Trive Financial Services Europe Ltd.

Trive Financial Services Europe Limited (“the Company”) The Malta Financial Services Authority (“MFSA”) decided to proceed with imposing directives against the Company in terms of Article 15 of the Investment Services Act and Article 16(2)(b) of the Malta Financial Services Authority’s Act. Address: Floor 5, The Penthouse, Lifestar, Testaferrata Street, Ta’ Xbiex XBX 1403 Malta Business Activity: Investment Firm REGULATORY ACTION Effective 1 September 2026, the MFSA decided to impose the following directives on the Company, directing it to: a) cease, with immediate effect, the onboarding of new clients until such time as the Authority is satisfied that the deficiencies identified in relation to the safeguarding of client assets and reconciliation procedures have been adequality addressed; b) direct the Board of the Company to, amongst others, approve and sign off transactions, with immediate effect, involving client designated accounts or pertaining to clients’ monies and assets, ensuring robust oversight and adequate supervisory controls; c) provide the Authority with all documentation confirming that client monies held by liquidity providers are maintained in the relevant accounts, by not later than forty-eight (48) hours from the receipt of the MFSA’s directive; and d) transfer client monies with counterparties that meet the requirements of Regulation 9(1) of the Investment Services Act (Control of Assets) Regulations (S.L. 370.05) as a matter of priority within one (1) week from the date of the MFSA’s directive. Furthermore, on 24 September 2026, the MFSA decided to direct the Company to cease any incoming or outgoing transactions from the accounts of the clients with immediate effect. This directive shall remain in place until the Company transfers client monies with counterparties that meet the requirements of Regulation 9(1) of the Investment Services Act (Control of Assets) Regulations (S.L. 370.05) or until the MFSA decides otherwise. It should be noted that the MFSA’s decision may be appealed before the Financial Services Tribunal within the period as prescribed by the applicable law. PUBLICATION This notice is being published in terms of Article 16(8) of the Malta Financial Services Authority Act and the MFSA’s Publication Policy. CLIENT QUERIES Clients of the Company are encouraged to refer to the MFSA website for information and updates. Dedicated Contact Line: +356 2548 5500 UPDATE ON 7 October 2026 Following recent developments, on 7 October 2026 the MFSA has decided to appoint Grant Thornton to occupy the role of a Competent Person who shall have the power to: take charge of the assets of the licence holder, or any portion of them, for the purposes of safeguarding the interests of investors, consumers, creditors or, if any, shareholders, of the licence holder; and assume control of the business of the licence holder, either to carry on that business or to carry out such other function or functions in respect of such business, or part thereof, including to take the necessary action for the licence holder to be dissolved and wound up, as the competent authority may direct. The term of the appointment of the Competent Person shall commence on 7 October 2026 and shall remain in force for a term of one (1) year unless extended by the parties. Grant Thornton can be contacted on: CP.Trive@mt.gt.com