Singapore, July 21, 2026 - TOP Financial Group Limited (NASDAQ: TOP), a prominent online brokerage firm specializing in local and foreign equities, futures, and options products, revealed today that all 428,862,444 outstanding warrants to purchase Class A ordinary shares from its recent private placement have been fully exercised on a cashless basis. This led to the cancellation of the remaining warrants, with a total of 360,534,431 Class A ordinary shares being issued post-exercise. Consequently, all prior warrants have been invalidated and are no longer in circulation, and the Company did not gain any cash proceeds from this exercise.