Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 352

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 352
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2024,
the Company recorded $ and $ share-based compensation expense, respectively which is included in the personal and benefit
expenses and legal and professional fee, respectively in the unaudited condensed consolidated statements of operations and comprehensive
loss.

During the nine months ended September 30, 2024, the Company recorded
$ and $ share-based compensation expense, respectively which is included in the personal and benefit expenses in the unaudited
condensed consolidated statements of operations and comprehensive loss.

<div align='center'>F-35

TRILLER GROUP INC.

(Formerly AGBA Group Holding Limited)

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2024 AND 2023

(Currency expressed in United States Dollars (“US$”),
except for number of shares)</div>

NOTE 15 — OPERATING EXPENSES

Commission Expense

Pursuant to the terms of respective contracts,
commission expense represents certain premiums from insurance or investment products paid to agents. Commission rates vary by market due
to local practice, competition, and regulations. The Company charged commission expense on a systematic basis that is consistent with
the revenue recognition.

During the three months ended September 30, 2024
and 2023, the Company recorded $ and $ commission expenses, respectively.

During the nine months ended September 30, 2024
and 2023, the Company recorded $ and $ commission expenses, respectively.

Personnel and Benefit Expense

Personnel and benefit expense mainly consisted
of salaries and bonus paid and payable to the employees of the Company.

During the three months ended September 30, 2024 and 2023, the Company
recorded $ and $ personnel and benefit expense, respectively.

During the nine months ended September 30, 2024 and 2023, the Company
recorded $ and $ personnel and benefit expense, respectively.

Legal and Professional Fees

Legal and professional fees mainly consisted of
certain professional consulting services in legal, audit, accounting and taxation, and others.

During the three months ended September 30, 2024 and 2023, the Company
recorded $ and $ legal and professional fees, respectively.

During the nine months ended September 30, 2024 and 2023, the Company
recorded $ and $ legal and professional fees, respectively.

Other General and Administrative Expenses

The Company incurred different types