Company: MAGH
Filing Date: 2025-03-20
Form Type: DRS/A
Source: 0001641172-25-000048
Chunk: 266

Company: Magnitude International Ltd
Filing Date: 2025-03-20
Form: DRS/A
Chunk 266
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4,535 |   |

| F-77 |

<div align='center'>MAGNITUDE INTERNATIONAL LTD AND ITS SUBSIDIARIES

NOTES TO UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS</div>

| 22. | Significant                                         
 related party transactions and balances (Continued) |

Balances with related parties

|                       |     |     April 
 30,  2024 |     |   October 
 31,  2024 |     |   October 
 31,  2024 |
|:----------------------|:----|----------:|:----|----------:|:----|----------:|
|                       |     |       SGD |     |       SGD |     |       USD |
| Non-trade receivables |     |           |     |           |     |           |
| Shareholders(1)       |     |    85,443 |     |    82,899 |     |    62,660 |
| Director              |     |         - |     |    60,000 |     |    45,351 |
| Non-trade payables    |     |           |     |           |     |           |
| Director(2)           |     |    55,899 |     |     6,305 |     |     4,766 |

(1)Other receivable from shareholders and a director are non-trade in nature, unsecured, non-interest bearing and repayable on demand.

(2)The amount due to a director is non-trade in nature, unsecured, non-interest bearing and repayable on demand.

Compensation of key management personnel

Key management personnel are those persons having the authority and responsibility for planning, directing and controlling the activities of the Group, directly or indirectly, including any directors (whether executive or otherwise) of the Group.

|                            |     | Six months ended October 31, |         |     |        |     |        |
|                            |     |                              |    2023 |     |   2024 |     |   2024 |
|                            |     |                              |     SGD |     |    SGD |     |    USD |
| Salaries and related costs |     |                              |  90,000 |     | 27,000 |     | 20,408 |
| Defined contribution plan  |     |                              |  12,477 |     |  4,590