The board of directors of First Service Holding Limited informed the shareholders of the Company and potential investors that based on the assessment of the latest information currently available to the Board and a preliminary review of the unaudited consolidated management accounts of the Group for the year ended December 31, 2020, the Group is expected to record an increase of not less than 40% in adjusted profit attributable to equity shareholders of the Company (which is a non-IFRS measurement and is calculated by excluding the effect of one-off listing expenses) during the Period as compared to that of the corresponding period in 2019.