Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 320

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 320
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 Business      |     |                  | Investment Holding         |     |                     | Managing an ensemble of fintech investments.                                                                                                                                                                                                                                                                      |
| Healthcare Business   |     |                  | Investment Holding         |     |                     | Managing an ensemble of healthcare-related investments.                                                                                                                                                                                                                                                           |

<div align='center'>F-16

TRILLER GROUP INC.

(Formerly AGBA Group Holding Limited)

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2024 AND 2023

(Currency expressed in United States Dollars (“US$”),
except for number of shares)</div>

All of the Company’s revenues were generated
in Hong Kong for the three and nine months ended September 30, 2024 and 2023 and all of the Company’s long-lived assets were located
in Hong Kong as of September 30, 2024 and December 31, 2023.

| ● | Leases |

Under ASU 2016-02, Leases (Topic 842) (“Topic
842”), leases are categorized as operating or financing lease at inception. Lease assets represent the right to use an underlying
asset for the lease term, and lease liabilities represent the obligation to make lease payments arising from the lease. Lease terms include
options to renew or terminate the lease when it is reasonably certain that the Company will exercise such options. The Company has recognized
right of use (“ROU”) assets and corresponding lease liabilities on the Company’s condensed consolidated balance sheets
for its operating lease agreements with contractual terms greater than 12 months. Lease liabilities are based on the present value of
remaining lease payments over the lease term. As the discount rate implied in the Company’s leases is not readily determinable,
the present value is calculated using the Company’s incremental borrowing rate, which is estimated to approximate the interest rate
on a collateralized basis with similar terms.

Leases with a term of twelve months or less upon
the commencement date are considered short-term leases, are not included on the condensed consolidated balance sheets and are expensed
on a straight-line basis over the lease term.

| ● | Related 
 Parties |

The Company follows the ASC Topic 850-10, “Related Party” (“ASC 850”) for the identification of related parties and disclosure of related party transactions.

Pursuant to ASC 850, the related parties include:
a) affiliates of the Company; b)