Garden Stage (GSIW) Registration Filing summary

Management team and governance

• Principal executive, financial, and accounting officer is Sze Ho Chan, who also serves as CEO and director.

• Board includes directors Ngan Sammy Shum, Sheung Chi Steven Wu, B Ray Billy Tam, Kevin Guan, and Kit Wa To.

• U.S. legal representation provided by Cogency Global Inc., signed by Colleen A. De Vries as Senior Vice-President.

Offering details and pricing

• Registration statement filed on Form F-3 for a delayed or continuous offering under Rule 415.

• Securities may be offered from time to time after the effective date as determined by the registrant.

• Amendment filed to clarify that certain exhibits will be filed separately on Form T-1.

Risk factors and disclosures

• Indemnification of directors and officers is provided except in cases of willful neglect or default; indemnification for Securities Act liabilities is unenforceable under U.S. law.

• Any underwriting agreement will also provide for indemnification in certain cases.