Company: OTSA
Filing Date: 2025-05-23
Form Type: DRS/A
Source: 0001213900-25-047247
Chunk: 270

Company: OTSAW Ltd
Filing Date: 2025-05-23
Form: DRS/A
Chunk 270
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itle the holder thereof to one (1) vote on all matters subject to vote at general meetings of the Company, and each Class B Ordinary Share shall entitle the holder thereof to that number of votes equal to sixty (60) percent of the total number of Class A Ordinary Shares and Class B Ordinary Shares outstanding as at the record date for determining those Shareholders that are entitled to vote at the general meetings of the Company. Each Class A Ordinary Share shall confer upon the holder thereof the right to receive dividends as provided for in these Articles. Class B Ordinary Shares do not confer upon the holders thereof any rights to receive dividends. On a winding up of the Company, each Class A Ordinary Share shall confer upon the holder thereof the right to repayment of capital in accordance with these Articles and the right to participate in the profits or surplus assets of the Company in accordance with these Articles; and (b) each Class B Ordinary Share shall confer upon the holder thereof the right to repayment of capital in accordance with these Articles but shall confer no other right to participate in the profits or surplus assets of the Company.

F-6

OTSAW LIMITED AND ITS SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
FOR THE FINANCIAL YEAR ENDED 30 APRIL 2024

|                                                                 |     | Note |     |       2024 |   |     |       2023 |   |
|                                                                 |     |      |     |        USD |   |     |        USD |   |
| Operating activities                                            |     |      |     |            |   |     |            |   |
| Loss before income tax                                          |     |      |     | (6,458,189 | ) |     | (6,707,011 | ) |
| Adjustments for:                                                |     |      |     |            |   |     |            |   |
| Amortization of intangible assets                               |     |   11 |     |    720,406 |   |     |    850,903 |   |
| Intangible Asset written off                                    |     |      |     |     37,608 |   |     |          — |   |
| Depreciation on property, plant and equipment                   |     |   10 |     |    661,992 |   |     |    639,259 |   |
| Loss on disposal of property, plant and equipment               |     |      |     |     75,887