Paramount’s strong performance in FY2022 was both the result of the year’s efforts as well as the confidence the Company and its businesses had gained over the years. Building upon the successes of previous years, Paramount’s property development continued to expand at locations where it enjoyed credibility and brand presence. Its property business also achieved its highest sales ever in FY2022, which will translate to income for years to come as it builds. Its other businesses also showed improvements in results.