Company: CSCIF
Filing Date: 2025-04-09
Form Type: 20-F
Source: 0001641172-25-003456
Chunk: 115

Company: COSCIENS Biopharma Inc.
Filing Date: 2025-04-09
Form: 20-F
Item: Item 6
Chunk 115
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 the Company:, years of credited service as at December  
  31, 2024;                                                                                                                              
  estimated annual benefit accrued, or earned, for service to December                                                                   
  31, 2024 and to the normal retirement age of 65; and                                                                                   
  a reconciliation of the accrued obligation from December 31, 2024 to                                                                   
  December 31, 2023.                                                                                                                     
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  79  

                         Number of years                                                                        
  Name                   credited                                                                               
  Gerlach, Matthias                           24      14,693      22,726      217,785      24,993      242,779  
  Teifel, Michael                             20      15,293      16,143      246,204       3,327      249,531  
  Ammer, Nicola                               10       2,842       5,003       38,835       5,028       43,863  

(1) The number of years of credited service
as at December 31, 2024 corresponds to the actual years of service with AEZS Germany.

(2) For each Named Executive Officer,
the amount of annual benefits payable at December 31, 2024 is the pension the Named Executive Officer would be entitled to starting at
age 65 based on termination of employment at December 31, 2024. For each Named Executive Officer, the annual benefits payable at age
65 is the annual benefits payable at December 31, 2024 increased to reflect estimated credited service at age 65.

(3) The present value is the estimated
value of the pension obligation to the date indicated using the actuarial assumptions and methods that are consistent with those used
in determining pension liabilities as disclosed in the Company’s consolidated financial statements. In the past, certain Pension
Benefit Plans were accounted for as defined contribution plans as sufficient information was not available for the Company to account
for its proportionate share of the defined benefit obligation, plan assets and cost associated with such Pension Benefit Plans. In 2021,
additional information became available to the Company, which began to account for its proportionate share of the defined benefit obligation
and plan assets. The opening present value of defined benefit obligation for each named Executive Officer was adjusted to reflect the
revised accounting treatment.

(4) Compens