Frog Cellsat Limited — Others, 21-10-2024: Statement of deviation(s) or variation(s) under Reg. 32

Frog Cellsat Limited has confirmed that there are no deviations or variations in the utilization of funds raised from its Initial Public Offering (IPO). All proceeds have been fully allocated to the identified purposes outlined in the IPO prospectus, which includes an expansion project and related expenses. The company assures compliance with regulatory requirements and confirms appropriate management oversight on fund utilization.