Company: SUND
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001641172-25-017143
Chunk: 582

Company: Sundance Strategies, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 7
Chunk 582
---
 of our Code
of Ethics and Business Conduct, we intend to satisfy our disclosure requirements by posting a description of such amendment or waiver
on our website at www.sundancestrategies.com.

ITEM
11: EXECUTIVE COMPENSATION

Director
Compensation

There
was no cash compensation and there were no equity awards granted during either of the fiscal years ended March 31, 2025 and
2024.

At
March 31, 2025, Mr. Pearson’s beneficial ownership totaled 1,191,432 shares.

At
March 31, 2025, Mr. Dickman’s beneficial ownership totaled 4,762,213 shares, including 1,994,332 warrants.

At
March 31, 2025, Mr. Quesenberry’s beneficial ownership totaled 970,206 shares.

At
March 31, 2025, Mr. Higginson’s beneficial ownership totaled 14,802,775 shares, including 7,000,000 shares owned by Higginson Family
Inv, LLC; 750,000 shares owned by Eclipse Fund LLC; 320,000 shares owned by Radion Energy LLC; 370,000 shares owned by Ecosystems Resources
LLC; and 900,000 shares owned by KGPR, LLC. Also included are 5,462,775 warrants held by Mr. Higginson.

34

Executive
Compensation Objectives and Principles

The
overall objective of our executive compensation program is to help create long-term value for our stockholders by attracting and retaining
talented executives, rewarding superior operating and financial performance, and aligning the long-term interests of our executives with
those of our stockholders. Accordingly, our executive compensation program incorporates the following principles:

    ●
    Compensation
    should be based upon individual job responsibility, demonstrated leadership ability, management experience, individual performance,
    and Company performance.

    ●
    Compensation
    should reflect the fair market value of the services received. We believe that a fair and competitive pay package is essential to
    attract and retain talented executives in key positions.

    ●
    Compensation
    should reward executives for long-term strategic management and enhancement of stockholder value.

    ●
    Compensation
    should reward performance and promote a performance-oriented environment.

Executive
Compensation Procedures

We
believe that compensation paid to our executive officers should be closely aligned with our performance and the performance of each individual
executive officer on both