Company: EZOO
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001493152-25-022083
Chunk: 50

Company: Ezagoo Ltd
Filing Date: 2025-11-13
Form: 10-Q
Item: Item 8
Chunk 50
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 It was rent
deposit to the related party with the lease period ended August 1, 2024.

Related
party I is Beijing Ezagoo Industrial Development Group Holding Limited. Its two main equity owners are related party N and Mr. Xiaohao
Tan with equity of 21.42% and 71.85%, respectively. As of September 30, 2025, and December 31, 2024, related party J advanced $2,036,889
and $ 1,616,016 to the Company as working capital and to pay administrative expenses, which is unsecured, interest-free with no fixed
payment term, for working capital purpose.

    F-12

EZAGOO
LIMITED

NOTES
TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

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

Related
party J is Ruiyin (Shenzhen) Financial Leasing Limited. Ms. Weihong Wan is the Legal Company Representative of related party K. As of
September 30, 2025, and December 31, 2024, related party K advanced $37,918 and $36,989 to the Company as working capital and to pay
administrative expenses, which is unsecured, interest-free with no fixed payment term, for working capital purpose.

Related
party K is Ezagoo B&R (HongKong) Industry Development Group Limited, which is 100% owned by Mr. Xiaohao Tan. As of September 30,
2025, and December 31, 2024, related party L advanced $20,893 and $20,893 to the Company as working capital and to pay administrative
expenses, which is unsecured, interest-free with no fixed payment term, for working capital purpose.

Related
party L is Hunan Ezagoo Film Co., Limited, which 85% of its equity is owned by Mr. Xiaohao Tan. As of September 30, 2025, and December
31, 2024, the Company has $335,727 and $327,505 previous years’ advertising production cost payable to related party M, which is
unsecured, interest-free with no fixed payment term.

Related
party M is Hunan Wancheng Xingyi Industrial Development Co., Limited, which is 100% owned by Mr. Xiaohao Tan. As of September