Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 350

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 350
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 in the unaudited condensed consolidated statements of operations and comprehensive loss.

During the nine months ended September 30, 2024
and 2023, the Company recorded $ and nil share-based compensation expense, respectively which is included in the personnel and
benefit expenses in the unaudited condensed consolidated statements of operations and comprehensive loss.

<div align='center'>F-34

TRILLER GROUP INC.

(Formerly AGBA Group Holding Limited)

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2024 AND 2023

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

Restricted Share Units (“RSUs”)

In December 2022, the Company approved and granted
shares of common stock as RSUs to employees and consultants as additional compensation under the Scheme. These RSUs typically
will be vested over to period from 2023 to 2026.

For the RSUs, the fair value is recognized over
the period based on the derived service period (usually the vesting period), on a straight-line basis. The valuations assume no dividends
will be paid. The Company has assumed % forfeitures.

On January 22, 2024 and June 18, 2024, the Company
issued and shares of common stock, respectively, to the directors and officers of the Company under the Scheme, whose shares
were vested in 2023.

During the three months ended September 30, 2024
and 2023, the Company recorded $ and $ share-based compensation expense, respectively which is included in the personal
and benefit expenses in the unaudited condensed consolidated statements of operations and comprehensive loss.

During the nine months ended September 30, 2024
and 2023, the Company recorded $ and $ share-based compensation expense, respectively which is included in the personal
and benefit expenses in the unaudited condensed consolidated statements of operations and comprehensive loss.

As of September 30, 2024 and December 31, 2023,
total unrecognized compensation remaining to be recognized in future periods for RSUs totaled $ million and $ million, respectively.
They are expected to be recognized over the weighted average period of years.

|                                       |     | As of     | September 30, 2024 |   |     |             |       |   |     |           | December