Company: GRAN
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001213900-25-069627
Chunk: 128

Company: Grande Group Ltd/HK
Filing Date: 2025-07-31
Form: 20-F
Item: Item 6
Chunk 128
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 writing by a majority of the directors. A person other than an individual which is a shareholder may by a resolution of its directors
or other governing body authorize any individual it thinks fit to act as its representative at any meeting of shareholders. The duly
authorized representative shall be entitled to exercise the same powers on behalf of the person which he represents as that person could
exercise if it were an individual.

6. D. Employees

Grande Capital had 18, 14 and 13 full-time employees
as of March 31, 2025, 2024 and 2023, respectively. All of the employees are stationed in Hong Kong. The following table sets
forth the number of our full-time employees categorized by function as of March 31, 2025, 2024 and 2023:

  Function                    As of          As of          As of  
                          March 31,      March 31,      March 31,  
                                              2024           2023  
                               2025                                
 ───────────────────────────────────────────────────────────────────
  General management              3              2              1  
  Project execution              10             10             10  
  Administrative                  5              2              2  
  Total                          18             14             13  

We
consider that we have maintained a good relationship with the employees and have not experienced any significant disputes with the employees
or any disruption to the operations due to any labor disputes. In addition, our Operating Subsidiary has not experienced any difficulties
in the recruitment and retention of experienced core staff or skilled personnel.

Our
remuneration package includes salary and discretionary bonuses. In general, we determine employees’ salaries based on their qualifications,
position and seniority. In order to attract and retain valuable employees, we review the performance of our employees annually, which
will be taken into account in annual salary review and promotion appraisal. We provide a defined contribution to the Mandatory Provident
Fund as required under the Mandatory Provident Fund Schemes Ordinance (Chapter 485 of the Laws of Hong Kong) for our eligible
employees in Hong Kong.

6. E. Share
Ownership

Except
as specifically noted, the following table sets forth information with respect to the beneficial ownership of our Ordinary Shares as
of the date of this annual report by:

  Each                                                                                                                             

  Each                                                

  All                                                 

Percentage
of beneficial ownership of each listed person isbased on 19,906,