Company: SPPL
Filing Date: 2025-04-08
Form Type: 20-F
Source: 0001641172-25-003217
Chunk: 54

Company: SIMPPLE LTD.
Filing Date: 2025-04-08
Form: 20-F
Item: Item 4
Chunk 54
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/08/09, Singapore 139951, where we lease approximately 2,959 square feet
of office space. We also further leased offices at 71 Ayer Rajah Crescent #03-06, Singapore where we lease approximately 976 square feet
of office space. Our offices are leased under two leases which both expire on November 2, 2025. As the office lease is expected to expire
on November 2, 2025, the Company had looked for and signed a new lease agreement at BCA Academy, 200 Braddell Road - Block G with
approximately 9.149 square feet. This new office facility is part of the broader expansion strategy. We believe that our new facilities
are adequate to meet our needs for the immediate future.

EMPLOYEES

As
of the date of this Report, our Group had a workforce of 35 full-time employees, most of whom are located within our offices at 71 Ayer
Rajah Crescent in Singapore or who work in Australia.

LEGAL
PROCEEDINGS

To
our knowledge, we are not a party to any legal or governmental proceedings (including any pending or known to be contemplated) which
may have a material adverse effect on our business, financial condition, or results of operations.

LICENSES

As
of the date of this report, our Group does not hold any approvals or permissions from any governmental authority to conduct its business
operations (collectively, “ Licenses”) and we are not required to obtain any such Licenses as of the date of this report.
We may be required under the relevant laws and regulations of Singapore to hold certain Licenses in order to conduct our business operations
in the future.

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  Table of Contents  

Regulations

As
our material business operations are conducted in Singapore, we are subject to the relevant laws and regulations of Singapore and may
be affected by policies which may be introduced by the Singaporean government from time to time. We have identified the main laws and
regulations (apart from those pertaining to general business requirements) that materially affect our operations below. However, we believe
that we comply with all these laws and regulations, and therefore none of them have materially affected the Company or operations in
the past.

As
of the date of this Report, our Directors believe that we are not in breach of any laws or regulations applicable to our business operations
that would materially affect our business operations, and our Group is in compliance with all the applicable