Company: GCL
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001213900-25-069672
Chunk: 131

Company: GCL Global Holdings Ltd
Filing Date: 2025-07-31
Form: 20-F
Item: Item 6
Chunk 131
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 Management and Administration            20  
  Total                                   172  

GCL Group seeks to hire and develop employees who
are dedicated to our strategic mission. Over the next twelve months, we intend to continue to hire a significant number of additional
personnel across a variety of functions including, but not limited to, sales and marketing, research and development, content design and
creation, video production, and operations to support of our anticipated growth.

We are committed to maintaining equitable compensation
programs including equity participation. We offer market-competitive salaries aimed at attracting and retaining team members capable of
making exceptional contributions to our success. Our compensation decisions are guided by the external market, role criticality, and the
contributions of each team member.

To date, we have not experienced any work stoppages
and we consider our relationship with our employees to be good. None of our employees are either represented by a labor union or subject
to a collective bargaining agreement.

E. Share Ownership

Ownership of our shares
by our directors and executive officers is set forth in “ Item 7. Major Shareholders and Related Party Transactions - A.
Major Shareholders” of this Report.

ITEM 7. MAJOR SHAREHOLDERS AND RELATED PARTY
TRANSACTIONS

A. Major Shareholders

The following table sets
forth information regarding the beneficial ownership of our ordinary shares as of the date of this Report by:

  each                                                                                      

  each                                

  all                                     

Beneficial ownership is determined
in accordance with the rules of the SEC and includes voting or investment power with respect to, or the power to receive the economic
benefit of ownership of, the securities. In computing the number of shares beneficially owned by a person and the percentage ownership
of that person, shares that the person has the right to acquire within 60 days are included, including through the exercise of any option
or other right or the conversion of any other security. However, these shares are not included in the computation of the percentage ownership
of any other person.

The calculations in the table
below are based on 126,318,225 ordinary shares issued and outstanding as of the date of this Report.

  Name and Address of Beneficial Owner                                                           
  Five Percent or Greater Holders:                                                               
 ─────────────────────────────────────────────────────────────────────────────────────────────────
  Epicsoft Ventures Ltd. (1)                                               80,581,793      63.8  
  Sega Corporation (2)                                                     8,001,