The Board of Unity Enterprise Holdings Limited was informed that a fatal accident had occurred on 8 October 2021 at the site of Beverly Hill, 6 Broadwood Road, Happy Valley, at which the company was engaged to provide repair, maintenance, alteration and addition (RMAA) works to the external wall and carpark of the Site. One construction worker, being an employee of another sub-contractor working at the Site, sustained fatal injury upon the collapse of the bamboo scaffolding at the Site. After making due enquiry by the Directors, the Group was not responsible for the set-up and maintenance of the bamboo scaffolding at the Site and the deceased construction worker was not employed by the Group or its subcontractors. The Group was subsequently informed that in light of the Accident, the Labour Department had issued suspension notice to the main contractor for suspending works at the Site, in accordance with the Occupational Safety and Health Ordinance (Chapter 509 of the Laws of Hong Kong). The total estimated revenue to be derived by the Group for carrying RMAA works at the Site for the financial year ending 31 December 2021 was approximately HKD 84.0 million and the RMAA works were originally expected to be completed in the first quarter of 2022. As at the date of this announcement, there is insufficient information available to the Board as to when the Suspension will be lifted and the Group may resume work at the Site. Given the Suspension of works at the Site, the Board would like to inform the shareholders of the Company and potential investors that, due to the delay in progress of the project and based on the information available, the Board is of the opinion that the Accident may result in adverse impact on the financial position or results of the Group during the financial year ending 31 December 2021.