Company: APM
Filing Date: 2025-07-15
Form Type: DRS
Source: 0001213900-25-063899
Chunk: 410

Company: Aptorum Group Ltd
Filing Date: 2025-07-15
Form: DRS
Chunk 410
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|:--|-------:|
| Cash paid on operating lease liabilities            |     | $ | 40,827 |     | $ | 34,025 |
| Right of use assets acquired under operating leases |     | $ | 37,319 |     | $ | 38,641 |

Lease terms and assumed discount rates are as
follows:

|                    |     |     |   May 31, 
      2024 |   |     |     |   May 31, 
      2023 |   |
|:-------------------|:----|:----|----------:|:--|:----|:----|----------:|:--|
| Average lease term |     |     | 1.6 years |   |     |     | 1.6 years |   |
| Discount rate      |     |     |        10 | % |     |     |        10 | % |

<div align='center'>F-14</div>

Minimum lease payments under leases with terms
greater than one year are as follows:

| Year                     |     | Amount |        |   |
|:-------------------------|:----|:-------|-------:|:--|
| Year ending May 31, 2025 |     | $      | 42,052 |   |
| Year ending May 31, 2026 |     |        | 24,954 |   |
| Total                    |     |        | 67,006 |   |
| Less imputed interest    |     |        | (4,792 | ) |
| Lease liability          |     | $      | 62,214 |   |

The Company also leases office space on a monthly
basis. Total lease costs were $47,493 and $50,976 in the years ended May 31, 2024 and 2023, respectively

NOTE 10 – COMMITMENTS AND CONTINGENCIES

Legal

The Company is not involved in any legal matters
arising in the normal course of business. While incapable of estimation, in the opinion of the management, the individual regulatory and
legal matters in which it might involve in the future are not expected to have a material adverse effect on the Company’s financial
position, results of operations, or cash flows.

NOTE 11 – STOCKHOLDERS’ EQUITY

The Company was capitalized by its two founders
with a cash contribution by one of its founders of $250,000 for 2