STRATEGIC ACQUISITIONS INC NV

During the year ended December 31, 2023, A total of $30,000 management compensation was paid to Mr. John O’Shea for his consulting service as our President on the monthly basis. And a total of $22,500 management compensation was paid to Dr. Yuanyuan Huang, for his consulting service as our Treasurer, Secretary, on a quarterly basis. We did not pay any director fees to our directors. Each of our officers and directors may from time to time be reimbursed for out-of-pocket expenses incurred on our behalf. We have no stock option, retirement, pension, or profit-sharing programs for the benefit of directors, officers or other employees, but the Board of Directors may recommend adoption of one or more such programs in the future.

During the years ended December 31, 2022 and 2021, we did not pay any cash salary or bonus to any of our officers or director fees to our directors. Each of our officers and directors may from time to time be reimbursed for out-of-pocket expenses incurred on our behalf. We have no stock option, retirement, pension, or profit-sharing programs for the benefit of directors, officers or other employees, but the Board of Directors may recommend adoption of one or more such programs in the future.

Compensation Committee Interlocks and Insider Participation

The Company has no compensation committee. Its officers, John O’Shea and Yuanyuan Huang, and director Wei Huang, participate in deliberations of the board of directors concerning executive officer compensation.

The compensation information in the below table reflects amounts paid during the fiscal years ended December 31, 2023 and 2022. Because Exworth Union was formed in March 2022, there was no activity to report for the year ended December 31, 2021, with respect to its officers and directors. The table reflects amounts paid to our current and former officers and directors, and Marika Tonay, who served as our Secretary/Treasurer until her resignation on August 31. 2022, and Johnathan Braun, who was a director prior to his resignation on August 31, 2022.

Summary Compensation Table

(1) The Company issued an aggregate of 150,000 warrants to purchase shares of common stock to John P. O’Shea, Marika Tonay and Jonathan Braun in consideration for their services. The 37,129 warrants issued to John P. O’Shea, the 734 warrants issued to Marika Tonay, and the 112,137 warrants issued to Jonathan Braun had a fair value as of the date of grant of $14,456, $286 and $43,658, respectively. The warrants vested immediately and are exercisable for a period of 5 years from issuance at an initial purchase price of $1.20 per share, subject to adjustment and registration rights.