Company: GDSTR
Filing Date: 2025-07-18
Form Type: S-4/A
Source: 0001213900-25-065671
Chunk: 154

Company: Goldenstone Acquisition Ltd.
Filing Date: 2025-07-18
Form: S-4/A
Chunk 154
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 to be a complete description of the analyses performed by EntrepreneurShares. The order of the analyses described, and the results of these analyses do not represent relative importance or weight given to these analyses by EntrepreneurShares. Except as otherwise noted, the following quantitative information, to the extent that it is based on market data, is based on market data that existed on or before June 20, 2024, and is not necessarily indicative of current market conditions. 71

Summary of EntrepreneurShares’ Financial Analysis of Infintium Market Method — Guideline Public Traded Companies (GPTC) The primary method EntrepreneurShares used as the basis for the fairness opinion assessment was a Market Method — GPC, GTM & GCM as further described below. Guideline Public Companies Analysis The Guideline Public Companies (“GPC”) Method is a market indicator used to value a business. In the GPC Analysis, EntrepreneurShares reviewed and analyzed publicly available data (sourced through paid search platform S&P Capital IQ (“CapIQ”)) about companies that were considered to have attributes similar to Infintium or one or more of the Business Lines (the “GPC Analysis”). There are no guideline public companies that are directly comparable to Infintium’s future prospective business. EntrepreneurShares, selected a group of 21 guideline public companies (“GPC Guideline Companies,” collectively, the “Guideline Companies Group”), to use for purposes of the GPC Analysis. These Guideline Companies were as follows:

| Company Name                                                 |
| Advait Infratech Limited (BSE:543230)                        |
| Calix Limited (ASX:CXL)                                      |
| Clean Energy Technologies, Inc. (NasdaqCM:CETY)              |
| Confidence Futuristic Energetech Limited (BSE:539991)        |
| Dhoot Industrial Finance Limited (BSE:526971)                |
| Enapter AG (DB:H2O)                                          |
| Enogia SAS (ENXTPA:ALENO)                                    |
| Entech SA (ENXTPA:ALESE)                                     |
| ErreDue S.p.A. (BIT:RDUE)                                    |
| Green Hydrogen Systems A/S (CPSE:GREENH)                     |
| Hazer Group Limited (ASX:HZR)                                |
| Hydrogen-Refueling-Solutions SA (ENXTPA:ALHRS)               |
| HydrogenPro ASA (OB:HYPRO)                                   |
| Hyzon Motors Inc. (Nasdaq