Issuance of Class B Ordinary Shares (Form 6-K)

Issuance of Class B Ordinary Shares

On July 2, 2026, pursuant to the authorization of its Board of Directors on October 10, 2025, Ryde Group Ltd (the "Company") issued 10,500,000 Class B Ordinary Shares of the Company, to its Founder, Chairman, and Chief Executive Officer, Mr. Terence Zou, following the satisfaction of the approved performance-based milestones. These performance-based milestones were achieved upon (a) the successful completion of the Company's $2 million registered direct offering on December 3, 2025, (b) the successful completion of the Company's $12 million private offering on December 9, 2025, and (c) the successful completion of the Company's $14.9 million private offering on April 13, 2026.

The Company's share capital is divided into Class A Ordinary Shares and Class B Ordinary Shares. Holders of Class A Ordinary Shares are entitled to one vote per share, while holders of Class B Ordinary Shares are entitled to 10 votes per share. After the issuance of 10,500,000 Class B Ordinary Shares, Mr. Terence Zou will beneficially own an aggregate 30,177,175 Class B Ordinary Shares, which will constitute approximately 16.74% of the Company's total issued and outstanding share capital and approximately 66.79% of the aggregate voting power, assuming the Company's total issued and outstanding share capital is 180,226,306 Ordinary Shares, comprising 150,049,131 Class A Ordinary Shares and 30,177,175 Class B Ordinary Shares. The Class B Ordinary Shares are not listed on the NYSE American market.