Company: NUTR
Filing Date: 2025-03-25
Form Type: CORRESP
Source: 0001641172-25-000449
Chunk: 208

Company: NUSATRIP Inc
Filing Date: 2025-03-25
Form: CORRESP
Chunk 208
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respective tax regime.

| F-25 |

<div align='center'>NUSATRIP INCORPORATED
NOTES TO CARVE-OUT COMBINED AND CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED DECEMBER 31, 2024 AND 2023
(Currency expressed in United States Dollars (“US$”))</div>

NOTE 11 12— PENSION COSTS

The Company’s subsidiaries are required to make
contributions to their employees under a government-mandated defined contribution pension scheme for its eligible full-times employees
locally employed. The Company is required to contribute a specified percentage of the participants’ relevant income based on their
ages and wages level. During the years ended December 31, 20232024 and 2022,2023, $85,315 and $114,880 and $39,094contributions were made, accordinglyrespectively.

<div align='center'>NUSATRIP INCORPORATED
NOTES TO CARVE-OUT COMBINED AND CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED DECEMBER 31, 2023 AND 2022
(Currency expressed in United States Dollars (“US$”))</div>

NOTE 12 13— RELATED PARTY TRANSACTIONS

From time to time, shareholder of the Company advanced
funds to the Company for working capital purposes. Those advances are unsecured, non-interest bearing and due on demand.

The Company has no other significant or material related
party transactions during the years presented except for the audit fee borne by Society Pass Inc amounted to $0 and $125,000 for
the yearyears ended December 31, 2024 and2023 and there was no audit fee being allocated for the year ended December 31, 2022respectively.

NOTE 13 14— CONCENTRATIONS OF RISK

The Company is exposed to the following concentrations
of risk:

(a) Major customers

For the year ended December 31, 2024, the Company had a single customer that constituted 22.94% of its revenue, with accounts receivable of $0 at the year-end.

For theyearsyear ended
December 31, 2023 and 2022, the Company had a single customer that constituted 16.40% and 30.30%of
its revenues, with accounts receivable of $0 and $0at the year-end.

(b