Company: FSTWF
Filing Date: 2025-07-22
Form Type: F-1/A
Source: 0001213900-25-066660
Chunk: 125

Company: FST Corp.
Filing Date: 2025-07-22
Form: F-1/A
Chunk 125
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 total compensation package for our four most senior executives; •approving and overseeing the total compensation package for our executives other than the four most senior executives; •reviewing and making recommendations to the board of directors with respect to the compensation of our directors; and •reviewing periodically and recommending any long -termincentive compensation or equity plans, programs or similar arrangements for consideration by the board of directors, annual bonuses, employee pension and welfare benefit plans. Nominating Corporate and Governance Committee Our nominating committee consists of Messrs. Nick Pin -ChiaChen, Alan Yu -ChengLi, and Richard Qi Li. Mr. Chen is the chairperson of our nominating committee. We have determined that each of Messrs. Nick Pin -ChiaChen, Alan Yu -ChengLi, and Richard Qi Li satisfy the “independence” requirements of the Nasdaq Stock Market Rules. The nominating committee assists the board of directors in selecting directors and in determining the composition of our board and board committees. The nominating committee is responsible for, among other things: •identifying and recommending nominees for election or re -electionto our board of directors, or for appointment to fill any vacancy; •reviewing annually with our board of directors its composition in light of the characteristics of independence, age, skills, experience and availability of service to us; and •identifying and recommending to our board the directors to serve as members of committees. 88

Historical Compensation of Femco Executive Officers, Directors and Supervisors Prior to the Business Combination The following table sets forth the historical compensation paid to executive officers, directors, and supervisors of Femco for the fiscal years prior to the consummation of the Business Combination. This information is provided solely for historical reference, as Femco is now a wholly owned subsidiary of FST. For the year ended December 31, 2024, Femco paid an aggregate of NTD$7,317,333 (US$227,908.85) in cash to its executive officers consisting of the General Manager Warren Cheng -TengHuang, the Vice General Manager Marie Wen -ChiChao, and the Finance and Accounting Carie Hui -TingHsu, of which none were paid in the form of stock options. For the year ended December 31, 2024, there were no options to purchase any securities of Femco granted to its employees. Femco has not set aside or accrued any amount to provide pension, retirement or other similar benefits to its