TIMELESS(08028): The Securities Regulatory Commission has confirmed that there is no further opinion on the tokenization of physical silver assets and the group's plan to issue silver tokens.

TIMELESS (08028) has announced that, according to information received from Ed Securities on January 6, 2026, the Securities and Futures Commission has confirmed that there are no further opinions regarding the tokenization of physical silver assets and the proposed issuance of silver tokens by the Group. The Group will proceed with the issuance of silver tokens as soon as possible. In preparation for the issuance of silver tokens, the Group has acquired relevant silver assets to be used as physical assets for the silver tokens. As of December 31, 2025, the Group holds approximately 54,000 ounces of silver inventory with an average cost of around $46 per ounce. The Group also started selling physical silver assets as part of its precious metals sales business since November 2025. The Company will continue to update shareholders and potential investors on major developments, including progress on the preparation work related to silver tokens, through further announcements in due course.