Company: GCL
Filing Date: 2025-08-27
Form Type: DRS
Source: 0001213900-25-080905
Chunk: 308

Company: GCL Global Holdings Ltd
Filing Date: 2025-08-27
Form: DRS
Chunk 308
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 |     |   | (3,031,682 | ) |
| Increase in cash and cash equivalents                                            |     |     |      |     |                              |  2,705,912 |   |     |   |    276,860 |   |
| Effects of exchange rate changes on cash and cash equivalents                    |     |     |      |     |                              |    278,692 |   |     |   |   (213,282 | ) |
| Cash and cash equivalents, beginning of the year                                 |     |     |      |     |                              | 18,068,999 |   |     |   | 18,005,421 |   |
| Cash and cash equivalents, end of the year                                       |     |     |    3 |     |                              | 21,053,603 |   |     |   | 18,068,999 |   |
| Supplemental cash flow disclosures:                                              |     |     |      |     |                              |            |   |     |   |            |   |
| Cash paid for income taxes                                                       |     |     |      |     |                              |  1,144,964 |   |     |   |    950,564 |   |
| Cash paid for interest                                                           |     |     |      |     |                              |    115,958 |   |     |   |     79,240 |   |

<div align='center'>The accompanying notes are an integral part of the consolidated financial statements.

F-66

BAN LEONG TECHNOLOGIES LIMITED

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(Amounts in Singapore dollars (“$”)</div>

| 1. | Organization |

Ban Leong Technologies Limited
(the “Company”) is a limited liability company which is domiciled and incorporated in Singapore and is listed on the
Mainboard of Singapore Exchange Securities Trading Limited (“SGX-ST”).

The Company is principally engaged in
the wholesale and distribution of computer peripherals, accessories and other multimedia products.

As of March 31, 2025, the Company’s
subsidiaries are as follows:

| Name                                 
 Digital Hub Pte. Ltd.                |     | Date of establishment 
 March 20, 2003        |     | Place of establishment 
 Singapore              |     | Percentage of equity interest attributable to 
 the Company                                   
 100%                                          |     | Principal activities                                 
 Distribution of computer peripherals and accessories |