LEASE

3 Months Ended

Mar. 31, 2025

NOTE 9 - LEASE

As of March 31, 2025, the Company has one lease agreements for the office space in PRC with remaining lease terms of from 9 months.

The details lease terms are shown as followings:

SCHEDULE OF DETAILS OF LEASE TERM

Lease agreement		Expiry Date		Original Lease Term		The Remaining Lease Term
1^stChangsha office rent, related party		Dec 31, 2025		1 years		0.75 year

A lease with an initial term of 12 months or less are not recorded on the balance sheet. The Company accounts for the lease and non-lease components of its leases as a single lease component. Lease expense is recognized on a straight-line basis over the lease term.

EZAGOO LIMITED

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

(Currency expressed in United States Dollars (“US$”), except for number of shares)

The components of lease expense and supplemental cash flow information related to leases are as following:

	2025		2024
	Three months ended March 31,
	2025		2024
Leases Cost (included in general and administration in the Company’s unaudited condensed statement of operations)
Amortization of right-of-use assets	$	-	$	6,725
Interest of operating lease liabilities		-
Total lease cost	$	-	$	6,725

Other Information
Cash paid for the amounts included in the measurement of lease liabilities	$	-	$	-
Weighted average remaining lease term (in years)		-		0.75
Average discount rate – operating leases		-		4.35	%

Lease commitments

The following table sets forth our contractual obligations as of March 31, 2025:

SCHEDULE OF CONTRACTUAL OBLIGATIONS

	Year ended March 31,
	Total		2025
	USD		USD
Operating lease commitments for Lease expense under lease agreements	$	16,234		16,234