| C08432-2025 |
| Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
|---|---|---|
| Common Shares | 10,742,193,000 |
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Top Line Business Development Corp.TOP| Subject of the Disclosure |
|---|
TOP eyes major capital-raising activity after reclassifying 800 million common shares into preferred shares |
| Background/Description of the Disclosure |
Cebu, Philippines – The shareholders of listed fuel distributor and retailer Top Line Business Development Corp. (“TOP” or the “Company”) have approved the reclassification of 800 million unissued common shares into preferred shares, as well as the authority of the Board of Directors to pursue capital-raising activities, such as private placement, follow on offering, or debt issuances, at its Special Stockholders’ Meeting on December 2, 2025. |
| Other Relevant Information |
Please see attached press release. |
| Name | Andrea Ma. Isabella Vargas-Garcia |
|---|---|
| Designation | Investor Relations and Corporate Communications Officer |