Company: GCL
Filing Date: 2025-08-27
Form Type: DRS
Source: 0001213900-25-080905
Chunk: 100

Company: GCL Global Holdings Ltd
Filing Date: 2025-08-27
Form: DRS
Chunk 100
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phones, and 
 monitors,                                                                                  |

| ● | smart                                                                              
 Internet-of-Things (“IoT”) devices: networking, smart home, and tracking products, 
 and                                                                                |

| ● | commercial                                                                                
 IT solutions: large format displays, unified communication, video conferencing solutions, 
 software, and computing systems for B2B clients.                                          |

Since Ban Leong’s incorporation in 1993, it has evolved from
a traditional “box-moving” distributor into a value-added, multi-channel solutions provider. Ban Leong’s operations
encompass product marketing, after-sales support, and regional logistics, enabling us to serve a diverse customer base through retail,
e-commerce, and commercial sales channels. Ban Leong is an authorized distributor for over 50 brand, including Razer, Nvidia, Samsung,
Huawei, TP-Link, and LG. We believe our long-standing relationships with globally recognized brand principals, together with our integrated
distribution model, supports our competitive positioning in the Southeast Asian market. See “UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATION,” “Ban Leong Management’s Discussion and Analysis of Financial Condition and Results of Operations” and Ban Leong’s audited financial statements and notes thereto, presented in accordance with U.S. GAAP, which
are included elsewhere in this prospectus. Ban Leong’s historical results are not necessarily indicative of future results.

Our Competitive Strengths

Multi-year distribution arrangements with international video game publishers and studios

We have forged multi-year
deals with international video game publishers and studios such as Sega Corporation (“Sega”), Take-Two Interactive
Software UK Limited (“Take-two”), CD Projekt S.A. (“CDPR”) and Warner Bros. Games
to sell select game titles (including Cyberpunk 2077, Grand Auto Theft V, NBA 2K24, The Witcher 3: the Wild Hunt, Hogwarts Legacy, and Mortal Kombat 1) within certain territories in Asia (e.g., Hong Kong, Indonesia, Malaysia, Philippines,
Singapore, Taiwan and Thailand). Epicsoft Asia started distributing Sega© games in 2018. We continue to distribute popular Sega©
game titles, including games under the Sonic franchise, the Yakuza series and Persona 5 in
Asia.

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Extensive distribution network

We have one of the largest
distribution networks for video games in Asia through resellers with physical and online stores. We have over ten years of