     |       | 132,000 |
| Robert Clark          |     |           |  75,000 |     |              |      - |     |       |  75,000 |

| (1) | The amount reported in the “All Other Compensation” represents contributions to the