Treasure Global Inc. Signs $2M Power BI Software Development Agreement

What Happened

• On September 11, 2026, Treasure Global Inc. (TGL) entered into a Software Development Agreement with Mestiz Technology Sdn Bhd to design, develop, integrate and implement a centralized Microsoft Power BI business intelligence solution for TGL and its subsidiaries. The platform will cover three business environments: (i) lifestyle membership and retail; (ii) loyalty and digital ecosystem; and (iii) digital wallet and fintech. The engagement is non-exclusive and runs for one year from the agreement date.

Key Details

• Agreement date: September 11, 2026.
• Service Fee: $2,000,000, payable in cash, TGL common stock, or any combination (per Appendix C).
• Deliverables/timing: Mestiz Tech must deliver a detailed implementation plan within 14 days of the effective date; work covers design, integration and centralized dashboards/reporting.
• Contract terms: one-year term, standard termination for uncured material breach (30-day cure), insolvency, mutual agreement, and customary representations/indemnities.

Why It Matters

• This is a material technology engagement aimed at centralizing TGL’s operational and transactional data into dashboards that management can use to monitor business performance, customer behavior, financials and operational risks—potentially improving decision-making and reporting. The $2.0M fee is a concrete near-term commitment; because payment may be made in company stock, there is a potential dilutive impact if equity is used. Investors should watch for follow-up disclosures about milestone payments, any securities issued in satisfaction of the fee, and progress or completion of the implementation. The filing also references Item 3.02 (Unregistered Sales of Equity Securities) and includes the agreement as Exhibit 10.1.