(Incorporated in the British Virgin Islands)

We are a holding company incorporated under the laws of British Virgin Islands. As a holding company with no material operation of its own, we conduct substantially all our operations through an indirect Macau subsidiary, Companhia de Comercio Luz Limitada in Macau, or Luz. Luz is an 80%-owned subsidiary of Epsium Enterprise Limited in Hong Kong, or Epsium HK. Mr. Son I Tam, our CEO, CFO, Chairman, principal shareholder, and the founder of Epsium and Luz directly holds (i) 89.996% ownership interest in Epsium, (ii) 19% interest in Epsium HK, and (iii) 20% ownership interest in Luz.

Luz is an import trading and wholesaler of primarily alcoholic beverages in Macau. Through Luz, we import and sell a broad range of premium beverages, primarily alcoholic beverages and, in 2022, a small quantity of tea and fruit juice. The alcoholic beverages we sell include Chinese liquor, French cognac, Scottish whiskey, fine wine, Champagne, and other miscellaneous beverage alcohol. Chinese liquor sales are by far our most significant operations. We are a top wholesaler of high-end Chinese liquor in Macau. We operate only in Macau.

Note: Net income and revenue are for the 12 months that ended June 30, 2024.

(Note: Epsium Enterprise Ltd. priced its micro-cap IPO at $4.00 – the low end of its $4.00-to-$5.00 price range – and sold all 1.25 million shares – the number of shares in the prospectus – to raise $5.0 million on Tuesday night, March 25, 2025.)

(Note: Epsium Enterprise Ltd. updated its F-1/A filing on March 10, 2025, to disclose that D. Boral Capital (ex-EF Hutton) is the sole book-runner. Benjamin Securities is no longer involved as an underwriter, according to the updated F-1/A filing. Epsium Enterprise’s IPO terms remain the same: 1.25 million shares at a price range of $4.00 to $5.00 to raise $5.63 million.)

(Note: Epsium Enterprise Ltd. increased its IPO’s size to 1.25 million shares – up from 1.0 million shares – and cut the price range to $4.00 to $5.00 – down from $5.00 to $7.00 – to raise $5.63 million, according to an F-1/A filing dated Feb. 3, 2025.) 

(Note: Epsium Enterprise Ltd. made a change in its joint book-running team, according to an F-1/A filing dated Jan. 8, 2025: D. Boral Capital (formerly known as EF Hutton) was named as a joint book-runner, replacing Prime Number Capital, to work with Benjamin Securities. Background: This is a micro-cap IPO – just 1.0 million shares at a price range of  $5.00 to $7.00 to raise $6.0 million.)