{"url_path":"/sec/sund/10-k/2026/item-12","section_key":"item-12","section_title":"Item 12 Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters**","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-06-29","source_url":"https://www.sec.gov/Archives/edgar/data/1171838/0001493152-26-031046-index.html","accession_number":"0001493152-26-031046","cik":"0001171838","ticker":"SUND","issuer_name":"Sundance Strategies, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1171838/0001493152-26-031046-index.html","primary_entity_key":"0001171838","primary_entity_name":"Sundance Strategies, Inc."},"word_count":652,"has_tables":true,"body_markdown":"**ITEM\n12: Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters**\n\n \n\n**Security\nOwnership of Certain Beneficial Owners**\n\n \n\nThe\nfollowing table shows information regarding the beneficial ownership of our common stock as of the date of this filing by (a) each stockholder,\nor group of affiliated stockholders, that we know owns more than 10% of our outstanding common stock; (b) our Named Executive Officer;\n(c) each of our directors; and (d) all of our current directors and executive officer as a group. The table is based upon information\nsupplied by directors, executive officers and principal stockholders, and Schedules 13D and 13G filed with the Commission.\n\n \n\nPercentage\nownership in the table below is based on 43,063,441 shares of common stock outstanding as of June 29, 2026. Beneficial ownership is determined\nin accordance with the rules of the Securities and Exchange Commission, and generally includes voting power and/or investment power with\nrespect to the securities held. Any securities not outstanding but which are subject to options or warrants exercisable within 60 days\nof June 29, 2026, are deemed outstanding and beneficially owned for the purpose of computing the percentage of outstanding common stock\nbeneficially owned by the stockholder holding such options or warrants, but are not deemed outstanding for the purpose of computing the\npercentage of common stock beneficially owned by any other stockholder.\n\n \n\nUnless\notherwise indicated, each of the stockholders listed below has sole voting and investment power with respect to the shares beneficially\nowned. The address for each director or named executive officer is c/o Sundance Strategies, Inc., Attention: Randall F. Pearson, 4626\nNorth 300 West, Suite No. 365, Provo, Utah 84604.\n\n \n\n  \nShares Beneficially Owned \n\nName and Address of Beneficial Owner \nNumber  \nPercent \n\nDirectors and Named Executive Officers \n    \n   \n\nKraig T. Higginson (1) \n 15,260,325  \n 31.2%\n\nGlenn S. Dickman (4) \n 5,928,213  \n 12.8%\n\nRandall F. Pearson \n 1,191,432  \n 2.8%\n\nStephen E Quesenberry \n 970,206  \n 2.3%\n\n  \n    \n   \n\nAll executive officers and directors as a group (4 persons) \n 23,350,176  \n 54.2%\n\n  \n    \n   \n\n5% Stockholders Not Listed Above \n    \n   \n\nZoe, LLC (2) \n 5,100,000  \n 11.8%\n\nRadiant Life, LLC (2) \n 7,306,345  \n 15.1%\n\nSmartrade Consulting, Inc. (3) \n 2,500,000  \n 5.8%\n\n \n\n(1)\nMr.\nHigginson’s ownership includes 7,000,000 shares owned by Higginson Family Inv, LLC; 750,000 shares owned by Eclipse Fund LLC;\n320,000 shares owned by Radion Energy LLC; 370,000 shares owned by Ecosystems Resources LLC; and 900,000 shares owned by KGPR, LLC.\nAlso included are 5,462,775 warrants held by Mr. Higginson.\n\n \n \n\n(2)\nZOE,\nLLC and Radiant Life, LLC are beneficially owned by Mitchell D. Burton, for an aggregate percentage of ownership of approximately\n26.9%. The address of ZOE, LLC is 4626 N. 300 W., Provo, Utah 84604. The address of Radiant Life, LLC is 4626 N. 300 W., Provo, Utah\n84604. Mr. Burton’s ownership includes 3,229,016 warrants held by Radiant Life, LLC.\n\n \n\n37\n\n \n\n \n\n(3)\n\nSmartrade\nConsulting, Inc. is held by Summit Trustees PLLC for the beneficial owner, Lam Ping of Hong Kong. The address of Smartrade Consulting,\nInc. is 22G Tower 4, The Metropolis, 8 Mau Yip Road, Tsung Kwan Q, N. T., Hong Kong.\n\n \n \n\n(4)\nMr.\nDickman’s ownership includes 3,160,332 warrants.\n\n \n\n**Securities\nAuthorized for Issuance under Equity Compensation Plans**\n\n \n\nThe\nfollowing table provides information as of March 31, 2026, about our common stock that may be issued upon the exercise of options, warrants\nand rights under all of our existing equity compensation plans (including individual arrangements):\n\n \n\nPlan Category \n\n**Number of securities to be issued upon exercise of outstanding options, warrants and rights**\n\n**(a)**\n  \n\n**Weighted-average exercise price of outstanding options, warrants and rights**\n\n**(b)**\n  \n\n**Number of securities remaining available for future issuance under equity compensation plans (excluding securities reflected in column (a))**\n\n**(c)**\n \n\n  \n   \n   \n  \n\nEquity compensation plans approved by security holders \n -  \n -  \n - \n\n  \n    \n    \n   \n\nEquity compensation plans not approved by security holders \n 18,245,002  \n$0.70  \n - \n\n  \n    \n    \n   \n\nTotal \n 18,245,002  \n$0.70  \n - \n\n \n\n**(a)**As\nof March 31, 2026, the number of securities to be issued upon exercise of outstanding options,\nwarrants, and rights is made up of warrants to all warrant holders."}