Felix Group Holdings Ltd. announced that it has secured a 3-year contract with GPT Group for its enterprise procurement management platform. GPT is Felix's first cornerstone customer in the real estate sector, representing significant expansion into a new and high value industries. In line with the Company's growth strategy, Felix continues to leverage the strong traction of its platform across initial focus sectors of commercial construction and engineering into new and adjacent industries.

The contract with GPT demonstrates Felix's broad applicability across those sectors with large and complex procurement processes. The contract will generate an additional $300,000 of ARR, equivalent to approximately 7% of total contracted ARR, with a total contract value of $900,000 over 3 years.