SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

Jun 23, 2025

2. SEC Identification Number

CS201330638

3. BIR Tax Identification No.

CS201330638

4. Exact name of issuer as specified in its charter

Top Line Business Development Corp.

5. Province, country or other jurisdiction of incorporation

Cebu, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

19Floor, Latitude Corporate Center, Mindanao Avenue, Cebu Business Park,Brgy. Luz, Cebu City Postal Code 6000

8. Issuer's telephone number, including area code

032-5056058

9. Former name or former address, if changed since last report

N/A

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common	10,742,193,000

11. Indicate the item numbers reported herein

Item 9

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Top Line Business Development Corp.TOP

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Material Item approved by the Board of Directors ("Board") of Top Line Business Development Corp. ("TOP" or the “Company”)
Background/Description of the Disclosure
During the Special Meeting of the Board of Directors of Top Line Business Development Corp. ("TOP") held on June 23, 2025, the Board of TOP unanimously approved reallocation on the use of IPO Proceeds of TOP, as follows: Per Prospectus in Php Million: 1. Construction of service stations - 300.0 2. Acquisition of fuel tanker - 180.0 3. Working capital - 134.6 4. General corporate purposes - 10.0 Total: 624.6 Reallocation on Use of IPO Proceeds in Php Million: 1. Expansion of service station network - 400.0 2. Working capital - 214.6 3. General corporate purposes - 10.0 Total: 624.6 The Company has determined that the reallocation is to optimize capital deployment by redirecting funds towards more flexible strategies for expansion, still inclusive of construction of service stations. As such, the proceeds initially allocated for the construction of new service stations will be reallocated to fund the broader expansion of the service station network. This shift supports faster market entry and operational scalability while maintaining alignment with the Company’s long-term growth objectives. The Company has secured access to additional depot space with its existing lessor within a depot terminal in Mandaue City. This additional storage capacity enhances operational efficiency and inventory management, thereby reducing the immediate need to invest in fuel tanker. Consequently, the Company has deemed it prudent to reallocate the corresponding funds to other strategic initiatives. This reallocation is consistent with TOP’s ongoing commitment to practical financial management and its strategic focus on maximizing shareholder value. The IPO proceeds are expected to be fully utilized by end of 2026.
Other Relevant Information
Please see the attached SEC Form 17-C.