On October 25, 2024, Elevai Labs Inc. entered into amended consulting agreements with its non-employee CEO and non-executive Chairman. The CEO agreement with GB Capital Ltd. includes an annual fee of $250,000, a one-time bonus of $175,000, and various performance-based bonuses. The Chairman agreement with Northstrive Companies Inc. features a $300,000 annual fee, a $175,000 bonus, and 300,000 shares of Series B Preferred Stock.Both agreements outline milestone bonuses tied to acquisitions, equity financings, and market valuation targets. The CEO can receive up to $300,000 for achieving specific market valuations, while the Chairman can earn up to $600,000. Both parties are eligible for annual bonuses targeting 125% of their base fees. The agreements also detail termination conditions and potential severance payments.These amendments reflect Elevai Labs' efforts to align executive compensation with company performance and growth objectives. The agreements include provisions for stock-based compensation and accelerated vesting under certain conditions, demonstrating a focus on long-term value creation and retention of key leadership.

On October 25, 2024, Elevai Labs Inc. entered into amended consulting agreements with its non-employee CEO and non-executive Chairman. The CEO agreement with GB Capital Ltd. includes an annual fee of $250,000, a one-time bonus of $175,000, and various performance-based bonuses. The Chairman agreement with Northstrive Companies Inc. features a $300,000 annual fee, a $175,000 bonus, and 300,000 shares of Series B Preferred Stock.Both agreements outline milestone bonuses tied to acquisitions, equity financings, and market valuation targets. The CEO can receive up to $300,000 for achieving specific market valuations, while the Chairman can earn up to $600,000. Both parties are eligible for annual bonuses targeting 125% of their base fees. The agreements also detail termination conditions and potential severance payments.These amendments reflect Elevai Labs' efforts to align executive compensation with company performance and growth objectives. The agreements include provisions for stock-based compensation and accelerated vesting under certain conditions, demonstrating a focus on long-term value creation and retention of key leadership.