Company: LNAI
Filing Date: 2025-10-15
Form Type: DEF 14A
Source: 0001731122-25-001378
Chunk: 36

Company: Lunai Bioworks Inc.
Filing Date: 2025-10-15
Form: DEF 14A
Chunk 36
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 ApS was deemed to be an affiliate
of the Company.

Consulting Agreement with Paseco ApS

The Company currently has a consulting agreement with
Paseco ApS for business advisory services since December of 2019. For the years ended June 30, 2024 and 2025 the Company issued 100,000
and zero restricted common shares, respectively, as payment for services rendered thereunder. The Paseco ApS consulting agreement was
not extended past the maturity of the term on February 24, 2024.

Consulting Agreement with Laksya Ventures Inc.

On October 14, 2024, the Company
entered into a consulting agreement with Laksya Ventures Inc. and issued 50,000 shares of Common Stock for consulting services
valued at $275,000.

Policies and Procedures for Related Party Transactions

Our Audit Committee is responsible
for reviewing and approving all transactions in which we are a participant and in which any parties related to us, including our executive
officers, directors, beneficial owners of more than 5% of our voting securities, immediate family members of the foregoing persons, and
any other persons whom our Board determines may be considered related parties, has or will have a direct or indirect material interest
and that involve consideration received or receivable by these persons in excess of the lesser of (i) $120,000, and (ii) one percent of
the average of the Company’s total assets at year end for the last two completed fiscal years. In reviewing and approving these
transactions, our Audit Committee obtains, or directs our management to obtain on its behalf, all information that the Audit Committee
believes to be material to a review of the transaction prior to its approval. It is contemplated that no related person transaction will
be entered into prior to the completion of these procedures; however, where permitted, a related person transaction may be ratified upon
completion of these procedures.

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Section 16(a) Beneficial Ownership Reporting Compliance

Section 16(a) of the Exchange Act
requires our directors, executive officers and persons who own more than 10% of a registered class of our equity securities to file with
the SEC initial reports of ownership and reports of changes in ownership of our Common Stock and other equity securities. Officers, directors
and greater-than-10% stockholders are required by SEC regulations to furnish us with copies of all Section 16(a) forms they file.

Based