VISIUM TECHNOLOGIES INC

For the period ended Jun 30, 2024. Filed Sep 30, 2024.

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FY2024 · Filed Sep 30, 2024

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Item 11. Executive Compensation

The following table sets forth, for the last two completed fiscal years, all compensation paid, distributed or accrued for services rendered to us by (i) all individuals serving as our principal executive officer or acting in a similar capacity during the last completed fiscal year, regardless of compensation level; (ii) our two most highly compensated executive officers other than the principal executive officer who were serving as executive officers at the end of the last completed fiscal year and whose total compensation exceeded $100,000; and (iii) up to two additional individuals for whom disclosure would have been provided pursuant to (ii) above but for the fact that the individual was not serving as our executive officer at the end of the last completed fiscal year:

Summary Compensation Table

Non-
Equity · Non-Qualified
Option · Incentive Plan · Deferred · All Other
Name and Principal Position · Year · Salary($)(1) · Bonus($) · StockAwards · Awards($) · Compensation($) · CompensationEarnings · Compensation($) · Total($)
Mark Lucky (1)	2024	$450,000	$	-	$305,160	$	-	$	-	$	-	$	-	$755,160
Chief Executive Officer and Chief Financial Officer	2023	$435,252	$	-	$206,281	$	-	$	-	$	-	$	-	$641,533

(1)	Amounts includes accrued compensation for Mr. Lucky, of which $ 210,600 was paid in fiscal 2024 and $81,649 was paid in fiscal 2023.

Employment Agreements

Currently no employees are party to any employment agreement with the Company. We anticipate that as we complete certain acquisition transactions, the Company will enter into employment agreements with key executives.

Pension, Retirement or Similar Benefit Plans

There are no arrangements or plans in which we provide pension, retirement or similar benefits for directors or executive officers. Our directors and executive officers may receive stock options at the discretion of our Board in the future.

Outstanding Equity Awards at Fiscal Year-End

There are no outstanding equity incentive plan awards for each named executive officer outstanding as of June 30, 2024.

Director Compensation

Our Board of Directors is comprised of Mr. Paul Favata, Mr. Tom Grbelja, Dr. Emmanuel Esaka, Mr. Solomon Adote, Mr. Wayne Monk, and Mr. Mark Lucky, who is also an executive officer of our company.

The following table sets forth the restricted stock grants issued to Messrs. Favata, Grbelja, Monk, Adote, and Dr. Esaka as compensation for their Board service:

FY2024 · FY2023
	Common Shares		Common Shares
Name	Granted/Vested	Expense	Granted/Vested	Expense
Tom Grbelja	29,400,000	$305,160	1,800,000	$206,281
Paul Favata	2,160,000	36,304	305,000	71,702
Emmanuel Esaka	-	-	45,000	13,950
Wayne Monk	-	-	49,446	36,756
Solomon Adote	-	-	46,482	29,756
	31,560,000	$341,464	2,245,928	$358,445

FY2024 · FY2023
	Common Shares		Common Shares
Name	Granted/Vested	Expense	Granted/Vested	Expense
Tom Grbelja	29,400,000	$305,160	1,800,000	$206,281
Paul Favata	2,160,000	36,304	305,000	71,702
Emmanuel Esaka (1)	-	-	45,000	13,950
Wayne Monk (2)	-	-	49,446	36,756
Solomon Adote (3)	-	-	46,482	29,756
	31,560,000	$341,464	2,245,928	$358,445

(1)	Dr. Esaka resigned from the Board of Directors effective July 25, 2024.
(2)	Mr. Monk resigned from the Board of Directors effective July 25, 2024.
(3)	Mr. Adote resigned from the Board of Directors effective July 25, 2024.

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