TOP FORM INT'L (00333) subsidiary granted an unsecured loan facility of no more than US$3 million

TOP FORM INT'L (00333) announced that on September 29, 2026, TFB and Mr. Huang (a substantial shareholder of the Company) entered into a facility agreement, pursuant to which Mr. Huang agreed to provide TFB with an unsecured loan facility of no more than US$3 million (equivalent to approximately HK$23.31 million), with a term of 24 months from the date of first drawdown. It is understood that TFB is a limited company incorporated in Hong Kong, principally engaged in the manufacture and trading of women's underwear, and is an indirectly wholly-owned subsidiary of the Company. After taking into consideration the Group's current situation and short-term funding needs, the terms of the facility agreement, and the current market interest rate level, the Board (excluding Mr. Huang Songcang, Mr. Huang Qicong and Mr. Huang Qizhi) considers that the facility agreement was entered into after arm's length negotiations and on normal commercial terms or better, is not secured by the assets of the Group, and is fair and reasonable and in the overall interests of the Company and its shareholders.