Top Standard Corporation ('the Company') has issued a supplementary announcement and annual report on April 1, 2024 regarding the performance for the year ended December 31, 2023. The announcement details the use of funds raised from past fundraising activities, including net proceeds of approximately 44.2 HKD million from the issuance and subscription of shares conducted from 2019 to 2021. These proceeds were fully utilized for repayment of bonds, bank loans, acquisition, opening of new restaurants, and general operating capital. In addition, the net proceeds of approximately 3.5 HKD million from the second issuance conducted on December 19, 2023 have been partially utilized by 30.12 million HKD as of December 31, 2023, and the remaining 0.488 million HKD is expected to be fully utilized in March 2024. The Board of Directors of the Company confirms the accuracy of the announcement and will publish it on the HKEX and the Company's website.

Top Standard Corporation ('the Company') has issued a supplementary announcement and annual report on April 1, 2024 regarding the performance for the year ended December 31, 2023. The announcement details the use of funds raised from past fundraising activities, including net proceeds of approximately 44.2 HKD million from the issuance and subscription of shares conducted from 2019 to 2021. These proceeds were fully utilized for repayment of bonds, bank loans, acquisition, opening of new restaurants, and general operating capital. In addition, the net proceeds of approximately 3.5 HKD million from the second issuance conducted on December 19, 2023 have been partially utilized by 30.12 million HKD as of December 31, 2023, and the remaining 0.488 million HKD is expected to be fully utilized in March 2024. The Board of Directors of the Company confirms the accuracy of the announcement and will publish it on the HKEX and the Company's website.