The board (Board) of directors (Directors) of the Global Mastermind Holdings Limited announced that shareholders (Shareholders) of the Company and potential investors that based on the unaudited consolidated management accounts of the Group and the information currently available, the loss of the Group for the year ended 31 December 2022 (FY 2022) is expected to decrease by around 9% to 15% as compared to the loss of HKD 183.1 million for the year ended 31 December 2021 (FY 2021).