Company: GCL
Filing Date: 2025-03-17
Form Type: DRS
Source: 0001213900-25-024502
Chunk: 352

Company: GCL Global Holdings Ltd
Filing Date: 2025-03-17
Form: DRS
Chunk 352
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            |         |
| Amortization of leased asset  |     | General and administrative          |     |                                        |  56,246 |     |            |  19,628 |
| Interest on lease liabilities |     | Interest expenses on finance leases |     |                                        |   6,137 |     |            |   2,516 |
| Total lease expenses          |     |                                     |     |                                      $ | 541,046 |     |          $ | 252,071 |

Weighted-average remaining term and discount
rate related to leases were as follows:

|                                 |     | As of         
 September 30, 
 2024          |     | As of     
 March 31, 
 2024      |
|:--------------------------------|:----|:--------------|:----|:----------|
|                                 |     | -Unaudited    |     |           |
| Weighted-average remaining term |     |               |     |           |
| Operating lease                 |     | 1.3 years     |     | 1.6 years |
| Finance leases                  |     | 3.9 years     |     | 4.4 years |
| Weighted-average discount rate  |     |               |     |           |
| Operating lease                 |     | 4.6 %         |     | 4.9%      |
| Finance leases                  |     | 4.6 %         |     | 4.5%      |

<div align='center'>F-92

GCL GLOBAL LIMITED AND ITS SUBSIDIARIES

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS</div>

The following table sets forth the Company’s
minimum lease payments in future periods:

|                                                 |     | Operating lease 
 payments        |         |   |     | Finance lease 
 payments      |         |   |     | Total |           |   |
|:------------------------------------------------|:----|:----------------|--------:|:--|:----|:--------------|--------:|:--|:----|:------|----------:|:--|
| Twelve months ending September 30, 2025         |     | $               | 707,413 |   |     | $             |  84,266 |   |     | $     |   791,679 |   |
| Twelve months ending September 30, 2026         |     |                 | 247,817 |