Company: MVNC
Filing Date: 2025-01-10
Form Type: PRE 14C
Source: 0001683168-25-000215
Chunk: 16

Company: Marvion Inc.
Filing Date: 2025-01-10
Form: PRE 14C
Chunk 16
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31, 2023 and 2022, the Company paid the aggregate amount of $126,000 and $123,000 as compensation to Tan Tee Soo, its former director.

Dr. Chan did not receive any compensation
for services in his capacity as a director and the sole executive officer of the Company.

Other than set out above and below,
there are no arrangements or plans in which we provide pension, retirement or similar benefits for directors or executive officers. We
expect to establish one or more incentive compensation plans in the future. Our directors and executive officers may receive securities
of the Company as incentive compensation at the discretion of our board of directors in the future. We do not have any material bonus
or profit sharing plans pursuant to which cash or non-cash compensation is or may be paid to our directors or executive officers.

| 10 |

Equity Awards

There are no unvested options,
warrants or convertible securities outstanding.

At no time during the last fiscal
year with respect to any of any of our executive officers was there:

| · | any outstanding option or other equity-based award repriced or otherwise materially modified (such as by extension of exercise periods, the change of vesting or forfeiture conditions, the change or elimination of applicable performance criteria, or the change of the bases upon which returns are determined; |
| · | any waiver or modification of any specified performance target, goal or condition to payout with respect to any amount included in non-stock incentive plan compensation or payouts;                                                                                                                                |
| · | any option or equity grant;                                                                                                                                                                                                                                                                                         |
| · | any non-equity incentive plan award made to a named executive officer;                                                                                                                                                                                                                                              |
| · | any nonqualified deferred compensation plans including nonqualified defined contribution plans; or                                                                                                                                                                                                                  |
| · | any payment for any item to be included under All Other Compensation in the Summary Compensation Table.                                                                                                                                                                                                             |

Compensation of Directors

During our fiscal year ended December
31, 2023, we provided compensation to the following director:

| Name            |     | Fees earned or paid in cash 
 ($)                         |     | Stock awards 
 ($)          |     | Option awards 
 ($)           |     | Non-equity incentive plan compensation 
 ($)                                    |     | Change in pension value and nonqualified deferred compensation earnings |     | All other compensation 
                    ($) |   |     |   Total 
     ($) |
| Tan Tee Soo (1) |     | –                           |     | –            |     | –             |