The board of directors of the Esprit Holdings Limited announced shareholders of the Company (the Shareholders) and potential investors that based on the preliminary review of the unaudited consolidated management accounts of the Group for the year ended 31 December 2022 and information currently available to the Board, the Group is expected to record a loss attributable to the shareholders of the Company of no more than HKD 700 million for the Year, as compared to the profit attributable to the shareholders of the Company of approximately HKD 381 million for the year ended 31 December 2021. The Group is expected to record total revenue of approximately HKD 7,063 million for the Year, as compared to the total revenue of approximately HKD 8,316 million for the Corresponding Year, representing a decrease of approximately 15.1%.