Company: JXG
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001213900-25-043744
Chunk: 147

Company: JX Luxventure Group Inc.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 6
Chunk 147
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 persons named above.

B. Compensation

Following the SEC’s
approval of Nasdaq’s proposed clawback listing standards, under Rule 10D-1, which directed companies to adopt and comply with a
written clawback policy, to disclose and file the policy as an exhibit to its annual report, we adopted a clawback policy on November
30, 2023.

For the year ended December 31, 2024, we did not
paid cash as compensation to our directors and executive officers as a group. We do not set aside or accrue any amounts for pension, retirement
or other benefits for our directors and senior management. However, we reimburse our directors for out-of-pocket expenses incurred in
connection with their services in such capacity.

For the years ended December 31, 2024 and December
2023, we did not grant shares to our directors and officers, including our Chief Executive Officer.

For the year ended December 31, 2022, we granted
25,000 shares to our Chief Executive Officer, Interim Financial Officer, Co-chairwoman and director, pursuant to the employment agreement
entered into and executed on June 22, 2021. The 2021 Employment Agreement provided, in pertinent terms, that if the Company reaches its
annual revenue of US$50,000,000, as reported in the Company’s 2021 annual report on Form 20-F for the fiscal year end December 31,
2021, Sun Lei will receive 25,000 shares of the Company’s Common Stock as her stock compensation. The CEO Employment Agreement and
the issuance of the Shares have been previously approved by the Board and by the written consent of a majority of stockholders of the
voting power of the Company. The Shares bear the restrictive legend, as issued without registration under the Securities Act of 1933,
as amended (the “ Securities Act”), in reliance upon an exemption under Section 4(a)(2) of the Securities Act.

For the year ended December 31, 2022, we granted
under our 2022 Equity Incentive Plan, as amended, an aggregate of 7,500 shares of our Common Stock to our executive officers and directors
as compensation for their services. Each share had the value of $91.20.

The grants to the Company’s executive officers
and directors were as follows:

  Ruifeng                                  

  Jin                                      

  Huidan                                                  

The total compensation to Directors and Executives
as