Company: GCL
Filing Date: 2025-08-27
Form Type: DRS
Source: 0001213900-25-080905
Chunk: 272

Company: GCL Global Holdings Ltd
Filing Date: 2025-08-27
Form: DRS
Chunk 272
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% |     | Personal Guarantee by Choo See Wee, the Chairman of the Company. Collateral by 
 fixed deposit in bank                                                          |     |           |  6,015,053 |     |           | 5,395,568 |
| HSBC Loan*                   |     | March 2025 to February 2027 |     |          | 6.33%     |     | Personal Guarantee by Choo See Wee, the Chairman of the Company.               |     |           |  2,875,000 |     |           |         - |
| DBS Bank Ltd                 |     | May 2027                    |     |          | 6.9%      |     | Personal Guarantee by Choo See Wee, the Chairman of the                        
 Company, and Tan Jian Hao, the CEO of Titan Digital                            |     |           |     82,810 |     |           |         - |
| Total                        |     |                             |     |          |           |     |                                                                                |     | $         | 11,921,224 |     | $         | 9,020,817 |
| Bank Loans, current          |     |                             |     |          |           |     |                                                                                |     | $         | 10,500,085 |     | $         | 8,812,807 |
| Bank Loans, non-current      |     |                             |     |          |           |     |                                                                                |     | $         |  1,421,139 |     | $         |   208,010 |

| * | From March 2025 to the date of the issuance of these consolidated financial                                                         
 statements, the Company obtained long term bank loans from HSBC Bank for an aggregate total of approximately $2.9 million to be due 
 from March 2027. These bank loans bear interest rates per annum 6.33%.                                                              |

The
interest expense pertained to above banking facilities for the years ended March 31, 2025,
2024, and 2023 were $518,770, $460,628 and $191,155, respectively. The weighted-average interest
rate pertaining to above mentioned bank loans were 6.2%, 7.1% and 6.0%, respectively, for
the years ended March 31, 2025, 2024, and 2023, respectively.

<div align='center'>F-40

GCL GLOBAL HOLDINGS LTD