2022 Net Profit Attributable to Shareholders of the Company Expected to be between HK$550 Million and HK$600 Million, Significant Year-on-Year Growth of between 43.6% and 56.7%

HONG KONG SAR - Media OutReach - 9 January 2023 - Impro Precision Industries Limited ("Impro" or the "Group" or the "Company") (Stock Code: 1286), a world-leading manufacturer of high-precision, high-complexity and mission-critical components, is pleased to announce that the Group expects to record a net profit attributable to shareholders of the Company in the range of HK$550 million to HK$600 million for FY2022, which represents a significant year-on-year growth of between 43.6% and 56.7% as compared with a net profit attributable to shareholders of the Company of HK$383 million for the same period in 2021.