On August 26, 2026, Treasure Global Inc, a Delaware corporation (the "Company" or "TGL"), entered into three (3) separate Software Development Agreements (each, an "Agreement" and collectively, the "Agreements") with (i) Mestiz Technology Sdn Bhd, a company incorporated under the laws of Malaysia ("Mestiz Tech"), (ii) E Argo Digital Sdn Bhd, a company incorporated under the laws of Malaysia ("E Argo"), and (iii) Add2Cart Commerce Pte Ltd, a company incorporated under the laws of Singapore ("Add2Cart" and together with Mestiz Tech and E Argo, the "Developers").

 

The Company engaged each Developer to design, develop, implement and deliver a Lifestyle Membership and Experience Platform (the "Software") including all source code, documentation, cloud infrastructure configurations, APIs, databases, and related deliverables.

 

The Software Development Fee is US$1,000,000 per Agreement (US$3,000,000 in aggregate), payable in milestone payments: (1) US$500,000 upon the Effective Date; (2) US$400,000 upon completion of user acceptance testing; and (3) US$100,000 upon completion of go-live.

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