Schedule of operating lease obligation 

The Company’s operating lease right-of-use assets relate to the office lease agreements with lease terms for two years. The Company’s lease agreement does not contain any material residual value guarantees or material restrictive covenants. Upon adoption of ASU 2016-02, no right-of-use (“ROU”) assets nor lease liability was recorded for the lease with a lease term with one year or less.

The Company’s commitment for minimum lease payments under the operating lease that is within twelve months as of June 30, 2026 is as follows:

 Schedule of maturities lease payments 

RYDE GROUP LTD

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

The following summarizes other supplemental information about the Company’s operating leases as of June 30, 2026 and December 31, 2025:

 Summary of supplemental operating lease