Company: FGI
Filing Date: 2025-04-28
Form Type: DEF 14A
Source: 0001628280-25-020349
Chunk: 19

Company: FGI Industries Ltd.
Filing Date: 2025-04-28
Form: DEF 14A
Chunk 19
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 were paid.

If you believe that you may not hold sufficient ordinary shares at the Effective Time to receive at least one share in the reverse share split and you want to continue to hold our ordinary shares after the reverse share split, you may do so by either:

• purchasing a sufficient number of ordinary shares; or

• if you have ordinary shares in more than one account, consolidating your accounts;

in each case, so that you hold a number of ordinary shares in your account prior to the reverse share split that would entitle you to receive at least one ordinary share in the reverse share split. Ordinary shares held in registered form and in “street name” (that is, through a broker, bank or other holder of record) for the same shareholder will be considered held in separate accounts and will not be aggregated when effecting the reverse share split.

#### Effect on Ordinary Shares and Par Value
If the reverse share split is approved by our shareholders and our Board decides to implement the reverse share split, as of the Effective Time, all ordinary shares (issued and unissued) will automatically be combined into new ordinary shares in accordance with the reverse share split ratio and our ordinary shares will have a new CUSIP number. Additionally, the number of authorized ordinary shares would be reduced and the par value of all of the ordinary shares would be adjusted, each proportionate to the reverse share split ratio.

<div align='center'>Effect on Outstanding Equity Awards, Warrants, and Equity Plans</div>

If the reverse share split is approved by our Shareholders and our Board of Directors decides to implement the reverse share split, as of the Effective Time, proportionate adjustments will be made to (i) the number of ordinary shares subject to all then-outstanding equity awards and warrants, such that fewer shares would underly such awards and warrants (ii) the exercise price of all then-outstanding options and warrants, such that the per share exercise price of each such option and warrant would be increased, and (iii) the number of ordinary shares available for issuance under the 2021 Equity Incentive Plan and the 2021 Employee Stock Purchase Plan, such that fewer shares will be subject to such plans.

<div align='center'>13</div>

#### Illustration
For purposes of illustration, the following table contains approximate information relating to our ordinary shares if the reverse share split is effected at a ratio of 1-for-2, 1-for-5 or 1-for-15 based on share information as of the close of business on March