Epsium Enterprise ^{Filed, US Offering, Nasdaq: EPSM}

Luz is an import trading and wholesale seller of 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. Among these products, the three main alcoholic beverages we sell are Chinese liquors, French cognac, and Scottish whiskey. Our sales of these three categories of products accounted for 99.73% of our total percentage of sales revenue for the six months ended June 30, 2023, and 97.63%, 97.97%, and 99.44% of our total percentage of sales revenue for the fiscal years 2020, 2021 and 2022, respectively. As a wholesale seller, we operate in the downstream segment of the value chain of alcoholic beverage market in Macau.