SUGP

• Delisting Notification: SU Group Holdings Limited received a letter from Nasdaq notifying them of potential delisting due to non-compliance with minimum bid price and publicly held shares requirements, unless they successfully appeal the decision.

• Compliance Plan: The company has submitted a compliance plan to address the deficiencies and is considering a secondary offering to increase publicly held shares, while continuing to trade under the ticker "SUGP" until the appeal is resolved.

SU Group Holdings Limited Compliance Notification

• Non-Compliance Notification: On August 27, 2025, SU Group Holdings Limited (Nasdaq: SUGP) received a notification from Nasdaq indicating non-compliance with its listing rules due to insufficient publicly held shares. The company currently has approximately 424,000 publicly held shares, falling short of the required minimum of 500,000 shares.

• Response and Compliance Plan: The company has until October 13, 2025, to submit a plan to Nasdaq to regain compliance with Listing Rule 5550(a)(4). If the plan is not accepted, SU Group has the option to appeal the decision to a Nasdaq Hearings Panel.

Company Overview

• Business Operations: SU Group is an integrated security-related services company based in Hong Kong, specializing in security engineering services, security guarding, screening services, and vocational training. The company has been operational for over two decades, providing comprehensive security system services, including threat detection and traffic control systems, to various sectors such as commercial, public, and residential properties.

Forward-Looking Statements

• Risk Factors: The company has issued forward-looking statements regarding its future compliance with Nasdaq's requirements, highlighting potential risks and uncertainties that could affect actual results. These include the ability to submit a satisfactory compliance plan and maintain the necessary number of publicly held shares.