{"url_path":"/sec/cik-0001566243/10-k/2026/item-11","section_key":"item-11","section_title":"Item 11 EXECUTIVE COMPENSATION**","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-06-10","source_url":"https://www.sec.gov/Archives/edgar/data/1566243/0001753926-26-000995-index.html","accession_number":"0001753926-26-000995","cik":"0001566243","ticker":null,"issuer_name":"Arax Holdings Corp","edgar_url":"https://www.sec.gov/Archives/edgar/data/1566243/0001753926-26-000995-index.html","primary_entity_key":"0001566243","primary_entity_name":"Arax Holdings Corp"},"word_count":324,"has_tables":true,"body_markdown":"**ITEM\n11. EXECUTIVE COMPENSATION**\n\n \n\n**Executive\nCompensation**\n\n \n\nThe\nfollowing table sets forth the compensation accrued or paid to our named executive officers for the fiscal year ended October\n31, 2024. Due to limited working capital, substantially all executive compensation has been deferred and remains unpaid, with\ncompensation accrued during the period. No cash payments were made to any named executive officer in fiscal 2024\n\n \n\nName and Principal Position \nYear  \nSalary  \nBonus  \nStock Awards  \nOption Awards  \nOther Compensation  \nTotal \n\nMichael Loubser Chief Executive Officer \n 2024  \n —  \n —  \n —  \n —  \n —  \n — \n\nChristopher Strachan Chief Financial Officer \n 2024  \n 180,000* \n —  \n —  \n —  \n —  \n 180,000 \n\nOckert Loubser Chief Operations Officer \n 2024  \n —  \n —  \n —  \n —  \n —  \n — \n\nRastislav Vasicka Chief Information/Technology Officer \n 2024  \n —  \n —  \n —  \n —  \n —  \n — \n\nMichael Loubser Chief Executive Officer \n 2023  \n —  \n —  \n —  \n —  \n —  \n — \n\nChristopher Strachan Chief Financial Officer \n 2023  \n 90,000* \n —  \n —  \n —  \n —  \n 90,000 \n\nOckert Loubser Chief Operations Officer \n 2023  \n —  \n —  \n —  \n —  \n —  \n — \n\nRastislav Vasicka Chief Information/Technology Officer \n 2023  \n —  \n —  \n —  \n —  \n —  \n — \n\n \n\n*\nRepresents amounts accrued but not paid during fiscal 2024 and 2023. All compensation for named executive officers has been deferred\ndue to the Company’s limited cash resources.\n\n \n\n12\n\n \n\n \n\nThe\nCompany has not finalized employment agreements with any named executive officer. Compensation for our executives has been limited\nand primarily deferred due to working capital constraints. During fiscal 2024, the following compensation was accrued (but remains\nunpaid):\n\n \n\n●Chief\nFinancial Officer: $180,000\n\n \n\nNo\nbonuses, equity awards, or other incentives were granted or paid.\n\n \n\nThe\nCompany intends to accrue executive compensation beginning in fiscal 2025 at the following annual rates, subject to available\nfunding and board approval: Chief Executive Officer $350,000; Chief Financial Officer $250,000; Chief Operations Officer $300,000;\nand Chief Information/Technology Officer $250,000. Actual payments remain subject to the Company’s financial condition and\ncash flow priorities.\n\n \n\nWe\ndo not maintain any pension, retirement, or nonqualified deferred compensation plans for executives at this time."}