The Board of FIH Mobile Limited informed shareholders of the Company and potential investors that, after further assessment of the Group's latest unaudited management accounts and other relevant information currently available, the Company currently expects the Group to record a consolidated net loss for First Half of 2023 which is likely to be significantly bigger than the Group's consolidated net loss of around USD 23.82 million for the six months ended 30 June 2022. Because of the factors referred to below (amongst others), however, it is not reasonably possible at present for the Company to provide a more precise indication of the Group's likely interim results for First Half of 2023. The Company will keep matters under close review as the second quarter of 2023 progresses, and will make further announcement(s) in compliance with the Listing Rules and/or the SFO, as appropriate.