Company: EUDAW
Filing Date: 2025-09-24
Form Type: 20-F/A
Source: 0001493152-25-014808
Chunk: 53

Company: EUDA Health Holdings Ltd
Filing Date: 2025-09-24
Form: 20-F/A
Chunk 53
---
 Meng Dong (James) Tan, the Company’s related party who had more than 10% ownership of the Company, is the sole shareholder         
 and director of 8i Enterprises Pte. Ltd. Mr. Tan has sole voting and dispositive power over the shares.                            |

| F-32 |

EUDA HEALTH HOLDINGS LIMITED AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(In U.S. dollars, unless stated otherwise)

Convertible notes – third parties

Outstanding balances on convertible notes consist of the following:

Schedule of convertible notes

| Lender              
 Name                
 Maxim               
 Group LLC (“Maxim”) |     | Maturities   
 July         
 31, 2024 (2) |     | Interest 
 Rate     | 0.0 | % |     | Terms                                                                                                                                
 Automatically                                                                                                                        
 be converted into the Company’s ordinary shares at $1.5 per share if the balance is not being repaid by the maturity date            |     | As       
 of       
 December 
 31,      
 2024     |      - |     | As       
 of       
 December 
 31,      
 2023     | 2,113,125 |
|:--------------------|:----|:-------------|:----|:---------|----:|:--|:----|:-------------------------------------------------------------------------------------------------------------------------------------|:----|:---------|-------:|:----|:---------|----------:|
| Loeb                
 & Loeb LLP (“Loeb”) |     | November     
 17, 2023 (1) |     |          | 0.0 | % |     | (1)                                                                                                                                  
 60,000 of the Company ordinary share has been issued to Loeb, which is subject to be returned and cancellation if the Company repaid 
 the full or part of the convertible note, and (2) Loeb has the right to sell the ordinary shares in public market and the earning    
 from the sales should be offset the remaining balance of the convertible note                                                        |     |          |      - |     |          |   300,000 |
| Madam               
 Chong Ah Kaw (3)    |     | January      
 1, 2025      |     |          | 6.0 | % |     | Automatically                                                                                                                        
 be converted into the 3,333 of the Company’s ordinary shares on maturity date                                                        |     |          | 22,365 |     |          |         - |
| Sar