Company: ARBB
Filing Date: 2025-10-31
Form Type: 20-F
Source: 0001213900-25-104705
Chunk: 90

Company: ARB IOT Group Ltd
Filing Date: 2025-10-31
Form: 20-F
Item: Item 7
Chunk 90
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 ordinary shares at the time of such transaction, or any members of their immediate family,
that had or will have a direct or indirect material interest, other than compensation arrangements, which are described under “ Item
6. Directors, Senior Management and Employees - B. Compensation” and “ Item 6. Directors, Senior Management and Employees - C.
Board Practices.”

For the year ended June
30, 2025 and 2024, the Company leased space in an office building from a related party, VNH One Sdn. Bhd., a company with Liew Kok Leong
as a director on its board. This incurred expenses of RM0.1 million ($0.03 million) for each respective year.

On July 15, 2024, the
Company entered into a Service Agreement with ARB IOT Limited, a Cayman Islands exempted company that directly held approximately 28.38%
of the Company’s issued and outstanding ordinary shares until June 9, 2025 (“ AIL”). Pursuant to the agreement, the Company
agreed to provide platform as a service to AIL. The duration of the agreement is five (5) years, commencing from July 15, 2024. The subscription
service fee payable to the Company is $7.0 million per year. On March 5, 2025, the Company received a termination letter from AIL stating
that due to a strategic change in its business direction and operational priorities, AIL had decided to terminate the Agreement, effective
March 6, 2025 in accordance to the termination provisions of the Agreement.

On August 1, 2025, Ukay
One, an entity controlled by our Chief Executive Officer and Chairman, Liew Kok Leong, and his wife, acquired 86,288 ordinary shares on
the open market using its personal funds at market price. On August 4, 2025, Ukay One acquired an additional 54,395 ordinary shares on
the open market using its personal funds at market price. On August 5, 2025, Ukay One acquired an additional 77,786 ordinary shares on
the open market using its personal funds at market price.

We do not currently expect
to enter into any additional agreements or other transactions with any of our directors, officers or other affiliates. Any transactions
with directors, officers or other affiliates will be subject to the requirements of Sarbanes-Oxley and SEC rules and regulations.

Related Party Transaction