Company: FGI
Filing Date: 2025-04-18
Form Type: PRE 14A
Source: 0001628280-25-018388
Chunk: 41

Company: FGI Industries Ltd.
Filing Date: 2025-04-18
Form: PRE 14A
Chunk 41
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 independent judgment in carrying out the responsibilities of a director and is independent under applicable Nasdaq rules.

### SECURITY OWNERSHIP OF PRINCIPAL SHAREHOLDERS AND MANAGEMENT

#### Beneficial Ownership
The following table shows how many ordinary shares the directors, nominees, and Named Executive Officers, individually and collectively with all executive officers, beneficially owned as of April 24, 2025. The percent of class owned is based on [9,589,503] ordinary shares outstanding as of that date.

Beneficial ownership is a technical term broadly defined by the SEC to mean more than ownership in the usual sense. In general, beneficial ownership includes any shares a shareholder can vote or transfer and share options and restricted share units that are vested currently or become vested within 60 days. Except as otherwise noted, the shareholders named in this table have sole voting and investment power for all shares shown as beneficially owned by them, and the address for each person or entity listed in the table is FGI Industries Ltd., 906 Murray Road, East Hanover, NJ 07936.

| Greater than 5% Shareholder                             |     | Shares Beneficially Owned |     |           |     | Options     
 Exercisable 
 Within 60   
 Days        |     |         |     | Percentage |     |       |
| Foremost Groups Ltd.(1)                                 |     |                           |     | 6,816,250 |     |             |     |       — |     |            |     | 71.1% |
| First Wilshire Securities Management, Inc.(2)           |     |                           |     |   745,183 |     |             |     |       — |     |            |     | 7.8%  |
| Directors and Named Executive Officers                  |     |                           |     |           |     |             |     |         |     |            |     |       |
| David Bruce                                             |     |                           |     |    33,000 |     |             |     | 139,893 |     |            |     | 1.8%  |
| John Chen                                               |     |                           |     |    26,750 |     |             |     |  98,373 |     |            |     | 1.3%  |
| Robert Kermelewicz                                      |     |                           |     |    24,250 |     |             |     |   7,071 |     | *          |     |