ALLTOP TECHNOLOGY

Subject

 On behalf of its subsidiaries ALLTOP HOLDING LTD.

and A-LIST INTERNATIONAL LTD., the company announced

resolution to proceed with cash capital reduction.

Date of events

  2026/05/05

To which item it meets

paragraph 11

Statement

1.Date of the board of directors resolution:2026/05/05

2.Reason for capital reduction:Based on the group's financial planning

considerations, it is proposed to reduce capital and return share

payments to improve the efficiency of capital utilization.

3.Amount of capital reduction:

ALLTOP HOLDING LTD.：USD 340,000

A-LIST INTERNATIONAL LTD.：USD 340,000

4.Cancelled shares:0

5.Capital reduction ratio:

ALLTOP HOLDING LTD.：1.8%

A-LIST INTERNATIONAL LTD.：1.6%

6.Share capital after capital reduction:

ALLTOP HOLDING LTD.：USD 18,842,600

A-LIST INTERNATIONAL LTD.：USD 20,800,822

7.Scheduled date of the shareholders’ meeting:NA

8.Estimated no.of TPEx-listed common shares after issuance

of new shares upon capital reduction:NA

9.Estimated ratio of TPEx-listed common shares after issuance

of new shares upon capital reduction to outstanding common

shares:NA

10.Please explain any countermeasures for lower circulation

in shareholding if the aforesaid estimated no.of TPEx-listed

common shares upon capital reduction does not reach 5 million

and the ratio does not reach 25%:NA

11.Record date of capital reduction:NA

12.Any other matters that need to be specified:None