EXPLNATORY NOTE (Form 6-K)

EXPLNATORY NOTE

As previously disclosed, Republic Power Group Limited (the "Company") entered into a securities purchase agreement dated July 20, 2026 (the "SPA") with a certain institutional investor (the "Investor"), pursuant to which the Investor purchased from the Company a certain convertible note in two tranches in an aggregate principal amount of $570,000 (the "Note"). In addition, under the SPA, the Investor was granted an additional investment right to enter into a new set of transaction documents with the Company, on the same exact terms and conditions contained in the SPA, the Note, and all other ancillary documentation thereto, in the Investor's sole discretion, during the one-year period following the date of the SPA ("Right").

On September 29, 2026, pursuant to a certain termination agreement, the Company and the Investor agreed to terminate such Right, effective on October 2, 2026, upon the Investor's receipt of a one-time cash fee of US$250,000 from the Company.