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SINGAPORE, July 30, 2026 (GLOBE NEWSWIRE) -- Rectitude Holdings Ltd (the “Company” or “Rectitude”), a Singapore-based provider of safety equipment and related industrial-grade hardware products, today announced its financial results for the fiscal year ended March 31, 2026. Fiscal Year ended March 31, 2026, Full Year Highlights (amounts in US$): Revenues for the fiscal year ended March 31, 2026, increased 21.99%. Gross profit margin decreased to 32.17% of revenue, down 148 basis points. Selling and marketing expenses increased $560,001. Research and development expenses decreased to nil. General and administrative expenses decreased $265,065. Net income was $2.78 million, or $0.19 per diluted share, for the fiscal ended March 31, 2026, compared to net income of $1.66 million, or $0.12 per diluted share, for the fiscal year ended March 31, 2025. EBITDA for the fiscal year ended March 31, 2026, was $5.47 million, an increase of $2.08 million from $3.39 million in the prior year period. * Note on Convenience Translations and Foreign Currency Movements: Financial metrics for the fiscal years ended March 31, 2025 and 2026, were translated from Singapore Dollars (S$) into U.S. Dollars ($) solely for the reader's convenience. Income statement items were translated at the average exchange rates of US$1.00 = S$1.3381 and US$1.00 = S$1.2871 for FY 2025 and FY 2026, respectively. Balance sheet items were translated at the period-end spot rates of US$1.00 = S$1.3445 (as of March 31, 2025) and US$1.00 = S$1.2901 (as of March 31, 2026). Due to exchange rate fluctuations between reporting periods, year-over-year percentage changes calculated using U.S. Dollar amounts will differ from year-over-year percentage changes calculated in Singapore Dollars, the Company's functional currency. “Fiscal 2026 was a historic year of growth and operational execution for Rectitude, marked by record performance across revenue, net income, and EBITDA. They were our strongest financial metrics since becoming a publicly traded company in 2024. Our results were further propelled by highly active local market conditions, as surging public infrastructure and residential project pipelines across Singapore drove strong demand for both our safety solutions and flagship products like our All-in-one Intelligent Micro-grid System (AIMS),” said Mr. Jian Zhang, Chairman, Chief Executive Officer, and Executive Director at Rectitude. “The strategic investments we made in expanding our branch network, expanding logistics, and scaling clean energy innovations are yielding substantial returns. As we carry this momentum forward, we remain dedicated to capitalizing on robust construction tailwinds, providing reliable equipment to our job site partners, and driving maximum value for our shareholders.” Revenues For the fiscal year ended March 31, 2026, total revenues were $39.74 million, representing an increase of approximately $7.16 million, or 21.99%, from $32.57 million for the fiscal year ended March 31, 2025. The increase was primarily driven by key supply agreements for AIMS equipment, expanded market demand for existing and newly launched product lines, and strategic growth initiatives, including a new branch opening and collaborative partnerships. Cost of Revenues For the fiscal year ended March 31, 2026, cost of revenues was $26.96 million, representing an increase of approximately $5.34 million, or 24.72%, from $21.61 million for the fiscal year ended March 31, 2025. The increase in cost of revenue was driven by higher sales volumes associated with overall business growth, partially offset by ongoing product sourcing and cost-optimization efforts. Gross profit Gross profit for the fiscal year ended March 31, 2026, was $12.78 million, representing 32.17% of operating revenues, compared to gross profit of $10.96 million, representing 33.65% of operating revenues, for the fiscal year ended March 31, 2025. The increase in gross profit was mainly driven by overall top-line revenue growth, while the decrease in gross profit margin was due to competitive pricing pressures, partially offset by cost-optimization initiatives. Selling and marketing expenses Selling and marketing expenses primarily included expenses related to advertising and marketing activities and costs associated with our retail branches, which included labor costs, sales commissions and operating lease expenses. For the fiscal year ended March 31, 2026, selling and marketing expenses were $4.13 million, representing an increase of $560,001, or 15.69%, from $3.57 million in the prior year period. This increase was primarily driven by higher sales volume in line with revenue growth, which resulted in increased sales commissions, marketing support, transportation, packaging, and other distribution costs necessary to support the higher level of business. Research and development expenses Research and development expenses primarily consisted of compensation cost to engineering, design and product development employees and software expenses. For the fiscal year ended March 31, 2026, research and development expenses were nil, compared to $116,733 for the fiscal year ended March 31, 2025. The decrease to nil was primarily due to ongoing R&D projects that incurred no additional cost during the quarter. General and administrative expenses General and administrative expenses consisted primarily of motor vehicle running expenses, transportation, property maintenance and property tax, allowance for expected credit losses and general administrative expenses such as staff costs, depreciation, legal and professional fees and other miscellaneous administrative expenses. For the fiscal year ended March 31, 2026, general and administrative expenses were $5.35 million, representing a decrease of $265,065, or 4.72%, from $5.61 million in the prior year period. The decrease was driven by cost control initiatives and improved operational efficiencies, including lower professional fees, reduced office expenses, and streamlined administrative processes. Net Income As a result of the factors described above, net income for the fiscal year ended March 31, 2026, was approximately $2.78 million, representing an increase of $1.12 million, or 67.25%, from $1.66 million for the fiscal year ended March 31, 2025. Earnings per Share - Basic and Diluted Earnings per basic and diluted share for the fiscal year ended March 31, 2026, was $0.19, representing an increase of $0.07 from $0.12 for the fiscal year ended March 31, 2025. EBITDA The Company also views earnings before interest, taxes, depreciation and amortization, (EBITDA) as an important measure of the results of operations. For the fiscal year ended March 31, 2026, EBITDA was $5.47 million, representing an increase of approximately $2.08 million from $3.39 million in the prior year period. The increase in EBITDA was primarily driven by an increase in profitability, partially offset by increases in interest, depreciation and amortization expenses. Outlook Looking ahead to Fiscal Year 2027, Mr. Zhang commented, “Building on our historic performance in Fiscal 2026, we enter the new fiscal year with strong operational momentum, supported by a vibrant construction market in Singapore and robust demand across our product lines.” “Over the past year, we delivered directly on the strategic promises we made to our shareholders, scaling our All-in-one Intelligent Micro-grid System (AIMS) to power low-carbon construction sites, while formally establishing the Rectitude Succession Bridge (RSB) which provides a structured, risk-mitigated 'incubate-to-acquire' path for retiring first-generation SME owners. As we move into Fiscal 2027, we expect continued double-digit growth momentum for AIMS and further expansion of our RSB ecosystem across Southeast Asia.” “Grounded in the core operational principles that have guided Rectitude for over 26 years, we remain focused on disciplined execution to drive sustainable growth and maximize long-term value for our shareholders,” Mr. Zhang concluded. About Rectitude Holdings Ltd Founded in 1997 in Singapore, Rectitude is principally involved in the provision of safety equipment, encompassing essential items such as personal protective clothing, gloves, safety footwear, personal fall arrest systems, portable fire extinguishers and traffic products. The Company also offers auxiliary products such as industrial hardware tools and electrical hardware required for construction sites. Rectitude’s products and solutions are marketed to a wide array of distributor networks and end markets, both in Singapore and increasingly throughout the Southeast Asian region, including Brunei, Cambodia, Malaysia, Indonesia, and Vietnam. For more information, please visit the Company’s website: https://ir.rectitude.com.sg Forward-Looking Statements Certain statements in this press release are forward-looking statements, including, but not limited to, statements regarding the Company's future financial performance, outlook, business strategy, plans, and market opportunities. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may,” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's Annual Report on Form 20-F for the fiscal year ended March 31, 2026, and its other filings with the U.S. Securities and Exchange Commission. For investor and media inquiries, please contact: Rectitude Investor Relations Email: [email protected] Jackson Lin LLYCPhone: +1 (646) 717-4593 Email: [email protected]

SINGAPORE, July 31, 2025 (GLOBE NEWSWIRE) -- Rectitude Holdings Ltd (the “Company” or “Rectitude”), a Singapore-based provider of safety equipment and related industrial-grade hardware products, today announced its financial results for the full year ended March 31, 2025. Fiscal Year ended March 31, 2025 Full Year Highlights (amounts in US$ unless otherwise noted): Revenues for the fiscal year ended March 31, 2025, in Singapore Dollars, increased 5.91%. Gross profit margin decreased to 33.65% of revenues, down 192 basis points. Selling and marketing expenses in Singapore Dollars, increased S$1.38 million. Research and development expenses in Singapore Dollars increased S$0.08 million. General and administrative expenses in Singapore Dollars, increased S$0.51 million. Net income was $1.66 million, or $0.12 per diluted share, for the fiscal ended March 31, 2025. In Singapore Dollars, net income was S$2.24 million, or S$0.16 per diluted share, for the fiscal ended March 31, 2025, compared to net income of S$3.36 million, or S$0.27 per diluted share, for the fiscal year ended March 31, 2024. EBITDA for the fiscal year ended March 31, 2025, was $3.39 million. In Singapore Dollars, EBITDA decreased to S$4.56, from S$5.88 million in the prior year period. “Fiscal 2025 was a challenging year from an earnings perspective, but our focus on growing Rectitude’s business for the long term will provide enhanced prospects for returns on the investments we made this year in new product launches in potable power as well as new branches to enhance distribution and customer service,” said Mr. Jian Zhang, Chairman, Chief Executive Officer, and Executive Director at Rectitude. “Our new All-in-one Intelligent Micro-grid System (AIMS) battery storage system provides an innovative, clean energy solution for a variety of locations presenting a solution for consistent energy in remote job sites while also benefiting the environment with lower emissions. We will continue to invest in innovative solutions that provide enhanced solutions to our customers and drive enhanced value to our shareholders.” Revenues For the fiscal year ended March 31, 2025, total revenues were $32.57 million. In Singapore Dollars, revenues were S$43.80 million and S$41.35 million for the respective fiscal years ended March 31, 2025 and 2024. The increase was primarily driven by increased customer demand for safety equipment with higher construction activity within the Company’s markets. Cost of Revenues For the fiscal year ended March 31, 2025, cost of revenues was $21.61 million. In Singapore Dollars, for the fiscal years ended March 31, 2025 and 2024, cost of revenues were S$29.06 million and S$26.65 million, respectively. The increase in cost of revenue was driven by the increase of revenue during the year, as well as a mixed shift toward higher-cost products and the commercial launch of the AIMS system. Gross profit Gross profit for the fiscal year ended March 31, 2025 was $10.96 million, representing 33.65% of operating revenues. In Singapore Dollars, gross profit for the fiscal years ended March 31, 2025 and 2024 was S$14.74 million and $14.71 million, representing 33.65% and 35.57% of operating revenues, respectively. The slight increase in gross profit was mainly due to increased sales volume, while the decrease in gross profit margin was due to an unfavorable shift in product mix as well as freight costs and the commercial launch of AIMS. Selling and marketing expenses Selling and marketing expenses primarily included expenses related to advertising and marketing activities and costs associated with our retail branches, which included labor costs, sales commissions and operating lease expenses. For the fiscal year ended March 31, 2025, selling and marketing expenses were $3.57 million. In Singapore Dollars, for the fiscal years ended March 31, 2025 and 2024, selling and marketing expenses were S$4.80 million and S$3.42 million respectively. This increase was primarily due to rising costs associated with expanding retail branches including an increase in the number of branch employees, which is expected to continue in the next year. Research and development expenses Research and development expenses primarily consisted of compensation cost to engineering, design and product development employees and software expenses. For the fiscal year ended March 31, 2025, research and development expenses were approximately, $117,000. In Singapore Dollars, for the fiscal years ended March 31, 2025 and 2024, research and development expenses were approximately, S$157,000 and S$76,000 respectively. The increase was primarily due to costs associated with the development and launch of the AIMS portable power system as well as continued investment in the integration of virtual reality technology into our safety training systems. General and administrative expenses General and administrative expenses consisted primarily of motor vehicle running expenses, transportation, property maintenance and property tax, allowance for expected credit losses and general administrative expenses such as staff costs, depreciation, legal and professional fees and other miscellaneous administrative expenses. For the fiscal year ended March 31, 2025, general and administrative expenses were $5.61 million. In Singapore Dollars, for the fiscal years ended March 31, 2025 and 2024, general and administrative expenses were S$7.55 million and S$7.04 million respectively. The increase was mainly due to an increase in provision for allowance for expected credit losses to third parties as well as other increased administrative expenses to support business growth. Net Income As a result of the factors described above, net income for the fiscal year ended March 31, 2025 was approximately $1.66 million. In Singapore Dollars, net income for the fiscal years ended March 31, 2025 was approximately S$2.24 million, compared to net income of S$3.36 million, for the fiscal year ended March 31, 2024. Earnings per Share - Basic and Diluted Earnings per basic and diluted share for the fiscal year ended March 31, 2025 was $0.12. In Singapore Dollars, earnings per basic and diluted share for the fiscal year ended March 31, 2025 was S$0.16, compared to S$0.27 for the same period of 2024. EBITDA The Company also views earnings before interest, taxes, depreciation and amortization, (EBITDA) as an important measure of the results of operations. For the fiscal year ended March 31, 2025, EBITDA was $3.39 million. In Singapore dollars, EBITDA decreased to S$4.56 million, from S$5.88 million during the same period. The decrease in EBITDA was primarily driven by lower net income and taxes, partially offset by increases in interest, depreciation and amortization expenses. Outlook Contemplating the Company’s Outlook for Fiscal Year 2026, Mr. Zhang commented, “We look forward to another exceptional year of growth and strong operating performance for Rectitude. In the last 12 months, we have delivered on our clearly articulated strategy, extending beyond our core business to capture value across the safety equipment supply chain. We have successfully launched our AIMS system to support our customers’ power needs in remote construction sites, which allow them to transition to a low-carbon and environmentally sustainable methods.” “We have the financial strength to provide a central business platform for first-generation owners of traditional businesses, who may be retiring without succession plans, to collaborate and use our business networks, resources and proprietary brands to expand their own businesses. This renders these business partners competitive in the evolving market landscape, while bringing synergy and more growth for Rectitude within our Southeast Asian markets.” “Most importantly, we maintain our focus on the core principles that have guided our Company for more than 26 years as we drive our performance to new heights,” Mr. Zhang concluded. About Rectitude Holdings Ltd Founded in 1997 in Singapore, Rectitude is principally involved in the provision of safety equipment, encompassing essential items such as personal protective clothing, gloves, safety footwear, personal fall arrest systems, portable fire extinguishers and traffic products. The Company also offers auxiliary products such as industrial hardware tools and electrical hardware required for construction sites. Rectitude’s products and solutions are marketed to a wide array of distributor networks and end markets, both in Singapore and increasingly throughout the Southeast Asian region, including Brunei, Cambodia, Malaysia, Indonesia, and Vietnam. For more information, please visit the Company’s website: https://ir.rectitude.com.sg Forward-Looking Statements Certain statements in this announcement are forward-looking statements, including, but not limited to, the Company's proposed Offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs, including the expectation that the Offering will be successfully completed. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the U.S. Securities and Exchange Commission. For investor and media inquiries, please contact: Rectitude Investor Relations Email: [email protected] Jackson Lin Lambert Global Phone: +1 (646) 717-4593 Email: [email protected]

SINGAPORE, March 27, 2025 (GLOBE NEWSWIRE) -- Rectitude Holdings Ltd (the “Company” or “Rectitude”), a Singapore-based provider of safety equipment and related industrial-grade hardware products, today announced its unaudited financial results for the six months ended September 30, 2024. Fiscal 2025 First Half Financial Results Compared to Fiscal 2024 First Half (amounts in U.S. dollars ($) unless otherwise noted): Revenues for the first six months of fiscal 2025 were $17.2 million. Revenues in Singapore Dollars, increased 7.89% to S$22.1 million, from S$20.5 million in the prior-year period. Revenue growth was driven by a S$5.6 million increase in safety equipment revenues, partially offset by a S$4.0 million decrease in auxiliary product revenues. Gross profit increased to S$7.7 million, from S$7.6 million in the prior year was primarily due to higher sales volumes and improved efficiencies, partially offset by pressures from increased procurement costs arising from customizable products made for customers and newly launched auxiliary products under the DADE brand. Gross profit margin decreased to 34.74% of revenue, from 36.96% of revenue in the prior year as a result of the factors noted above. Selling and marketing expenses in Singapore Dollars, increased by S$0.5 million to S$2.5 million, due to opening of new branches and their associated operating costs. General and administrative expenses in Singapore Dollars, increased by S$0.9 million to S$3.8 million due to increased costs associated with the Company’s initial public offering as well as ongoing public company costs. Net income was $0.9 million, or $0.06 per diluted share, for the fiscal first half ended September 30, 2024. In Singapore Dollars, net income was S$1.1 million, or S$0.08 per diluted share, for the fiscal first half ended September 30, 2024, compared to net income of S$2.1 million, or S$0.17 per diluted share, for the fiscal first half ended September 30, 2023. Adjusted EBITDA for the fiscal first half ended September 30, 2024, was $2.4 million. In Singapore Dollars, Adjusted EBITDA decreased slightly to S$3.2 million, compared to S$3.4 million in the prior year period. “The first six months of the fiscal year have marked by continued innovation for the Company as we seek to meet the evolving needs of our customers. As we continue to invest in developing new products, we are opening the door to new markets and an expanded customer relationships,” said Mr. Jian Zhang, Chairman, Chief Executive Officer, and Executive Director at Rectitude. “The tenacity and dedication of all our employees is evident in our continued revenue growth and customer satisfaction. As we look to the future, we are inspired by the opportunities ahead of us and how those affect our total addressable market. Continued investment in the Company, along with increasing our strategic presence across Singapore and Southeast Asia will strengthen our position in the market and enable Rectitude to maximize our shareholder value.” Revenues For the fiscal first half ended September 30, 2024, total revenues were $17.2 million. In Singapore Dollars, revenues were S$22.1 million and S$20.5 for the respective fiscal first half’s ended September 30, 2024 and 2023. The increase was primarily driven by stronger customer demand for safety equipment given the increased construction activity within the Company’s markets, partial offset by a decrease in auxiliary product revenues. Cost of Revenues For the fiscal first half ended September 30, 2024, cost of revenues was $11.2 million. In Singapore Dollars, for the fiscal first half ended September 30, 2024 and 2023, cost of revenues were S$14.4 million and S$12.9 million, respectively. The increase in cost of revenue was consistent with the increase of revenue during the year, however, procurement costs have increased, rising from customizable products made for customers and newly launched auxiliary products embodying the Company’s DADE brand. Gross profit and Gross profit margin Gross profit for the fiscal first half ended September 30, 2024, was $6.0 million, representing 34.74% of operating revenues. In Singapore Dollars, gross profit for the fiscal first half ended September 30, 2024 and 2023 was S$7.7 million and $7.6 million, representing 34.74% and 36.96% of operating revenues, respectively. The increase in gross profit was mainly due to higher sales volumes. The decrease in gross profit margin is mainly due to higher sales volumes offset by pressures from the increase in procurement costs arising from customizable products made for customers and newly launched auxiliary products under the DADE brand. Selling and marketing expenses Selling and marketing expenses primarily included expenses related to advertising and marketing activities and associated costs of our retail branches, which included labor costs, sales commissions and operating lease expenses. For the fiscal first half ended September 30, 2024, selling and marketing expenses were $1.9 million. In Singapore Dollars, for the fiscal first half ended September 30, 2024 and 2023, selling and marketing expenses were S$2.5 million and S$1.9 million respectively. The increase was primarily due to increase in salaries arising from new hires employed to run newly opened branches. Research and development expenses Research and development expenses primarily consisted of compensation cost to engineering, design and product development employees and software expenses. For the fiscal first half ended September 30, 2024, research and development expenses were $0.04 million. In Singapore Dollars, for the fiscal first half ended September 30, 2024 and 2023, research and development expenses were S$0.05 million and S$0.04 million respectively. The increase was primarily due to continued investment in new products and services to meet emerging customer demand. General and administrative expenses General and administrative expenses consisted primarily of motor vehicle operating expenses, transportation, property maintenance and property tax, allowance for expected credit losses and general administrative expenses such as staff costs, depreciation, legal and professional fees and other miscellaneous administrative expenses. For the fiscal first half ended September 30, 2024, general and administrative expenses were $3.0 million. In Singapore Dollars, for the fiscal first half ended September 30, 2024 and 2023, general and administrative expenses were S$3.8million and S$2.9 million respectively. The increase was mainly due to increased public company costs, including professional fees and compliance costs incurred related to the Company’s listing on NASDAQ. Net Income As a result of the factors described above, net income for the fiscal first half ended September 30, 2024 was approximately $0.9 million. In Singapore Dollars, net income for the fiscal first half ended September 30, 2024 was approximately S$1.1 million, compared to net income of S$2.1 million, for the fiscal first half ended September 30, 2023. Earnings per Share - Basic and Diluted Earnings per basic and diluted share for the fiscal first half ended September 30, 2024 was $0.06. In Singapore Dollars, earnings per basic and diluted share for the fiscal first half ended September 30, 2024 was S$0.08, compared to S$0.17 for the same period of 2023. Adjusted EBITDA The Company also views earnings before interest, taxes, depreciation and amortization, subject to specific adjustments (Adjusted EBITDA) as an important measure of the results of operations. For the fiscal first half ended September 30, 2024, Adjusted EBITDA was $2.4 million. In Singapore dollars, Adjusted EBITDA decreased slightly to S$3.2 million, from S$3.4 million during the same period. The decrease was primarily driven by compliance costs and professional fees incurred related to the Company’s listing on NASDAQ. Outlook Contemplating the Company’s Outlook for the second half of Fiscal Year 2025, Mr. Zhang commented, “We look forward to start the fiscal second half with stronger growth in Rectitude with our Energy and Power Storage Products to increase workplace safety for users. We will focus on growing our revenue as we continue expanding our presence within the Southeast Asian markets we serve. We remain committed to the core principles that have guided our Company throughout its history, setting the foundation for increased growth and returns over the long term.” About Rectitude Holdings Ltd Founded in 1997 in Singapore, Rectitude is principally involved in the provision of safety equipment, encompassing essential items such as personal protective clothing, gloves, safety footwear, personal fall arrest systems, portable fire extinguishers and traffic products. The Company also offers auxiliary products such as industrial hardware tools and electrical hardware required for construction sites. Rectitude’s products and solutions are marketed to a wide array of distributor networks and end markets, both in Singapore and increasingly throughout the Southeast Asian region, including Brunei, Cambodia, Malaysia, Indonesia, and Vietnam. The Company has also posted an earnings presentation to its website which can be found here: https://ir.rectitude.com.sg/presentations/ For more information, please visit the Company’s website: https://ir.rectitude.com.sg. Forward-Looking Statements Certain statements in this announcement are forward-looking statements, including, but not limited to, the Company's proposed Offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs, including the expectation that the Offering will be successfully completed. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the U.S. Securities and Exchange Commission. For investor and media inquiries, please contact: Rectitude Investor Relations Email: [email protected] Zachary Mizener Lambert by LLYC Phone: +1 (313) 309-9500 Email: [email protected]