Company: SPPL
Filing Date: 2025-04-08
Form Type: 20-F
Source: 0001641172-25-003217
Chunk: 115

Company: SIMPPLE LTD.
Filing Date: 2025-04-08
Form: 20-F
Item: Item 16K
Chunk 115
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Item
16K. CYBERSECURITY

Risk
Management and Strategy

We
identify and assess material risks from cybersecurity threats to our information systems and the information residing in our information
systems by monitoring and evaluating our threat environment on an ongoing basis using various methods
We
manage material risks from cybersecurity threats to our information systems and the information residing in our information systems through
various processes and procedures, including, depending on the environment, risk assessment, incident detection and response, vulnerability
management, disaster recovery and business continuity plans, internal controls within our accounting and financial reporting functions,
encryption of data, network security controls, access controls, physical security, asset management, systems monitoring, and employee
training. engage third-party service
We
are not aware of any risks from cybersecurity threats, including as a result of any cybersecurity incidents, which have materially affected
or are reasonably likely to materially affect our Group, including our business strategy, results of operations, or financial condition.
Refer to “ Item 3. Key Information - D. Risk Factors - Risks Relating to Our Business and Industry - Unauthorized
disclosure, destruction or modification of data, through cybersecurity breaches, computer viruses or otherwise or disruption of our services
could expose us to liability, protracted and costly litigation and damage our reputation” and “ Item 3. Key Information - D.
Risk Factors - Risks Relating to Our Business and Industry - We could incur substantial costs as a result of data protection
concerns or IT systems disruption or failure.”

Cybersecurity
Governance

Our
Board of Directors holds oversight responsibility over our Group’s risk management and strategy, including material risks related
to cybersecurity threats. This oversight is executed directly by our board of directors and through its committees. Our audit committee
oversees the management of our Group’s major financial risk exposures, the steps management has taken to monitor and control such
exposures, and the process by which risk assessment and management is undertaken and handled, which would include cybersecurity risks,
in accordance with its charter.
Within
management, the Group’s Chief Financial Officer is primarilyresponsible for assessing and managing our material risks from cybersecurity
threatsand keep the senior executive officers informed on a regular basis of the identification, assessment, and management of cybersecurity
risks and of any cybersecurity incidents.
As
of the date hereof, the Company has not encountered cybersecurity incidents that the company believes to have been material to the Company
taken as a whole.

PART
III