PMEC

Primech Holdings Ltd

Significant contract adds long-term revenue visibility and strengthens positioning in critical public infrastructure and high-volume environments SINGAPORE, April 02, 2026 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC) (“Primech” or the “Group”), through its subsidiary Primech A & P Pte. Ltd. (“Primech A & P”), today announced the successful award of a major public sector contract to provide integrated cleaning services across six prominent hawker and food centres in Singapore. The contract carries a total value of approximately US$24.0 million over a 4+1-year performance-based term, strengthening the Group’s recurring revenue base and long-term earnings visibility. This contract reinforces Primech’s established position within Singapore’s environmental services sector and highlights its proven ability to secure and execute large-scale public infrastructure mandates. It further reflects the Group’s track record of delivering consistent, high-quality cleaning solutions, increasingly supported by technology-driven operational efficiencies. Comprehensive, Performance-Based Service Scope Under the contract, Primech A & P will deliver a fully integrated suite of cleaning and facility support services across all six locations, including general cleaning and maintenance, toilet cleaning and sanitation, table-cleaning services, Centralised Dishwashing Services (CDW), pest control management, and full compliance with Singapore’s GreenGov sustainability standards. The breadth of services positions Primech as a single-source operator for high-traffic public environments, enabling operational consistency, cost efficiency, and scalable service delivery across multiple sites. The contract is structured with a strong emphasis on innovation, automation, data-driven performance management and operational excellence, incorporating: Cleaning Process Automation (CPA) to enhance labour productivity and improve service consistency. Cleaning Management Systems (CMS) to enable real-time monitoring, performance tracking, and data-driven decision-making. Deployment of advanced technologies to optimize workforce allocation, elevate service standards, and support margin expansion over time. Strengthening Market Position Through Innovation This contract underscores Primech’s strategic focus on integrating automation and digital infrastructure into its core service delivery model, aligning with Singapore’s broader shift towards smart, green urban infrastructure. The inclusion of advanced technologies and real-time management systems reflects the Group’s ability to operationalize innovation at scale within complex, high-traffic public settings. By embedding automation and data-driven oversight into daily operations, Primech is strengthening its competitive positioning while enhancing productivity, service consistency, and long-term margin potential. This approach positions the Group to capitalize on the ongoing transformation of the environmental services sector toward higher-efficiency, technology-enabled solutions. “This award reflects our strong capabilities to consistently secure and deliver large-scale, integrated cleaning contracts supported by technology-driven operations,” said Ken Chang, Head of Operations at Primech A & P. It reinforces the trust placed in Primech as a long-term partner in maintaining critical public infrastructure, while demonstrating our capability to execute efficiently at scale. With this latest contract, Primech continues to expand its order book, strengthening revenue visibility and reinforcing a growing base of recurring income streams. The Group remains well-positioned to capture increasing demand for integrated, performance-based environmental services, supported by its ability to deliver at scale across high-density public infrastructure environments both in Singapore and the broader region. About Primech Holdings Limited Headquartered in Singapore, Primech Holdings Limited is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com. Forward-Looking Statements Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. 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. These forward-looking statements are also based on assumptions regarding the Company's present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "likely to" 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 that such expectations will be correct. 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 SEC. Company Contact: Email: ir@primech.com.sg

Multi-year partnership establishes an initial trial phase and graduated minimum order commitments, strengthening Primech AI’s international commercialization strategy in a robotics-forward market SINGAPORE, March 23, 2026 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. (“Primech AI” or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced a distribution agreement to expand HYTRON into South Korea, a partnership expected to generate approximately US $4.08 million in projected revenue over three years while establishing a scalable commercial footprint in one of Asia’s most advanced automation markets. Under the agreement, the partner will serve as Primech AI’s authorized distributor in South Korea, leading localized marketing, sales, deployment, and technical support for Hytron to drive commercial adoption and support scalable deployment across the territory. The partnership follows a structured rollout beginning with an initial trial phase, after which the distributor may transition into an exclusive multi-year distribution arrangement with defined minimum order commitments, providing a clear pathway to scaled deployment upon successful market validation. Based on the agreed minimum order quantities and unit pricing, the agreement is expected to generate approximately US$4.08 million in cumulative revenue over three years, comprising an initial trial order followed by contractually structured increasing annual commitments. “Our expansion into South Korea represents a meaningful step in scaling HYTRON’s international commercialization,” said Charles Ng, Chief Operating Officer of Primech AI. “ With a structured distribution model and a capable local partner, we are well-positioned to accelerate adoption of our Hytron robots in a market that is highly receptive to automation and smart facility solutions, whole building a foundation for long-term scalable deployment.” South Korea represents a highly attractive market for robotics and automation, driven by strong technology adoption and increasing demand for productivity-enhancing solutions in facilities management. Through this collaboration, Primech AI aims to establish a scalable in-market presence, leveraging localized support and expertise to drive efficient deployment and consistent service delivery. The distributor will also manage local certification requirements and provide on-the-ground customer support, helping to streamline market entry, accelerate deployment timelines, and ensure consistent operational performance in the market. Hytron leverages advanced AI and automation technologies to deliver consistent, efficient, and high-quality restroom cleaning in commercial environments, helping organizations address labor constraints while improving hygiene standards. For further enquiries, please contact: Primech AI Pte. Ltd. directenquiries@primech.com.sg – General enquiries partnerships@primech.com.sg – Partnership-related matters About Primech AI Primech AI is a leading robotics company dedicated to pushing the boundaries of innovation in technology. With a team of passionate individuals and a commitment to collaboration, Primech AI is poised to revolutionize the robotics industry with groundbreaking solutions that make a meaningful impact on society. For more information, visit www.primech.ai. About Primech Holdings Limited Headquartered in Singapore, Primech Holdings Limited is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com.  Forward-Looking Statements Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. 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. These forward-looking statements are also based on assumptions regarding the Company's present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "likely to" 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 that such expectations will be correct. 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 SEC. Company Contact: Email: ir@primech.com.sg

Primech AI deepens commercial adoption with leading Singapore FM firm. Partnership marks Singapore’s major step toward automated hygiene management in public and commercial spaces SINGAPORE, March 12, 2026 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. (“Primech AI” or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced a leasing agreement with CBM Pte Ltd (“CBM”), a leading facilities-management company in Singapore. Under the partnership, CBM will deploy Primech AI’s flagship Hytron autonomous bathroom cleaning robots across its managed properties to enhance cleaning consistency, efficiency, and hygiene standards. The agreement provides flexibility for scaling deployments after an initial trial period and includes full installation, training, and maintenance support from Primech AI. “CBM’s adoption of our Hytron technology demonstrates growing market confidence in autonomous cleaning solutions,” said Charles Ng, Chief Operating Officer of Primech AI. “Our robots are already proving their ability to raise service standards while easing the industry’s labor shortage.” Each Hytron unit leverages edge-AI computing powered by NVIDIA technology, enabling real-time decision-making and navigation in complex environments. “With Singapore’s strong push for technology-driven productivity, partnerships like this set the stage for broad commercial adoption,” said Kin Wai Ho, Chief Executive Officer of Primech Holdings. “Combining public-sector support through the ESG Productivity Solutions Grant with private-sector innovation creates a sustainable path for scaling smart-cleaning operations.” This collaboration reflects a wider trend toward ESG-aligned automation within facilities management, as organizations balance rising hygiene expectations with manpower constraints. For further enquiries, please contact: Primech AI Pte. Ltd. directenquiries@primech.com.sg – General enquiries partnerships@primech.com.sg – Partnership-related matters About Primech AI Primech AI is a leading robotics company dedicated to pushing the boundaries of innovation in technology. With a team of passionate individuals and a commitment to collaboration, Primech AI is poised to revolutionize the robotics industry with groundbreaking solutions that make a meaningful impact on society. For more information, visit www.primech.ai. About Primech Holdings Limited Headquartered in Singapore, Primech Holdings Limited is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com. About CBM Pte Ltd Established more than five decades ago, CBM Pte Ltd is a pioneer in Singapore’s facilities-management industry, known for delivering integrated solutions that combine engineering expertise, cleaning and maintenance, security, and logistics under one roof. Its clients span government agencies, commercial buildings, hospitals, and transport facilities. CBM continues to invest in smart and sustainable technologies to raise service standards and address the country’s manpower challenges in the built-environment sector. Forward-Looking Statements Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. 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. These forward-looking statements are also based on assumptions regarding the Company's present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "likely to" 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 that such expectations will be correct. 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 SEC. Company Contact: Email: ir@primech.com.sg

Primech Holdings shares are trading higher after securing about $33 million in multi-year service contracts with a Singaporean university.read more...

Four-Year University Mandates Strengthen Revenue Visibility, Institutional Positioning, and AI-Driven Automation Strategy SINGAPORE, March 05, 2026 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC), an established technology-driven facility solutions service provider serving public and private sectors across Singapore, today announced that its subsidiaries have secured approximately US$33 million in aggregate multi-year institutional service contracts with one of Singapore’s most prestigious and globally recognized universities. The contracts span two major campus zones over a four-year term and encompass comprehensive cleaning services and on-site waste management. The awards materially expand Primech’s long-term institutional portfolio and add meaningful recurring revenue visibility through 2030. Strengthening Predictable Revenue Base With a total contract value of approximately US$33 million over four years, the engagements enhance Primech’s forward revenue pipeline and reinforce the Company’s strategy of securing structured, multi-year institutional mandates. Institutional contracts of this scale provide: Multi-year revenue certainty Stable cash flow generation Increased operating leverage across existing infrastructure Expanded opportunities for technology-driven margin enhancement The awards further deepen Primech’s penetration within Singapore’s higher education segment, a sector characterized by high operational standards, dense daily foot traffic, and long-term outsourcing relationships. Scaled Robotics Integration Across Institutional Campuses In support of these contracts, Primech will deploy a total of 45 autonomous cleaning robots across both campuses. This large-scale deployment reflects Primech’s ongoing transition from traditional facilities services towards technology-enabled, automation-driven operations. By embedding proprietary robotics into long-term service contracts, the Company aims to: Improve labor productivity amid ongoing manpower constraints Enhance service consistency and quality control Reduce reliance on variable labor inputs Increase long-term margin durability through automation The inclusion of HYTRON units in a major institutional setting also serves as a high-visibility commercial reference deployment for Primech AI’s expanding robotics platform. Digitalized, Data-Driven Service Model Operations across both campuses will be supported by digitalized management systems, incorporating: Real-time monitoring and performance dashboards Data-driven scheduling and manpower optimization Workflow automation Performance analytics and reporting This integrated model allows Primech to operate complex, high-traffic institutional environments with greater transparency, accountability, and sustainability alignment. Institutional Momentum and Long-Term Positioning These contract awards reinforce Primech Holdings’ established presence in Singapore’s institutional and public-sector markets while accelerating the Company’s broader strategy of integrating robotics and AI into core facilities operations. Management continues to focus on: Expanding recurring, multi-year service contracts Scaling robotics integration across large mandates Strengthening operating efficiency through automation Enhancing long-term shareholder value through disciplined growth The Company believes that the convergence of labor scarcity, rising compliance standards, and institutional demand for measurable service performance continues to create favorable structural tailwinds for technology-enabled facilities providers. About Primech Holdings Limited Headquartered in Singapore, Primech Holdings Limited (Nasdaq: PMEC) is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com. Forward-Looking Statements Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. 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. These forward-looking statements are also based on assumptions regarding the Company's present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "likely to" 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 that such expectations will be correct. 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 SEC. Company Contact: Email: ir@primech.com.sg

Strengthening Recurring Revenue Base Through Multiple Multi-Year Residential Contract Awards. SINGAPORE, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC), an established technology-driven facility services provider servicing public and private sectors primarily in Singapore, today announced that its subsidiary Primech A & P Pte. Ltd. (“Primech A & P”) has successfully secured a series of new residential cleaning and waste management service contracts with a total estimated value of approximately US$5,02 million. The newly awarded contracts comprise a mix of one-year, two-year, and three-year agreements, strengthening the Company’s recurring revenue base and enhancing forward revenue visibility. The scope of work includes comprehensive cleaning services and waste disposal management for multiple established residential developments across Singapore, further reinforcing Primech A & P’s position in the residential facilities management segment. Primech A & P has secured a diversified pipeline of residential contracts totaling approximately US$5.02 million, comprising: • Two three-year agreements valued at approximately US$1.08 million and US$1.24 million • One two-year agreement valued at approximately US$470,640 • Seven one-year agreements ranging from approximately US$193,584 to US$443,911 each This balanced contract duration profile enhances revenue stability and strengthens Primech A & P’s recurring income base over the next three financial years, supporting greater earnings visibility and financial resilience. These contract awards reflect continued confidence in Primech A & P’s operational execution, service reliability, and established presence within Singapore’s competitive residential facilities management sector. The wins further reinforce the Company’s reputation as a trusted service partner, supported by scalable manpower management capabilities, disciplined cost management, and consistent quality control standards. Driving Sustainable Growth With Singapore’s residential property sector continuing to generate steady demand for outsourced facilities management services, Primech Holdings Limited remains well positioned to capture incremental contract opportunities with both new and existing developments. The Company continues to invest in workforce training, operational efficiency initiatives, and service innovation to enhance productivity and support disciplined, scalable expansion. The newly secured contracts enhance Primech Holdings’ earnings visibility over the next three financial years and strengthen the Group’s recurring revenue base, providing a more stable foundation for sustainable growth and long-term shareholder value creation. About Primech Holdings Limited Headquartered in Singapore, Primech Holdings Limited (Nasdaq: PMEC) is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com. Forward-Looking Statements Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. 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. These forward-looking statements are also based on assumptions regarding the Company's present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "likely to" 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 that such expectations will be correct. 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 SEC. Company Contact: Email: ir@primech.com.sg

Award recognition, curated media inclusion, and qualified leads from 23 countries reinforce U.S. commercialization momentum for Primech’s autonomous robotics platform LAS VEGAS, Jan. 15, 2026 (GLOBE NEWSWIRE) -- Primech Holdings Ltd. (Nasdaq: PMEC) today provided a recap of its participation at CES 2026, where Hytron, the company’s flagship autonomous restroom cleaning robot developed by Primech AI, generated strong interest from enterprise facility operators, property managers, analysts, investors, and strategic partners evaluating next-generation automation solutions. Notably, a portion of enterprise attendees traveled to CES specifically to evaluate Hytron in person, including decision-makers from markets such as Canada, Mexico, Israel, and across the United States reflecting intentional interest beyond general exhibition traffic. CES 2026 brought together more than 4,100 exhibitors and over 148,000 attendees, including approximately 6,900 members of the global media, underscoring the scale and competitiveness of the event. Against this backdrop, Hytron received multiple forms of third-party validation, reinforcing its positioning as an enterprise-ready automation platform addressing labor-intensive facility operations. During the show, Hytron was named a TechRadar Pro CES Picks Award winner, recognizing the system’s real-world applicability, commercial readiness, and potential to transform hygiene operations in high-traffic commercial environments. Hytron was also featured in a curated CES floor tour segment on Havas Super Stream, a global platform highlighting technologies shaping the future of enterprise operations, infrastructure, and urban environments, and was covered across multiple additional media platforms through on-site interviews with international outlets, including discussions with media from markets such as South Korea, Hong Kong and Canada. Throughout CES 2026, Primech conducted live demonstrations of Hytron’s autonomous capabilities, including AI-powered navigation, robotic precision, and proprietary cleaning technology delivering greater than 99% bacterial reduction. Demonstrations and meetings at the company’s booth engaged decision-makers from healthcare systems, hospitality groups, transportation hubs, and large commercial venues seeking scalable solutions to address labor shortages, rising operating costs, and heightened hygiene standards. In parallel, Primech engaged with a highly qualified, global audience, capturing more than 350 leads across 23 countries. The majority of engagement came from senior enterprise decision-makers, including C-suite executives, vice presidents, directors, and facilities and operations leaders responsible for large commercial portfolios. Engagement also included analysts, investors, strategic partners, and U.S. policymakers, reflecting broader interest in Primech’s autonomous robotics platform and U.S. commercialization strategy. Discussions focused on proof-of-concept pilots, deployment timelines, and commercial rollout strategies, underscoring Hytron’s readiness for real-world adoption. “CES 2026 marked an important milestone for Primech as we deepened engagement with enterprise customers in the United States, one of our core strategic markets,” said Ken Ho, Chairman and Chief Executive Officer of Primech Holdings. “The combination of third-party recognition, curated visibility, and high-quality commercial discussions reinforced our confidence in Hytron’s market readiness and the role autonomous robotics will play in modern facility operations.” Primech’s CES participation follows a series of recent milestones, including a $4.0 million strategic investment from WELLE Environmental Group, a 200-unit fleet commitment with Swan Hygiene Solutions, a subsidiary of Savills, for deployment across Hong Kong and Macau, and expanding pilot deployments across Singapore. As the company prepares to begin mass production of Hytron in the first quarter of 2026, Primech is actively engaging enterprise customers through proof-of-concept pilot programs and is accepting preorders for commercial deployments. About Hytron Hytron is a fully autonomous AI-powered restroom cleaning robot developed by Primech AI to modernize commercial hygiene operations. The platform delivers consistent, repeatable sanitation across toilets, urinals, sinks, mirrors, and floors while reducing labor dependency and operational variability in high-traffic environments. About Primech AI Primech AI is a leading robotics company dedicated to pushing the boundaries of innovation in technology. With a team of passionate individuals and a commitment to collaboration, Primech AI is poised to revolutionize the robotics industry with groundbreaking solutions that make a meaningful impact on society. For more information, visit www.primech.ai. About Primech Holdings Limited Headquartered in Singapore, Primech Holdings Limited (Nasdaq: PMEC) is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com. Forward-Looking Statements Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. 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. These forward-looking statements are also based on assumptions regarding the Company's present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "likely to" 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 that such expectations will be correct. 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 SEC. For further enquiries, please contact: Primech Holdings Limited: Email: ir@primech.com.sg General Enquiries: directenquiries@primech.ai Investors: partnerships@primech.ai

Curated inclusion by Havas Media Network highlights Hytron’s relevance to enterprise automation and U.S. commercial deployment