Company: ARBB
Filing Date: 2025-10-31
Form Type: 20-F
Source: 0001213900-25-104705
Chunk: 10

Company: ARB IOT Group Ltd
Filing Date: 2025-10-31
Form: 20-F
Item: Item 3
Chunk 10
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will continue to be derived from a small number of customers and that the percentage of revenues represented by these customers may increase.
As a result, changes in the strategies of our largest customers or in their operating environments may reduce our revenues, as a result
of customers modifying their sales, pricing, or spending practices. The loss of such sales could have an adverse effect on our business,
financial condition and results of operations.

All of our projects
have agreed milestones and specific completion dates. If we fail to meet these contractual commitments, we could be subject to financial
penalties or claims for liquidated damages, which could adversely affect our business, operating results, financial condition and prospects.

All of our projects have
agreed milestones and specific completion dates. There is a risk that we may encounter delays in completing our projects or meeting agreed
milestones. Failure to complete our projects on time or meet agreed milestones may subject us to financial penalties and claims arising
for liquidated damages by our customers. Any extended service delays could adversely affect our reputation, ability to attract new customers
and retain existing customers, revenue, and operating results.

We depend on third-party
providers and suppliers for components of our IoT smart building and engineering and IoT smart agriculture and system development. Any
failure or interruption in products or services provided by these third parties could harm our ability to operate our business.

We source a variety of hardware and software from
third party suppliers for our IoT smart building and engineering and IoT smart agriculture and system development. As a result, our ability
to implement IoT solutions for customers depends on third parties providing us with timely and reliable products and services at acceptable
prices.

We rely on third-party software for key automation
features in certain of our offerings and on the interoperation of that software with our own, such as our mobile applications and related
platform. We could experience service disruptions if customer usage patterns for such offerings exceed, or are otherwise outside of,
design parameters for the system and the ability for us or our third-party provider to make corrections. Such interruptions in the provision
of services could result in our inability to meet customer demand, damage our reputation and customer relationships, and materially and
adversely affect our business. Because a number of our products and services incorporate technology developed and maintained by third
parties, we are, to a certain extent, dependent upon such third parties’ ability to update, maintain, or enhance their current
products and services; and to ensure that their products are free of defects or security vulnerabilities. If our agreements