Company: KNRX
Filing Date: 2025-09-22
Form Type: F-1/A
Source: 0001493152-25-014499
Chunk: 139

Company: KNOREX LTD.
Filing Date: 2025-09-22
Form: F-1/A
Chunk 139
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,387,025 |     |                         |         - |     |                            | 14.42 |     |                |  8.85 |

Notes:

| *   | Less than 1% of our total outstanding ordinary shares.                                                                                       |
| **  | Except                                                                                                                                       
 as otherwise indicated below, the business address of our directors and executive officers is 21 Merchant Road, #04-01 Singapore             
 058267.                                                                                                                                      |
| *** | Each                                                                                                                                         
 of Wilson Chandra, Qi Chang, Gordon Kwok Wai Lam and Jayant Kadambi has accepted the appointment as director, effective                      
 upon the SEC’s declaration of effectiveness of our registration statement on Form F-1, of which this prospectus is a part.                   |
| (1) | Raffles Venture (Direct) Pte Ltd, a Singapore company with registered office                                                                 
 at 600 North Bridge Road #05-01 Parkview Square Singapore 188778, is 50% owned by NRF Holdings Pte Ltd (a Singapore entity fully owned       
 by the Minister for Finance of Singapore) and the remaining shareholdings by other shareholders including Mr. Yap Ning Jee and Mr. Lim       
 Dah Chee, David. Mr. Yap Ning Jee and Mr. Lim Dah Chee, David are the directors of Raffles Venture (Direct) Pte Ltd, and hold the investment 
 and voting power on behalf of Raffles Venture (Direct) Pte Ltd.                                                                              |
| (2) | Franklin                                                                                                                                     
 Capital Enterprise Ltd, a British Virgin Islands company with registered office at Nerine Chambers, P.O. Box 905, Road Town, Tortola,        
 British Virgin Islands, is owned as to 100% by Ms. Zhong Si Wan, who holds the investment and voting power on behalf of this entity.         |

As of the date of the prospectus,
we have a U.S. record holder holding our outstanding Class A Ordinary Shares. Mr. Wilson Chandra is a U.S. permanent resident
and currently holds 3,375 of our Class A Ordinary Shares and 30,575 Class B Ordinary Shares. We are not aware of any arrangement that
may, at a subsequent date, result in a change of control of our company.

Call Option Agreement

In connection with the purchase
by Raffles Venture (Direct) Pte. Limited (“Raffles Venture”) of the convertible notes issued by Knorex SG on March
11, 2016, Khar Heng