Company: GCL
Filing Date: 2025-09-09
Form Type: 424B3
Source: 0001213900-25-086274
Chunk: 175

Company: GCL Global Holdings Ltd
Filing Date: 2025-09-09
Form: 424B3
Chunk 175
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 been a member of the Institute of Singapore
Chartered Accountants since 2013.

Family Relationships

Ms. Catherine Choo See Ling,
one of our directors, and Mr. Jacky Choo See Wee, our Group Chairman, are siblings.

Compensation

The aggregate cash compensation
paid to our directors and executive officers (including individuals who are no longer with GCL Group at the time of the report) during
fiscal year 2025 was approximately $1.9 million. Neither the Company nor the compensation committee of the Board has engaged a compensation
consultant to determine or recommend the amount or form of executive or director compensation.

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During the fiscal year ended
March 31, 2025, Mr. Choo See Wee received from the Company, in addition to his executive compensation as the Chief Executive Officer
of Epicsoft Asia and 4Divinitiy, approximately $112,000 in director’s fees, and an aggregate of approximately $170,300 of rent,
representing 50% of the rent payments for a property in Singapore which served as Mr. Choo’s office as well as residence. In addition,
the Company leased a company car for Mr. Choo, and paid an aggregate of approximately $50,000 in lease payments for such vehicle during
the fiscal year of 2025.

Our full-time employees
of the Company are entitled to the government mandated defined contribution plan. The Company is required to accrue and pay for these
benefits based on certain percentages of the employees’ respective salaries, subject to certain ceilings, in accordance with the
relevant government regulations, and make cash contributions to the government mandated defined contribution plan.

Board Practices

We are a foreign private
issuer within the meaning of the rules under the Exchange Act and, as such, we are permitted to follow the corporate governance practices
of its home country, the Cayman Islands, in lieu of the corporate governance standards of Nasdaq applicable to U.S. domestic companies.
For example, we are not required to have a majority of the board consisting of independent directors nor have a compensation committee
or a nominating and corporate governance committee consisting entirely of independent directors. We may elect to follow home country’s
corporate governance practices as long as we remain a foreign private issuer. As a result, our shareholders may not have the same protection
afforded to shareholders of U.S. domestic companies that are subject to Nasdaq corporate governance requirements. As a foreign private