LEASE

9 Months Ended

Sep. 30, 2025

Lease

LEASE

NOTE 9 - LEASE

As of September 30, 2025, the Company has two separates lease agreements for the two office spaces in PRC with remaining lease terms of from 6 months to over 8 months.

The details lease terms are shown as followings:

Lease agreement	Expiry Date	Original Lease Term	The Remaining Lease Term
1st Changsha office rent, related party	Dec. 31, 2025	1 year	0.25 year
2nd Beijing office rent, related party	Mar. 10, 2026	1 year	0.5 year

A lease with an initial term of 12 months 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:

	Nine months ended September 30,
	2025		2024
Leases Cost (included in general and administration in the Company’s unaudited condensed statement of operations)
Amortization of right-of-use assets	$	-	$	12,911
Interest of operating lease liabilities		-		365
Total lease cost	$	-	$	13,276
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 September 30, 2025:

	Year ended September 30,
	Total		2025
	USD		USD
Operating lease commitments for Lease expense under lease agreements	$	7,196		6,353