Company: NIVFW
Filing Date: 2025-04-22
Form Type: 20-F
Source: 0001213900-25-033966
Chunk: 96

Company: NewGenIvf Group Ltd
Filing Date: 2025-04-22
Form: 20-F
Item: Item 6
Chunk 96
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. Tam was appointed
as an independent non-executive director of Green Energy Group Limited on 24 August 2011. Mr. Tam was also the chief financial officer,
the company secretary and the authorised representative of Perfect Group International Holdings Limited from February 2017 to November
2023. The shares of these three companies are listed on the Main Board of the Stock Exchange with stock codes 63, 979 and 3326 respectively.
He was the executive director of Chinasing Investment Holdings Limited from February 2009 to August 2015, a company whose shares were
listed on the Main Board of Singapore Exchange Limited. Mr. Tam obtained a Master degree of Business Administration from the University
of Sydney. Mr. Tam is also a member of Hong Kong Institute of Certified Public Accountants, CPA (Australia) and Institute of Singapore
Chartered Accountants. Mr. Tam has more than 30 years in the areas of auditing, accounting, tax, investment banking and company secretarial
work.

Election of Officers

Our executive officers are
appointed by, and serve at the discretion of, the Board of Directors.

Family
Relationships

Mr. Wing Fung Alfred Siu
and Ms. Hei Yue Tina Fong are husband and wife. Other than as disclosed in this Report, none of the directors or executive officers has
a family relationship as defined in Item 401 of Regulation S-K.

Involvement
in Certain Legal Proceedings

To the best of our knowledge,
none of our directors or executive officers has, during the past ten years, been involved in any legal proceedings described in subparagraph
(f) of Item 401 of Regulation S-K. Our directors and officers have not been involved in any transactions with us or any of our affiliates
or associates which are required to be disclosed pursuant to the rules and regulations of the SEC.

B. Compensation

Compensation of Directors and Officers

In 2024, we paid an aggregate
of US$380,000 in cash compensation to our directors and executive officers as a group, respectively. Our directors and executive officers
do not receive pension, retirement or other similar benefits, and we have not set aside or accrued any amount to provide such benefits
to our executive officers. Our subsidiary in Hong Kong is required by the applicable local laws and regulations to make contributions
to Mandatory Provident Fund.

Share Incentive Plans

We adopted a share incentive
plan on April 3, 2024, which was subsequently amended by the approval of our Board on