Company: HYEX
Filing Date: 2025-04-22
Form Type: 10-K/A
Source: 0001096906-25-000553
Chunk: 98

Company: HEALTHY EXTRACTS INC.
Filing Date: 2025-04-22
Form: 10-K/A
Chunk 98
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 insider trading violations by our officers, directors, employees, consultants, attorneys, advisors, and other related individuals. 56 ITEM 11 - EXECUTIVE COMPENSATION Narrative Disclosure of Executive Compensation Pitts Independent Contractor Agreement On October 1, 2019, we entered into an Independent Contractor Agreement with Kevin “Duke” Pitts. Pursuant to this agreement, Mr. Pitts has agreed to serve as our President and Chief Executive Officer in exchange for $120,000 per year. The agreement had an expiration date of December 31, 2021, but has been extended indefinitely since then. Madden Consulting Agreement Effective June 1, 2022, we entered into a Consulting Agreement with Robert Madden. Pursuant to the agreement, Madden has agreed to serve as our Chief Financial Officer and Secretary in exchange for $42,000 per year. The agreement is effective for one year, and will automatically renew for successive one-year terms. Summary Compensation Table The following table sets forth information with respect to compensation earned by our President and our Secretary and Chief Financial Officer for the years ended December 31, 2024 and 2023.

| Name and           
 Principal Position | Year |  Salary 
     ($) | Bonus 
 ($)   | Stock  
 Awards 
 ($)    | Option Awards 
 ($)           | Non-Equity Incentive Plan Compensation ($) | Nonqualified Deferred Compensation ($) | All Other 
 ($)       |   Total 
     ($) |
| Kevin “Duke” Pitts | 2024 | 120,000 | -0-   | -0-    | -0-           | -0-                                        | -0-                                    | -0-       | 120,000 |
| President          | 2023 | 120,000 | -0-   | -0-    | -0-           | -0-                                        | -0-                                    | -0-       | 120,000 |
| Robert Madden (1)  | 2024 | 114,000 | -0-   | -0-    | -0-           | -0-                                        | -0-                                    | -0-       | 114,000 |
| Secretary and CFO  | 2023 |  62,500 | -0-   | -0-    | -0-           | -0-                                        | -0-                                    | -0-       |  62,500 |

Director Compensation For the years ended December 31, 2024 and