Company: APM
Filing Date: 2025-07-15
Form Type: DRS
Source: 0001213900-25-063899
Chunk: 85

Company: Aptorum Group Ltd
Filing Date: 2025-07-15
Form: DRS
Chunk 85
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 limited to Hong Kong.
We believe our procedures for storing, handling and disposing of these materials comply with the relevant guidelines and laws of the jurisdictions
in which our facilities are located. Although we believe that our safety procedures for handling and disposing of these materials comply
with the standards mandated by applicable regulations, the risk of accidental contamination or injury from these materials cannot be eliminated.
If an accident occurs, we could be held liable for resulting damages, which could be substantial. We are also subject to numerous environmental,
health and workplace safety laws and regulations, including those governing laboratory procedures, exposure to blood-borne pathogens and
the handling of biohazardous materials and medical waste.

We do not maintain workers’
compensation insurance or insurance for environmental liability or toxic tort claims that may be asserted against us in connection with
our storage or disposal of biological, hazardous or radioactive materials. Additional federal, state and local laws and regulations affecting
our operations may be adopted in the future. We may incur substantial costs to comply with, and substantial fines or penalties, if we
violate any of these laws or regulations.

Our future success depends on our ability to retain our Chief Executive Officer, our scientific and clinical advisors, and other key executives and to attract, retain and motivate qualified personnel.

We are highly dependent on
Ian Huen, our Chief Executive Officer, as well as, other principal members of our management teams, scientific teams as well as scientific
and clinical advisors. Although we have formal employment agreements, which we refer to as appointment letters, with all of our executive
officers, these agreements do not prevent our executives from terminating their employment with us at any time, subject to applicable
notice periods. Nevertheless, the loss of the services of any of these persons could impede the achievement of our research, development
and commercialization objectives.

To induce valuable employees
to remain at our Company, in addition to salary and cash incentives, we provide share incentive grants that vest over time. The value
to employees of these equity grants that vest over time may be significantly affected by movements in the price of our Class A Ordinary
Shares that are beyond our control, and may at any time be insufficient to counteract more lucrative offers from other companies. Although
we have appointment letters with our key employees, any of our employees could resign at any time, with 1-month to 3-months prior written
notice or with payment in lieu of notice.

Recruiting and retaining qualified
officers, scientific, clinical, sales and marketing personnel