Company: KNRX
Filing Date: 2025-09-22
Form Type: F-1/A
Source: 0001493152-25-014499
Chunk: 110

Company: KNOREX LTD.
Filing Date: 2025-09-22
Form: F-1/A
Chunk 110
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 of our invoice if there is any disagreement,      
 otherwise, all undisputed amounts are non- refundable and due for payment;                                                           |
| ● | Terms.                                                                                                                               
 Our agreement with our largest customer commenced on December 29, 2020 and has been renewed on a twelve-month term each round        
 since then;                                                                                                                          |
| ● | Termination.                                                                                                                         
 Either us or the customer can terminate the master agreement by providing at least one hundred and eighty (180) days of prior        
 written notice, or if either party is unable to cure a breach of our agreement within sixty (60) days of written notice to the other 
 party.                                                                                                                               |

Our customers are based in different countries, which include the United States, Singapore, and elsewhere (including Canada, India, Malaysia, Thailand, and South Africa). The following is a breakdown of our revenue by country:

|                                 |     | Year               
 ended December 31, | 2024 |   |     |     | 2023 |   |
|:--------------------------------|:----|:-------------------|-----:|:--|:----|:----|-----:|:--|
| Percentage                      
 of revenue generated by country |     |                    |      |   |     |     |      |   |
| United                          
 States                          |     |                    | 96.3 | % |     |     | 96.8 | % |
| Singapore                       |     |                    |  3.7 | % |     |     |  2.9 | % |
| elsewhere                       |     |                    |  0.0 | % |     |     |  0.3 | % |

Our Suppliers

Our suppliers include
providers of advertising inventory, data and technology, which enable us to provide our platform services. Advertising inventory
suppliers are like advertising exchanges or advertising networks that provide matching of our advertisement purchase requests to media
publishers or media owners. These suppliers may sell overlapping inventory or unique inventory, in which case we will have to
build strong partnerships and relationships with them. Further, some of these suppliers may require us to undergo various certifications
set by them before allowing us to connect to their inventory and audience. We will have to continue to explore to assess and connect
with suitable, reputable, and differentiated suppliers. For third-party data suppliers or marketplaces, they supply myriad audience
for use in effective targeted advertising and reduce wastage. There are large number of such providers worldwide with a wide