Company: GCL
Filing Date: 2025-09-05
Form Type: F-1/A
Source: 0001213900-25-085150
Chunk: 264

Company: GCL Global Holdings Ltd
Filing Date: 2025-09-05
Form: F-1/A
Chunk 264
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 Ended March 31, |           |     |      |         |     |      |         |
|                               |     | Classification                      |     |                          2025 |           |     | 2024 |         |     | 2023 |         |
| Operating lease cost          |     |                                     |     |                               |           |     |      |         |     |      |         |
| Lease expenses                |     | General and administrative          |     |                               |   879,255 |     |      | 866,481 |     |      | 675,655 |
| Finance lease cost            |     |                                     |     |                               |           |     |      |         |     |      |         |
| Amortization of leased asset  |     | General and administrative          |     |                               |   113,207 |     |      |  43,900 |     |      |  26,556 |
| Interest on lease liabilities |     | Interest expenses on finance leases |     |                               |    11,663 |     |      |   4,234 |     |      |   3,389 |
| Total lease expenses          |     |                                     |     |                             $ | 1,004,125 |     |    $ | 914,615 |     |    $ | 705,600 |

Weighted-average remaining term and discount
rate related to leases were as follows:

|                                 |     | As of     
 March 31, 
 2025      |           |   |     | As of     
 March 31, 
 2024      |           |   |     | As of     
 March 31, 
 2023      |           |   |
|:--------------------------------|:----|:----------|----------:|:--|:----|:----------|----------:|:--|:----|:----------|----------:|:--|
| Weighted-average remaining term |     |           |           |   |     |           |           |   |     |           |           |   |
| Operating lease                 |     |           | 1.1 years |   |     |           | 1.6 years |   |     |           | 1.9 years |   |
| Finance leases                  |     |           | 3.5 years |   |     |           | 4.4 years |   |     |           | 4.0 years |   |
| Weight