Company: SUND
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001641172-25-017143
Chunk: 725

Company: Sundance Strategies, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 9C
Chunk 725
---
 of outstanding options, warrants and rights  (b)  
    Number
                                            of securities remaining available for future issuance under equity compensation plans (excluding
                                            securities reflected in column (a))  (c) 

    Equity compensation plans approved by security holders 
     -  
     -  
     - 

    Equity compensation plans not approved by security holders 
     7,457,107  
    $0.64  
     - 

    Total 
     7,457,107  
    $0.64  
     - 

ITEM
13: CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTORS INDEPENDENCE

Review
and Approval of Related Person Transactions

Before
engaging in a related person transaction, the transaction is presented to non-interested board members for approval. In considering related
person transactions, the non-interested board members are guided by their fiduciary duty to our stockholders. The Board of Directors
does not have any written or oral policies or procedures regarding the review, approval and ratification of transactions with related
person. Additionally, each of our directors and executive officers are required to annually complete a directors’ and officers’
questionnaire that elicits information about related person transactions. Approval of a related person transaction is provided either
verbally or in writing.

Related
Person Transactions

Other
than as described below, there were no material transactions, or series of similar transactions, during our last two fiscal years, or
any currently proposed transactions, or series of similar transactions, to which we or any of our subsidiaries was or is to be a party,
in which the amount involved exceeded the lesser of $120,000 or 1% of the average of our total assets at year-end for the last two completed
fiscal years and in which any director, executive officer or any security holder who is known to us to own of record or beneficially
more than 5% of any class of our common stock, or any member of the immediate family of any of the foregoing persons, had an interest,
except as stated below.

As
of March 31, 2025, and 2024, the Company had borrowed $3,290,058 and $3,340,058, respectively, excluding accrued interest, from related
parties. The interest associated with the Notes Payable, Related Party of $1,544,678, and $1,369,662