Company: NIVFW
Filing Date: 2025-05-01
Form Type: F-1/A
Source: 0001213900-25-038045
Chunk: 92

Company: NewGenIvf Group Ltd
Filing Date: 2025-05-01
Form: F-1/A
Chunk 92
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     | 2025         
 Compensation 
 US$          |         |     | 2024         
 Compensation 
 US$          |         |
| Directors and Officers |     |              |         |     |              |         |
| Wing Fung Alfred Siu   |     |              | 190,000 |     |              | 125,000 |
| Hei Yue Tina Fong      |     |              | 190,000 |     |              | 125,000 |
| Total                  |     | $            | 380,000 |     | $            | 250,000 |

Board Practices Committees of the Board of Directors We established three committees under the Board: an audit committee (“Audit Committee”), a Compensation Committee (“Compensation Committee”) and a nominating and corporate governance committee (“Nominating and Corporate Governance Committee). We have adopted a charter for each of the three committees. Each committee’s members and functions are described below. Audit Committee. Our Audit Committee consists of Mr. Hok Man Jefferson Au, Ms, Florianna Ann Chi Wan Chan, and Mr. Tam Chun Wa. We have determined that all of these individuals satisfy the “independence” requirements of NASDAQ Rule 5605 and Rule 10A-3 under the Exchange Act. Our Board has determined that Mr. Hok Man Jefferson Au qualifies as an audit committee financial expert and has the accounting or financial management expertise as required under Item 407(d)(5)(ii) and (iii) of Regulation S-K. The audit committee will oversee our accounting and financial reporting processes and the audits of the financial statements of our company. The Audit Committee will be responsible for, among other things:

| ● | establishing                                                                         
 clear hiring policies for employees or former employees of the independent auditors; |

| ● | reviewing                                                                                       
 and recommending to the Board for approval, the appointment, reappointment or removal of        
 the independent auditor, after considering its annual performance evaluation of the independent 
 auditor;                                                                                        |

| ● | approving                                                                                 
 the remuneration and terms of engagement of the independent auditor and pre-approving all 
 auditing and non-auditing services permitted to be performed by the Company’s independent 
 auditors at least annually;                                                               |

| ● | obtaining                                                                           
 a written report from the Company’s independent auditor describing matters relating 
 to its independence and quality control procedures;                                 |

| ● | reviewing                                                                                 
 with the independent registered public accounting firm any audit problems or difficulties 
 and management’s response;                                                                |

| ● | discussing