Company: NIVFW
Filing Date: 2025-04-22
Form Type: 20-F
Source: 0001213900-25-033966
Chunk: 102

Company: NewGenIvf Group Ltd
Filing Date: 2025-04-22
Form: 20-F
Item: Item 6
Chunk 102
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Transactions

A director may, subject to
any separate requirements for Audit Committee approval under applicable laws or applicable Nasdaq Stock Market Listing Rules, vote on
a matter relating to the transaction in which he or she is interested, provided that the interest of any directors in such transaction
is disclosed by him or her to all other directors.

Director
Agreements

We have entered into director
agreements with our directors, which require us to maintain director and officer liability insurance for our directors, provide reimbursements
for business related travel and accommodation and other reasonable expenses, and an annual remuneration of between $20,000 to $25,000
for our independent directors, and $190,000 for our executive directors.

D. Employees

As of December 31, 2024, NewGenIvf had 76 full-time employees, of which
64 are based in Thailand, Cambodia and Kyrgyzstan. NewGenIvf aims to attract and retain employees with the skills, and experience necessary
to implement its growth strategy. The following table sets forth the number of its employees in Thailand, Cambodia and Kyrgyzstan by function
as of December 31, 2024:

  Function                                 
  Thailand                                 
  Medical professionals                16  
  Administrative staff and others      14  
  Sub-total                            30  
  Cambodia                                 
  Medical professionals                12  
  Administrative staff and others      13  
  Sub-total                            25  
  Kyrgyzstan                               
  Medical professionals                 3  
  Administrative staff and others       6  
  Sub-total                             9  
  China                                    
  Administrative staff and others       4  
  Hong Kong                                
  Administrative staff and others       6  
  Total                                76  

We believe that we maintain
a good working relationship with our employees and we have not experienced any significant labor disputes.

E. Share Ownership

Except as specifically noted,
the following table sets forth information with respect to the beneficial ownership of our ordinary shares as of the date of this annual
report by:

  each of our directors and executive officers; and                                                               
  each of our principal shareholders who beneficially own more than 5% of our total outstanding ordinary shares;  

The calculations in the table
below are based on 7,508,094 ordinary shares outstanding, including 7,302,819 Class A Ordinary Shares and 205,275 Class B Ordinary Shares,
as ofApril 20, 2025. U nless otherwise indicated,
each person