Elong Power Holding Limited Transfer of Listing and Compliance with Nasdaq Requirements

Elong Power Holding Limited (the “Company”) has successfully transferred the listing of its Class A ordinary shares from the Nasdaq Global Market to the Nasdaq Capital Market, effective April 1, 2026. This strategic move was approved by Nasdaq on March 30, 2026. The transfer was undertaken to regain compliance with Nasdaq listing rules. Previously, the Company had received notices regarding deficiencies in Market Value of Listed Securities (MVLS) and Market Value of Publicly Held Shares (MVPHS) falling below the minimum requirements for continued listing on the Global Market. Following the transfer to the Capital Market, Nasdaq has confirmed that the Company has regained compliance with the relevant listing rules, and these matters have been closed. The ticker symbol "ELPW" and CUSIP designation remain unchanged.