Treasure Global Announces 1-For-20 Reverse Stock Split, Effective December 5

Treasure Global Inc. (NASDAQ:TGL) ("Treasure Global" or the "Company"), a Southeast Asia–anchored technology company, today announced that it will effect a 1-for-20 reverse stock split ("Reverse Stock Split") of its common stock, par value USD 0.00001 per share ("Common Stock"). Treasure Global's Common Stock will continue to trade on the Nasdaq Capital Market ("Nasdaq") under the existing ticker symbol "TGL" and will begin trading on a split-adjusted basis when the market opens on December 5, 2025. The new CUSIP number for the Common Stock following the Reverse Stock Split will be 89458T403.

The Reverse Stock Split is intended to increase the per-share trading price of the Company's Common Stock to assist in regaining compliance with the Nasdaq minimum bid price requirement of USD 1.00 per share. There can be no assurance that the Company will maintain long-term compliance with Nasdaq listing requirements.

On November 24, 2025, the Company's stockholders approved a proposal to authorize a reverse stock split of the Common Stock at a ratio within the range of 1-for-2 and 1-for-20 with the authority delegated to the Board of the Directors of the Company, to determine the exact reverse split ratio and when to file the Certificate of Amendment with the Secretary of State of the State of Delaware. On December 2, 2025, the Company filed a Certificate of Amendment to its Certificate of Incorporation to effect the Reverse Stock Split at the ratio of 1-for-20.