Company: FGI
Filing Date: 2025-04-28
Form Type: DEF 14A
Source: 0001628280-25-020349
Chunk: 20

Company: FGI Industries Ltd.
Filing Date: 2025-04-28
Form: DEF 14A
Chunk 20
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31, 2025.

|                                                                          |     | Pre-Reverse Split |     |             |     | 1-for-2 |     |            |     | 1-for-5 |     |            |     | 1-for-15 |     |            |
| Authorized Ordinary Shares, Issued                                       |     |                   |     |   9,589,503 |     |         |     |  4,794,751 |     |         |     |  1,917,900 |     |          |     |    639,300 |
| Authorized Ordinary Shares, Unissued                                     |     |                   |     | 190,410,497 |     |         |     | 95,205,248 |     |         |     | 38,082,099 |     |          |     | 12,694,033 |
| Reserved for future issuance pursuant to employee benefit plans          |     |                   |     |   2,332,928 |     |         |     |  1,166,463 |     |         |     |    466,585 |     |          |     |    155,528 |
| Reserved for future issuance pursuant to outstanding equity based awards |     |                   |     |   1,635,545 |     |         |     |    817,772 |     |         |     |    327,109 |     |          |     |    109,036 |
| Number of shares issuable upon exercise of outstanding warrants          |     |                   |     |   2,550,000 |     |         |     |  1,275,000 |     |         |     |    510,000 |     |          |     |    170,000 |

#### Accounting Consequences
The reverse share split will not have an effect on the stated capital attributable to ordinary shares on our balance sheet because the par value of each of the ordinary shares will be increased by the same ratio as the ratio contemplated by the reverse share split. Reported net income or loss per ordinary share and book value per ordinary share will be higher because there will be fewer ordinary shares.

<div align='center'>Material U.S. Federal Income Tax Consequences of the Reverse Stock Split</div>

The following is a summary of the material U.S. federal income tax consequences of an implemented reverse stock split to U.S. Holders (as defined below) that hold our ordinary shares as “capital assets