HONG KONG, Dec. 18, 2024 — Prestige Wealth Inc. (NASDAQ: PWM) (“PWM”), a Hong Kong-based wealth and asset management firm, completed its acquisition of all InnoSphere Tech Inc. shares on December 16, 2024. InnoSphere Tech is incorporated under British Virgin Islands law.

PWM also finalized the acquisition of all Tokyo Bay Management Inc. shares on December 16, 2024. Tokyo Bay Management Inc. is also incorporated under the laws of the British Virgin Islands.

About Prestige Wealth Inc.

Prestige Wealth Inc. is a Hong Kong-based provider of wealth and asset management services. It helps clients identify and acquire suitable wealth and global asset management products. The company serves a loyal clientele of high- and ultra-high-net-worth individuals in Asia, providing customized wealth management products and tailored services. Its asset management services encompass investment fund management, discretionary account management, and related advisory services. For more details, visit http://ir.prestigewm.hk.

About InnoSphere Tech

InnoSphere Tech utilizes its web scraping expertise to gather financial and wealth management data meeting international standards. Its system processes large datasets to train a specialized large language model for the wealth management industry, offering superior support to financial sector clients compared to general-purpose models.

About Tokyo Bay

Tokyo Bay, a Tokyo-based firm, offers wealth management, family affairs, lifestyle management, and related services to high-net-worth Japanese clients. Its team of experienced professionals has built extensive premium client relationships and in-depth local market knowledge.

CONTACT: For more information, please contact:

Prestige Wealth Inc.

Investor Relations Department

Email: ir@prestigefh.com