Company: SPPL
Filing Date: 2025-04-08
Form Type: 20-F
Source: 0001641172-25-003217
Chunk: 10

Company: SIMPPLE LTD.
Filing Date: 2025-04-08
Form: 20-F
Item: Item 3
Chunk 10
---
 copyrights
by third parties, and we may face litigation suits for intellectual property infringement.

We
believe our trademarks are well recognized by our customers and in the industries we are operating in, which reflects our reliable and
quality services that have contributed to our success. It is possible that our competitors or other third parties may adopt trademarks
similar to ours, which may lead to brand confusion. If we fail to effectively protect our trademarks and other intellectual property,
such as our copyrights and any patents that are issued to us in the future, generally or against specific third party infringement, our
intellectual property rights could be negatively affected and our customers may have a negative impression of our service quality which
in turn may have an adverse impact on our Group’s reputation, prospects, business and financial results.

There
is also no assurance that we will not be sued for any potential infringement of any intellectual property rights of third parties in
the future. In the event of any claims or litigation involving infringement of the intellectual property rights of third parties, whether
with or without merit, we may be required to divert a significant amount of our time and resources to defend or attend to any possible
litigation or legal proceedings. As a result, our reputation, business and financial results may be adversely affected.

We
could incur substantial costs as a result of data protection concerns or IT systems disruption or failure.

While
we have not been the subject of any cyber-attacks or IT system failures that have had a material impact on our Group, our business may
be impacted by such attacks or system failures in the future. Cybersecurity attacks, in particular, are evolving and include, but are
not limited to, malicious software, attempts to gain unauthorized access to data and other electronic security breaches that could lead
to disruptions in systems, unauthorized release of confidential or otherwise protected information and corruption of data. A cyberattack
or system failure may result in operational downtimes and/or delays, which may have a detrimental impact on our ability to provide services
to our customers. In addition, we utilize cleaning robots and our SIMPPLE Ecosystem in the provision of our facilities management services,
and any failure of these systems could disrupt our daily operations and lead to delays of our provision of services or loss in our revenues.

   9  

  Table of Contents  

We
handle the personal data of the personnel of customers in the ordinary course of providing our products and services. The collection
and use of such personal data is governed by personal data protection laws in Singapore, in particular