Company: SPPL
Filing Date: 2025-04-08
Form Type: 20-F
Source: 0001641172-25-003217
Chunk: 81

Company: SIMPPLE LTD.
Filing Date: 2025-04-08
Form: 20-F
Item: Item 6
Chunk 81
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ains d’ Or Investments Limited.. The mailing address for Mr. PAT is 130A Hillview
Ave, #09-02 Singapore 669609.

(7)
Mr. SOO Qikai owns 1.33% indirect interest of the outstanding shares of SIMPPLE LTD. As such, Mr. SOO Qikai is deemed to beneficially
own 377,365 Shares held through Mains d’ Or Investments Limited.. The mailing address for Mr. SOO is Blk 336 Bukit Batok St 32,
#03-291 Singapore 650336.

F.
Disclosure of a registrant’s action to recover erroneously awarded compensation.

Clawback
Policy

On
December 1, 2023, our board of directors adopted a clawback policy (the “ Clawback Policy”) permitting the Company to seek
the recoupment of incentive compensation received by any of the Company’s current and former executive officers (as determined
by the board in accordance with Section 10D of the Exchange Act and the Nasdaq rules) and such other senior executives/employees who
may from time to time be deemed subject to the Clawback Policy by the board (collectively, the “ Covered Executives”). The
amount to be recovered will be the excess of the incentive compensation paid to the Covered Executive based on the erroneous data over
the incentive compensation that would have been paid to the Covered Executive had it been based on the restated results, as determined
by the board. If the board cannot determine the amount of excess incentive compensation received by the Covered Executive directly from
the information in the accounting restatement, then it will make its determination based on a reasonable estimate of the effect of the
accounting restatement. Refer to Exhibit 97.1 of this Annual Report for the Company’s Clawback Policy.

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  Table of Contents  

ITEM
7. MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS