Company: KNRX
Filing Date: 2025-01-15
Form Type: F-1/A
Source: 0001493152-25-002249
Chunk: 116

Company: KNOREX LTD.
Filing Date: 2025-01-15
Form: F-1/A
Chunk 116
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Our Suppliers

Our suppliers include
providers of advertising inventory, data and technology, which enable us to provide our platform services. Advertising inventory
suppliers are like advertising exchanges or advertising networks that provide matching of our advertisement purchase requests to media
publishers or media owners. These suppliers may sell overlapping inventory or unique inventory, in which case we will have to
build strong partnerships and relationships with them. Further, some of these suppliers may require us to undergo various certifications
set by them before allowing us to connect to their inventory and audience. We will have to continue to explore to assess and connect
with suitable, reputable, and differentiated suppliers. For third-party data suppliers or marketplaces, they supply myriad audience
for use in effective targeted advertising and reduce wastage. There are large number of such providers worldwide with a wide margin
of efficacy. We have invested significant resources in evaluating select providers and work closely with such qualified data providers,
while we continue to carefully assess and onboard new ones. For technology providers, these are suppliers for measurements of viewability,
anti-ad-fraud, privacy opt-out, and other highly specialized providers. Some of these suppliers are highly unique with limited competitors,
and maybe challenging to easily find on-par replacements.

We also work with multiple
cloud suppliers to power our XPO cloud platform. These cloud suppliers offer a wide range of capabilities and services. We tap
on multiple suppliers to spread our risks across them, another reason is also to leverage on certain unique strengths of theirs
which could offer significant cost and efficiency advantages. We typically enter into a master agreement with a supplier supplemented by a purchase order at each purchase.

Material terms of our agreements with major suppliers include the following:

| ● | Supplier                                                                                                                                  
 provides services such as facilitation of advertising transactions to us.                                                                 |
| ● | Invoicing                                                                                                                                 
 and payment arrangements are set forth in purchase orders                                                                                 |
| ● | We                                                                                                                                        
 agree to protect the supplier’s intellectual property rights and abide by our confidentiality obligations; and                            |
| ● | Each                                                                                                                                      
 supplier agreement is effective from the effective date until the purchase orders have terminated. Each party may terminate the agreement 
 or any purchase order immediately if the other party is in material breach or with 30 days’ notice in the case that the breach            
 is capable of cure, but the other party does not cure