Company: GCL
Filing Date: 2025-08-27
Form Type: DRS
Source: 0001213900-25-080905
Chunk: 221

Company: GCL Global Holdings Ltd
Filing Date: 2025-08-27
Form: DRS
Chunk 221
---
5 |     |      |  4.413 |
| Period-end RMB: US$1 exchange rate     |     |                                         | 7.2567 |     |      |      - |     |      |      - |
| Period-end BRL: US$1 exchange rate     |     |                                         | 5.7405 |     |      |      - |     |      |      - |
| Period-end AED: US$1 exchange rate     |     |                                         | 3.6730 |     |      |      - |     |      |      - |
| Period-average SGD: US$1 exchange rate |     |                                         | 1.3380 |     |      | 1.3447 |     |      | 1.3739 |
| Period-average HKD: US$1 exchange rate |     |                                         | 7.7930 |     |      | 7.8246 |     |      | 7.8389 |
| Period-average MYR: US$1 exchange rate |     |                                         | 4.5067 |     |      | 4.6409 |     |      | 4.4467 |
| Period-average RMB: US$1 exchange rate |     |                                         | 7.2163 |     |      |      - |     |      |      - |
| Period-average BRL: US$1 exchange rate |     |                                         | 5.6071 |     |      |      - |     |      |      - |
| Period-average AED: US$1 exchange rate |     |                                         | 3.6729 |     |      |      - |     |      |      - |

The Company accounts for
its business combinations using the acquisition method of accounting in accordance with ASC 805 “Business Combinations.”
The cost of an acquisition is measured as the aggregate of the acquisition date fair value of the assets transferred to the sellers and
liabilities incurred by the Company and equity instruments issued. Transaction costs directly attributable to the acquisition are expensed
as incurred. Identifiable assets and liabilities acquired or assumed are measured separately at their fair values as of the acquisition
date, irrespective of the extent of any non-controlling interests. The excess of (i) the total costs of acquisition, fair value
of the non-controlling interests and acquisition date fair value of any previously held equity interest in the acquiree over (ii) the
fair value of the identifiable net