Baguio Green Group Limited (‘‘Baguio’’ or the ‘‘Group’’, Stock Code: 01397.HK) is pleased to announce that since the interim result reported as of 30 June 2023, the Group has successfully secured new contracts with a total value of approximately HK$752 million from various Hong Kong government departments, quasi-government organizations and private organizations. The new contracts drive Baguio’s total value of contracts on hand to a historical high of approximately HK$4.7 billion as of 5 October 2023. These new contracts include but not limited to: 1) Leisure and Cultural Services Department’s contract for the provision of cleansing and supporting services to leisure venues in Sham Shui Po and Yau Tsim Mong districts; 2) Food and Environment Hygiene Department’s contract for the provision of management, cleansing and pest control services for markets in Wong Tai Sin district; 3) Environmental Protection Department’s contract for the provision of recyclables collection services for recycling bins in public spaces and schools. As a result, the Group records a historical high for its total value of contracts on hand, demonstrating the Group’s strong momentum in its business growth.