The board (the "Board") of directors (the "Directors") of Alpina Holdings Limited (the "Company" and together with its subsidiaries, the "Group") announced an update on the new contracts that were secured by the group during the six-month period ended 31 December 2023: One (1) term contract for the provision of building services maintenance for a university in Singapore with a provisional contract Sum of approximately SGD 20.0 million, which is expected to be completed by March 2029. Two (2) term contracts for the provision of minor electrical services and works for a private company in Singapore with a total provisional contract sum of approximately SGD 0.9 million, which are expected to be completed by October 2025. One (1) term contract For the provision of maintenance and upgrading works of park facilities for a statutory board of the Singapore Government with a provisional contract sum of approximately SGD 3.4 million, which is expected to been completed by August 2026.

Two (2) contracts for the provision of mechanical and electrical cyclical improvement works for a multi storey carpark for a statutory board of the Singapore Government with a provisional contract sum the provisional contract sum of approximately SGD 7.7 million, which is expected to is expected to be completed by September 2025. One (1) contract for the replacement of mechanical and electrical system, street and flood lights for a statutory board of the Singapore Government with a provisional contract sum of approximately SGD 1.9 million, which is expected to be completed by February 2025. One (1) contract for the upgrading of lightings at a carpark, staircases, mechanical and electrical rooms, common area and facilities for a private company in Singapore with a provisional contract sum of approximately SGD 0.3 million, which is expected to be completed by April 2024.