Company: OTSA
Filing Date: 2025-06-09
Form Type: F-1
Source: 0001213900-25-052720
Chunk: 199

Company: OTSAW Ltd
Filing Date: 2025-06-09
Form: F-1
Chunk 199
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, longer operating histories, larger sales forces, broader customer and industry relationships and other tangible and intangible resources than we have. These competitors also compete with us in recruiting and retaining qualified research and development, sales, marketing and management personnel, as well as in acquiring technologies complementary to, or necessary for, our products. Additional mergers and acquisitions in the industrial robotics market may result in even more resources being concentrated on our competitors. Employees As of the date of this prospectus, we had 107 full -timeemployees, 97 of whom are based in our headquarters in Singapore, 8 based in Germany and 2 based in the United States. As of October31, 2024, we had 92 full -timeemployees 81 of whom are based in our headquarters, 9 based in Germany and 2 based in the United States. As of April 30, 2024, we had 88 full -timeemployees 77 of whom are based in our headquarters, 9 based in Germany and 2 based in the 122

United States. As of April 30, 2023, we had 88 full -timeemployees, 77 of whom are based in our headquarters, 10 based in Germany and 1 based in the United States. As of April 30, 2022, we had 51 full time employees,49 of whom are based in our headquarters, 1 based in Germany and 1 based in the United States. The following table sets forth the breakdown of our employees categorized by function as of the date of this prospectus.

| Function                 |     | Number of 
 Employees |
| Research and Development |     |        18 |
| Sales and Marketing      |     |        10 |
| Production               |     |         8 |
| Material                 |     |         3 |
| Operation                |     |        52 |
| Finance                  |     |         4 |
| Human Resource           |     |         4 |
| Business Development     |     |         1 |
| Management & Director    |     |         7 |
| Total                    |     |       107 |

Our success depends on our ability to attract, motivate, train and retain qualified personnel. We believe we offer our employees competitive compensation packages and an environment that encourages in -housedevelopment. As a result, we have generally been able to attract and retain qualified personnel and maintain a stable core management team. Facilities We are headquartered in Singapore and operate in a corporate