{"url_path":"/sec/pmnt/10-k/2026/item-9a","section_key":"item-9a","section_title":"Item 9A CONTROLS AND PROCEDURES**","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-06-29","source_url":"https://www.sec.gov/Archives/edgar/data/1849221/0001493152-26-030418-index.html","accession_number":"0001493152-26-030418","cik":"0001849221","ticker":"PMNT","issuer_name":"Perfect Moment Ltd.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1849221/0001493152-26-030418-index.html","primary_entity_key":"0001849221","primary_entity_name":"Perfect Moment Ltd."},"word_count":680,"has_tables":true,"body_markdown":"**ITEM\n9A. CONTROLS AND PROCEDURES**\n\n \n\n*Evaluation\nof Disclosure Controls and Procedures*\n\n \n\nWe\nmaintain disclosure controls and procedures as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as\namended (the “Exchange Act”), that are designed to ensure that information required to be disclosed in our reports under\nthe Exchange Act, is recorded, processed, summarized, and reported within the time periods specified in the SEC’s rules and forms,\nand that such information is accumulated and communicated to our management, including our principal executive officer and our principal\nfinancial officer, as appropriate, to allow timely decisions regarding required disclosure.\n\n \n\nWe\ncarried out an evaluation under the supervision and with the participation of our management, including our principal executive officer\nand principal financial officer, of the effectiveness of our disclosure controls and procedures (as defined in Rule 13a-15(e) and 15d-\n15(e) under the Exchange Act) as of the period covered by this Annual Report. Based on this evaluation, our principal executive officer\nand principal financial officer concluded that our disclosure controls and procedures were effective as of March 31, 2026.\n\n \n\n**Management’s\nReport on Internal Controls Over Financial Reporting**\n\n \n\nOur\nmanagement is responsible for establishing and maintaining adequate internal control over financial reporting. Internal control over\nfinancial reporting is a process designed under the supervision of our principal executive and principal financial officers to provide\nreasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes\nin accordance with U.S. generally accepted accounting principles.\n\n \n\nBecause\nof its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of\nany evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate due to changes in conditions,\nor that the degree of compliance with the policies or procedures may deteriorate.\n\n \n\nUnder\nthe supervision and with the participation of our management, including our principal executive and principal financial officers, we\nconducted an evaluation of the effectiveness of our internal control over financial reporting as of March 31, 2026. Based on this evaluation,\nour management concluded that our internal control over financial reporting was effective as of March 31, 2026.\n\n \n\n*Changes\nin Internal Control Over Financial Reporting*\n\n \n\nThere\nwere no changes in our internal control over financial reporting (as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act)\nduring the quarter ended  March 31, 2026 that have materially affected, or are reasonably likely to materially affect, our internal\ncontrol over financial reporting.\n\n \n\n*Inherent\nLimitations on the Effectiveness of Controls*\n\n \n\nManagement\ndoes not expect that our disclosure controls and procedures or our internal control over financial reporting will prevent or detect all\nerrors and all fraud. A control system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance\nthat the objectives of the control systems are met. Further, the design of a control system must reflect the fact that there are resource\nconstraints, and the benefits of controls must be considered relative to their costs. Because of the inherent limitations in a cost-effective\ncontrol system, no evaluation of internal control over financial reporting can provide absolute assurance that misstatements due to error\nor fraud will not occur or that all control issues and instances of fraud, if any, have been or will be detected.\n\n \n\n38\n\n \n\n \n\nThese\ninherent limitations include the realities that judgments in decision-making can be faulty and that breakdowns can occur because of a\nsimple error or mistake. Controls can also be circumvented by the individual acts of some persons, by collusion of two or more people,\nor by management override of the controls. The design of any system of controls is based in part on certain assumptions about the likelihood\nof future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential future\nconditions. Projections of any evaluation of controls effectiveness to future periods are subject to risks. Over time, controls may become\ninadequate because of changes in conditions or deterioration in the degree of compliance with policies or procedures."}