Company: GCL
Filing Date: 2025-08-27
Form Type: DRS
Source: 0001213900-25-080905
Chunk: 185

Company: GCL Global Holdings Ltd
Filing Date: 2025-08-27
Form: DRS
Chunk 185
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 all issued shares, unless  
 the Company has only one shareholder in which case that shareholder alone constitutes a quorum; |

| ● | an ordinary resolution of shareholders                                                       
 is passed by a simple majority of such shareholders as, being entitled to do so, vote in     
 person or, where proxies are allowed, by proxy at a general meeting of the Company and where 
 a poll is taken regard shall be had in computing a majority to the number of votes to which  
 each shareholder is entitled by the Company Charter;                                         |

| ● | a special resolution of shareholders                                                        
 is passed by a majority of not less than two-thirds of such shareholders as, being entitled 
 to do so, vote in person or, where proxies are allowed, by proxy at a general meeting of    
 the Company of which notice specifying the intention to propose the resolution as a special 
 resolution has been duly given and where a poll is taken regard shall be had in computing   
 a majority to the number of votes to which each shareholder is entitled.                    |

<div align='center'>104</div>

The Company Charter does
not permit the adoption by the shareholders of resolutions in writing. A shareholder resolution must be passed at a meeting of the shareholders.

Shareholders have no general
right under the Company Charter to bring business before a general meeting of the Company, save in the case of any shareholders right
to requisition a general meeting provided the minimum shareholder requirement is met.

Appointment of Directors

The directors of the Company
may be appointed by an ordinary resolution of the shareholders. Alternatively, the Company board of directors may, by the affirmative
vote of a simple majority of the directors present and voting at a board meeting appoint any person as a director to fill a casual vacancy
on the board or as an addition to the existing board. The Company directors are not automatically subject to a term of office and hold
office until such time as their office is vacated or where they are removed from office by an ordinary resolution of shareholders or
otherwise in accordance with the Company Charter. In addition, a director will cease to be a director if, among other things the director
(i) becomes bankrupt or makes any arrangement or composition with his or her creditors: (ii) dies or is found to be or becomes of unsound
mind within the scope of the Company Charter: (iii) resigns his or her office by notice in writing to the Company; (iv) without special
leave of absence from the Company Board, is absent from board meetings for a continuous period of