Company: NIVFW
Filing Date: 2025-08-22
Form Type: DRS
Source: 0001213900-25-079717
Chunk: 107

Company: NewGenIvf Group Ltd
Filing Date: 2025-08-22
Form: DRS
Chunk 107
---
 |                            | 0.08 | % |     |                   |  6.95 | % |
| Hei Yue Tina Fong                             |     |                         |     |                         | 2,326 |     |                            | 0.11 | % |     |                   |  9.09 | % |
| Hok Man Jefferson Au                          |     |                         |     |                         |     - |     |                            |    - |   |     |                   |     - |   |
| Florianna Ann Chi Wan Chan                    |     |                         |     |                         |     - |     |                            |    - |   |     |                   |     - |   |
| Ho Fai Chung                                  |     |                         |     |                         |     - |     |                            |    - |   |     |                   |     - |   |
| All Directors and Executive Officers as Group |     |                         |     |                         | 4,106 |     |                            | 0.19 | % |     |                   | 16.04 | % |

<div align='center'>58

RELATED PARTY TRANSACTIONS</div>

Related Party Transactions

A summary of related parties
of the Company is as follows:

|                                                       |     | Relationship               |
| Mr. Siu, Wing Fung Alfred and Ms. Fong, Hei Yue Tina* |     | Shareholders and directors |
| Harcourt Limited                                      |     | Controlled by Mr. Siu      |

| * | Ms. Fong is the spouse of Mr. Siu |

Transaction with Mr. Wing Fung Alfred Siu and Ms. Hei Yue Tina Fong

Historically, certain amount
of cash provided by operating activities was distributed to Mr. Wing Fung Alfred Siu and Ms. Hei Yue Tina Fong, resulting in amount due
from them. For the year ended December 31, 2023, the largest aggregate amount due from Mr. Siu, Wing Fung Alfred and Ms. Fong, Hei Yue
Tina was US$2,240,872. Mr. Siu and Ms. Fong had repaid the outstanding amounts due pursuant to the terms and conditions of the repayment
agreement dated August 14, 2023. As of December 31, 2024, the aggregate balance of amount due to Mr. Siu and Ms. Fong was US$92,651.

In addition, NewGenIvf also
record