SINGAPORE, May 28, 2025 — Primech A&P, a unit of Primech Holdings Limited (Nasdaq: PMEC), a Singapore-based technology-driven facility services firm for both public and private sectors, announced that it has secured new contracts and extensions worth over $2.59 million for the first quarter of 2025.

The new contracts and extensions include:

• A two-year contract (January 2025 to December 2026) valued at $774,470 for cleaning and housekeeping in public areas at a major international hotel chain in Singapore’s Orchard Road.
   
• A two-year contract (April 2025 to March 2027) valued at $676,150 for comprehensive cleaning at a luxury residential condominium.
   
• A six-month extension (January to June 2025) valued at $563,620 for specialized cleaning at a popular themed food area within a major Singapore tourist attraction.
   
• A one-year contract (May 2025 to April 2026) valued at $257,540 for cleaning services at an upscale residential condominium in Singapore.
   
• A four-month extension (January to April 2025) valued at $168,150 for public area cleaning at a prestigious international hotel in Singapore’s Central Business District.
   
• A one-year contract (January 2025 to January 2026) valued at $148,230 for cleaning services at a mid-sized residential condominium, expanding Primech’s residential services.

Mr. Khazid Omar, COO of Primech A&P, said, “We are pleased to announce these significant new contracts and extensions across various sectors. These agreements show our clients’ trust in our service quality and our focus on growing in the premium residential and hospitality markets. We are dedicated to providing excellent, customized facility services by integrating advanced technologies. These contracts provide a solid base for our growth in 2025 and beyond.”

About Primech Holdings Limited

Primech Holdings Limited, headquartered in Singapore, is a leading provider of technology-driven facilities services, serving both public and private sectors in Singapore. Primech Holdings offers a wide array of services to meet the complex needs of its diverse clients. These services include advanced general facility maintenance, specialized cleaning like marble polishing and facade cleaning, stewarding, and targeted cleaning for offices and homes. Known for its dedication to sustainability and technology, Primech Holdings uses eco-friendly practices and smart technology to improve efficiency and client satisfaction. This positions Primech Holdings as an industry leader and a proactive force in advancing industry standards in Singapore and beyond. For more information, visit .    

Forward-Looking Statements

This announcement contains forward-looking statements, including statements about the acquisition, revenues, growth, and expansion. These statements involve risks and uncertainties and are based on current expectations and projections about future events that may affect the Company’s financial condition, results of operations, business strategy, and financial needs. They are also based on assumptions regarding the Company’s present and future business strategies and the environment in which it will operate. These statements can be identified by terms such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to,” and similar expressions. The Company is not obligated to update or revise any forward-looking statements to reflect new events or changes in expectations, except as required by law. While the Company believes these expectations are reasonable, it cannot guarantee their accuracy. The Company advises investors that actual results may differ materially from anticipated results and encourages reviewing other factors in the Company’s registration statement and SEC filings that may affect future results.

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Matthew Abenante, IRC
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