FBS Global Limited’s ordinary shares will continue to be traded on the Nasdaq Capital Market, and the receipt of the notice does not affect the company’s listing on the exchange.

SINGAPORE, May 20, 2025 — FBS Global Limited (NASDAQ: FBGL) announced receiving a notice (the “Notice”) from Nasdaq Stock Market LLC (“Nasdaq”) indicating that FBGL doesn’t meet the minimum bid price of $1.00 per share required for continued listing on the Nasdaq Capital Market, as per Nasdaq Listing Rules (the “Minimum Bid Price Requirement”). The notice gives the Company 180 days, until November 10, 2025 (the “Compliance Deadline”), to regain compliance. This requires the closing bid price of its ordinary shares (the “Ordinary Shares”) to be at or above $1.00 for at least ten consecutive business days.

The notice doesn’t immediately impact the listing of the company’s ordinary shares, which will continue to trade on The Nasdaq Capital Market under the symbol “FBGL”. The company plans to monitor the closing bid price of its ordinary shares and may consider available options to regain compliance with the Minimum Bid Price Requirement, including a reverse stock split (share consolidation). If compliance isn’t achieved by the Compliance Deadline, an additional 180-day period may be granted, as per Nasdaq Listing Rules.

About FBS Global Limited

FBS Global Limited, based in Singapore, is a green building contractor and interior fit-out specialist with over 20 years of experience in institutional, residential, commercial, and industrial building projects. As a green contractor, the company focuses on environmentally sound practices, aiming to bid for green building projects and use green construction methods and materials. These include the design, supply, and installation of ceilings, partitions, timber decks, carpets, lead lining, acoustic wall paneling, built-in furniture, and mechanical and electrical services. Green construction methods and materials reduce energy, water, and material resource usage, thus minimizing environmental impact. The company also seeks to use green materials made of recycled, recyclable, and/or sustainably sourced materials.

Additional information about the Company is available at .

Forward-Looking Statements

This announcement contains forward-looking statements involving known and unknown risks and uncertainties. These statements are based on the company’s current expectations and projections regarding future events that may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements can be identified by terms such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue,” or similar expressions. The company is not obligated to update or revise any forward-looking statements to reflect subsequent events or changes in expectations, except as required by law. While the company believes these expectations are reasonable, it cannot guarantee their accuracy. Investors are cautioned that actual results may differ materially from anticipated results and are encouraged to review other factors that may affect future results in the company’s registration statement and other filings with the SEC, available at .

Contact:

FBS Global Limited
Tel: +65 6285778
Email:

“`