Company: GCL
Filing Date: 2025-07-31
Form Type: 424B3
Source: 0001213900-25-070094
Chunk: 140

Company: GCL Global Holdings Ltd
Filing Date: 2025-07-31
Form: 424B3
Chunk 140
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, principal accounting officer or controller or persons performing similar functions. The code of ethics is available on our website
at https://www.gclglobalholdings.com/. We intend to make any legally required disclosures
regarding amendments to, or waivers of, provisions of its code of ethics on our website rather than by filing a Current Report on Form
6-K.

D. Employees

As of July 30, 2025, we have a total of 172 full-time
employees, consisting of 62 in Singapore, 10 in Hong Kong, 7 in Malaysia, 5 in China, 27 in Europe and 61 in other parts of the world,
carrying out the following primary functions:

| Media Production                   |     |   8 |
| Content Development and Publishing |     |   5 |
| Operations                         |     |  48 |
| Sales and Marketing                |     |  73 |
| Finance                            |     |  18 |
| Management and Administration      |     |  20 |
| Total                              |     | 172 |

GCL Group seeks to hire and develop employees who
are dedicated to our strategic mission. Over the next twelve months, we intend to continue to hire a significant number of additional
personnel across a variety of functions including, but not limited to, sales and marketing, research and development, content design and
creation, video production, and operations to support of our anticipated growth.

We are committed to maintaining equitable compensation
programs including equity participation. We offer market-competitive salaries aimed at attracting and retaining team members capable of
making exceptional contributions to our success. Our compensation decisions are guided by the external market, role criticality, and the
contributions of each team member.

To date, we have not experienced any work stoppages
and we consider our relationship with our employees to be good. None of our employees are either represented by a labor union or subject
to a collective bargaining agreement.

E. Share Ownership

Ownership of our shares
by our directors and executive officers is set forth in “Item 7. Major Shareholders and Related Party Transactions—A. Major Shareholders” of this Report.

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ITEM 7. MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS

A. Major Shareholders

The following table sets
forth information regarding the beneficial ownership of our ordinary shares as of the date of this Report by:

| ● | each                                                                                     
 person known by us to be the