Initial Statement of Beneficial Ownership

This filing details the beneficial ownership of Chunning Wang, CEO and COB of Lion Group Holding Ltd (LGHL). Wang Chunning directly owns 798,112,875 Class B ordinary shares. Additionally, Wang Chunning indirectly owns 1,931,140 Class B ordinary shares through Legend Success Ventures Limited, a company where Wang Chunning is the sole shareholder and director, exercising sole voting and dispositive control. The filing indicates no derivative securities are beneficially owned. The report date is March 18, 2026, and the signature date is April 2, 2026.