EVOH · EvoAir Holdings Inc. · Short Volume

Substantial doubt about the company's ability to continue as a going concern.

“However, the availability and timing of additional financing remain subject to uncertainties, and there can be no assurance that the proposed offering will be completed, additional funding will be secured or existing financing arrangements will be extended or refinanced as required. Accordingly, management has concluded that substantial doubt remains about the Company’s ability to continue as a going concern within one year after the date the consolidated financial statements are issued.”