Company: SPPL
Filing Date: 2025-04-08
Form Type: 20-F
Source: 0001641172-25-003217
Chunk: 52

Company: SIMPPLE LTD.
Filing Date: 2025-04-08
Form: 20-F
Item: Item 4
Chunk 52
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 customers affiliated with these principals
are negotiated at arm’s length.

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  Table of Contents  

OUR
MAJOR SUPPLIERS

Our
major suppliers (including sub-contractors) which accounted for 5.0% or more of our Group’s total supplies purchases and sub-contractor
costs for FY 2024, 2023 and 2022 are as follows:

                                                                                                     Percentage of total purchases (%)          
  Supplier                                                          Product or service supplied      FY 2024                                    
  Shanghai Gaoxian Automation Technology Development Co., Ltd.      Robots                                                                   6  
  Hangzhou Cape of Good Hope Robots Co., Ltd. (Cenobots)            Robots                                                                  23  
  Eclipse Floor Solutions Pty Ltd                                   Robots                                                                  12  
  Kabam Pte Ltd                                                     Robots                                                                  14  

We
are currently the distributor of Shanghai Gaoxian’s FM-related robotics such as robotic sweepers, scrubbers, Automated Guided Vehicles
and security bots in Singapore. Our distribution rights are derived from a Diamond Business Partner Agreement effective as of February
1, 2024 with Shanghai Gaoxian through its holding entity Gaussian Robotics Holdings Limited (the “ Distribution Agreement”).
The Distribution Agreement grants to the Company a three-year distribution right to distribute Shanghai Gaoxian’s Ecobot product
line in Singapore, and these distribution rights will automatically renew for additional successive one-year terms unless terminated
by either party.

We
are currently also the authorized Exclusive Distributor of Hangzhou Cape of Good Hope Robots Co., Ltd., a company of the CenoBots Group,
for robotics such as Cenobots L50, an A. I powered scrubber-dryer robot and Cenobots SP50, a spot cleaning robot. Our distribution rights
are effective as of January 26, for a two-year distribution right to in Singapore to December 31, 2025.

Except
as disclosed above, our Directors are of the view that, as of December 31, 2024, our business and profitability are not materially dependent
on any of our suppliers. To the best of our Directors’ knowledge, we are not aware of any information or arrangement which would
lead to a cessation or termination of our current relationship with any of our major suppliers.

As
of the date of this report, none of our Directors or Major Shareholders or their respective associates has any interest, direct or indirect,
in any of our major suppliers.

COMPETITION

We