Company: GCL
Filing Date: 2025-08-27
Form Type: DRS
Source: 0001213900-25-080905
Chunk: 303

Company: GCL Global Holdings Ltd
Filing Date: 2025-08-27
Form: DRS
Chunk 303
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 standards are further described in the
Auditor’s Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of
the Company to meet our other ethical responsibilities in accordance with the relevant ethical requirements relating to our audits. We
believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Responsibilities of Management for the Financial Statements

Management is responsible for the preparation
and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States of
America, and for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of
financial statements that are free of material misstatement, whether due to fraud or error.

In preparing the financial statements, management
is required to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the Company’s
ability to continue as a going concern for one year after the date that the financial statements are available to be issued.

<div align='center'>F-61

BAN LEONG TECHNOLOGIES LIMITED

Report of Independent Auditors (continued)</div>

Auditor’s Responsibilities for the Audit of the Financial Statements

Our objectives are to obtain reasonable assurance
about whether the financial statements as a whole are free of material misstatement, whether due to fraud or error, and to issue an auditor’s
report that includes our opinion. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not
a guarantee that an audit conducted in accordance with GAAS will always detect a material misstatement when it exists. The risk of not
detecting material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery,
intentional omissions, misrepresentations, or the override of internal control. Misstatements are considered material if there is a substantial
likelihood that, individually or in the aggregate, they would influence the judgment made by a reasonable user based on the financial
statements.

In performing an audit in accordance with GAAS,
we:

| ● | Exercise professional judgment and maintain professional skepticism throughout the audit. |

| ● | Identify and assess the risks of material misstatement of the financial statements, whether due to fraud                                  
 or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence 
 regarding the amounts and disclosures in the financial statements.                                                                        |

| ● | Obtain an understanding of internal control