| Schedule of share-based compensation |
The
share-based compensation for each period relates to the following awards:
Schedule
of share-based compensation
| Recipient and award | |
Number of shares | | |
Grant date | |
Fair value per share | | |
2025 | | |
2026 | | |
2026 | |
| | |
| | |
| |
| | |
Expense for the six months ended June 30, | |
| Recipient and award | |
Number of shares | | |
Grant date | |
Fair value per share | | |
2025 | | |
2026 | | |
2026 | |
| | |
| | |
| |
US$ | | |
S$’000 | | |
S$’000 | | |
US$’000 | |
| CEO – Class B shares to recognize his significant contribution to the Company’s business operations for the financial year 2024 | |
| 3,000,000 | | |
Mar 13, 2025 | |
| 0.39 | | |
| 1,542 | | |
| - | | |
| - | |
| CEO – restricted stock units, settled in March 2026 | |
| 618,750 | | |
Mar 6, 2024 | |
| 4.50 | | |
| - | | |
| 3,561 | | |
| 2,752 | |
| CFO* – restricted stock units, settled in March 2026 | |
| 310,500 | | |
Mar 6, 2024 | |
| 4.50 | | |
| - | | |
| 1,787 | | |
| 1,381 | |
| Consultants# – Class A shares | |
| 150,000 | | |
Mar 16, 2026 | |
| 0.70 | | |
| - | | |
| 135 | | |
| 104 | |
| Consultants# – Class A shares | |
| 605,000 | | |
Apr 7, 2026 | |
| 1.04 | | |
| - | | |
| 805 | | |
| 622 | |
| CEO – performance-based award: milestones achieved in April 2026 | |
| 10,500,000 | | |
Oct 2, 2025 | |
| 0.38 | | |
| - | | |
| 5,104 | | |
| 3,944 | |
| Total | |
| | | |
| |
| | | |
| 1,542 | | |
| 11,392 | | |
| 8,803 | |
| * | Chief Financial Officer as of June 30, 2026, resigned with effect from July 3, 2026. |
| # | 150,000 shares issued on March 16, 2026 for consulting services, and 605,000 shares issued
on April 7, 2026 for services in relation to strategizing with the Company on its positioning and road map for capital raising, and assisting
in dealing with investor relations matters. |
|