Company: TOP
Filing Date: 2025-03-14
Form Type: POS AM
Source: 0001213900-25-024160
Chunk: 35

Company: TOP Financial Group Ltd
Filing Date: 2025-03-14
Form: POS AM
Chunk 35
---
     | April 2, 2024     |     | Intra-company loan |
| 10  |     | TGFL     |     | WINRICH       |     | $      | 1,050,000 |     | May 7, 2024       |     | Intra-company loan |
| 11  |     | TGFL     |     | WINRICH       |     | $      | 1,000,000 |     | May 13, 2024      |     | Intra-company loan |
| 12  |     | TGFL     |     | WINRICH       |     | $      | 1,000,000 |     | June 4, 2024      |     | Intra-company loan |
| 13  |     | TGFL     |     | WINRICH       |     | $      | 1,000,000 |     | June 14, 2024     |     | Intra-company loan |
| 14  |     | TGFL     |     | WINRICH       |     | $      |   500,000 |     | June 17, 2024     |     | Intra-company loan |
| 15  |     | TGFL     |     | WINRICH       |     | $      |   500,000 |     | June 20, 2024     |     | Intra-company loan |
| 16  |     | TGFL     |     | WINRICH       |     | $      | 3,000,000 |     | September23,2024  |     | Intra-company loan |

See “Item 8. Financial Information – A. Consolidated Statements and Other Financial Information – Dividend Policy”, “Item 3. Key Information — 3.D. Risk Factors — Risks Relating to our Corporate Structure – We rely on dividends and other distributions on equity paid by the Operating Subsidiaries to fund any cash and financing requirements we may have, and any limitation on the ability of the Operating Subsidiaries to make payments to us could have a material adverse effect on our ability to conduct our business” in our 2024 Annual Report. Enforceability of Civil Liabilities Cayman Islands TFGL was formed under the laws of the Cayman Islands as an exempted company with limited liability. Substantially all of our assets are located outside the United States. In addition