Company: APM
Filing Date: 2025-07-15
Form Type: DRS
Source: 0001213900-25-063899
Chunk: 311

Company: Aptorum Group Ltd
Filing Date: 2025-07-15
Form: DRS
Chunk 311
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 personal experiences and expertise relevant to our growth strategy.

There is no Cayman Islands
law requirement that a director must hold office for a certain term and stand for re-election unless the resolutions appointing the director
impose a term on the appointment. The Memorandum and Articles provide that we have a staggered board of directors consisting of three
classes of directors, with directors serving staggered three-year terms. Our Board of Directors is divided into three classes of directors.
At each annual general meeting of shareholders, one class of directors will be elected for a three-year term to succeed the class whose
terms are then expiring, to serve from the time of election and qualification until the third annual meeting following their election
or until their earlier death, resignation or removal, starting with the Annual General Meeting of Shareholders to be held in December
2023.

The Company’s Board
has initially designated the three classes to contain the directors set forth below. Shareholders will only elect the Class II directors
at the Company’s next Annual General Meeting; the Class III and I directors shall not be required to stand for re-election until
the years specified below.

| Name & Class   |     | Positions                                    |     | Expiration of Director Term/Re-Election Year |
| Class III      |     |                                              |     |                                              |
| Ian Huen       |     | Chief Executive Officer & Executive Director |     |                                         2027 |
| Class II       |     |                                              |     |                                              |
| Not applicable |     |                                              |     |                                              |
| Class I        |     |                                              |     |                                              |
| Justin Wu      |     | Independent Non-Executive Director           |     |                                         2026 |
| Douglas Arner  |     | Independent Non-Executive Director           |     |                                         2026 |

We do not have any age limit
requirements relating to our director’s term of office.

Our Memorandum and Articles
also provide that our directors may be removed by the directors or ordinary resolution of the shareholders, and that any vacancy on our
Board of Directors, including a vacancy resulting from an enlargement of our Board of Directors (which shall not exceed any maximum number
stated therein), may be filled by ordinary resolution or by vote of a majority of our directors then in office.

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Director Independence

Our Board of Directors has
determined that Justin Wu and Douglas Arnerare independent, as determined in accordance with the rules of the Nasdaq Capital Market