Company: GCL
Filing Date: 2025-09-04
Form Type: F-1
Source: 0001213900-25-084489
Chunk: 288

Company: GCL Global Holdings Ltd
Filing Date: 2025-09-04
Form: F-1
Chunk 288
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                       |     | $               |            |     | $ |            |
| United States Dollars |     |                 | 13,190,531 |     |   |  9,101,074 |
| Malaysian Ringgit     |     |                 |     91,461 |     |   |  1,721,054 |
| Thai Baht             |     |                 |     10,456 |     |   |      6,667 |
|                       |     |                 | 13,292,448 |     |   | 10,828,795 |

| 10. | Other payables and accrued liabilities |

|                            |     | As of March 31, |      2025 |     |   |      2024 |
|:---------------------------|:----|:----------------|----------:|:----|:--|----------:|
|                            |     | $               |           |     | $ |           |
| Other payables             |     |                 | 2,377,528 |     |   | 3,479,363 |
| Refund liability           |     |                 |   586,416 |     |   |   490,600 |
| Accrued operating expenses |     |                 | 2,381,278 |     |   | 2,489,382 |
|                            |     |                 | 5,345,222 |     |   | 6,459,345 |

Other payables include advances from suppliers for support of future programs. F-80 BAN LEONG TECHNOLOGIES LIMITED NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Amounts in Singapore dollars (“$”)

| 11. | Leases |

Lessee Accounting The Company has lease contracts for certain office and warehouse premises, motor vehicles and office equipment used in its operations. The Company’s obligations under its leases are secured by the lessor’s title to the leased assets. Generally, the Company is restricted from assigning and subleasing the leased assets. There are several lease contracts that include extension and termination options and variable lease payments.

|                               |     |                                     | Classification | For the year ended March 31, |      2025 |     |   |      2024 |
|:------------------------------|:----|:------------------------------------|:---------------|:-----------------------------|----------:|:----|:--|----------:|
|                               |     |                                     |                | $                            |           |