The Board of Directors of Baguio Green Group Limited would like to inform the Shareholders and potential investors that the Group has been awarded a 2-year service contract, by the Food and Environmental Hygiene Department of the HKSAR Government for the provision of People Counter System servicing at over 800 public toilets, aqua privies and bathhouses to assist the Government to monitor flow and optimize service standard. Powered by cutting-edge Artificial Intelligence (``AI''), Time-of-flight and Internet of Things technologies, the System will be installed to detect and monitor the number of users. AI technology enhances accuracy, while Machine Learning technology enables continuous improvement of the AI model.

Data are collected and analyzed on a dedicated Big Data Platform, providing the Government a comprehensive and holistic perspective with utilisation insights and predictive analytics. This information will support the future strategic development of public toilets, including service standard enhancement, and redeployment and refurbishment of public toilet facilities in Hong Kong. Winning this Contract represents an important milestone for Baguio's development, and has strategic significance for rapid development of the Group's green technology business.

Smart and green technology business is anticipated to be one of Baguio's growth drivers. It is a crucial component to complete its one-stop offering that includes delivery of people service, smart technology and ESG data to support the Government in constructing a sustainable and greener smart city. Baguio will persist in developing innovative projects to fully capture market opportunities and grow its green technology business.