Company: OTSA
Filing Date: 2025-07-16
Form Type: F-1/A
Source: 0001213900-25-064434
Chunk: 232

Company: OTSAW Ltd
Filing Date: 2025-07-16
Form: F-1/A
Chunk 232
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 of directors will make an independent evaluation of appropriate compensation to key employees, with input from management. The board of directors has oversight of executive compensation plans, policies and programs. Compensation of Executive Directors and Executive Officers For the fiscal year ended April 30, 2025, we paid an aggregate of SGD 729,310.44 (approximately USD 546,504.64), which is the total amount of base salary plus bonus, in cash to our executive officers and executive directors. For the six months ende d October 31, 2024, we paid an aggregate of SGD 331,391.30 (approximately US D 248, 326.19) which is the total amount of base salary plus bonus, in cash to our executive officers and executive directors. F or the fiscal year end ed April 30, 2024, we paid an aggregate of SGD 645,142.84 (approximately USD 483,434.10), which is the total amount of base salary plus bonus, in cash to our executive officers and executive directors. For the fiscal year ended April 30, 2023, we paid an aggregate of SGD 459,912.26 (approximately USD 344,632.60), which is the total amount of base salary, in cash to our executive officers and executive directors. We have not set aside or accrued any amount to provide pension, retirement or other similar benefits for our executive officers and executive directors. Indemnification of our Directors and Executive Officers We have entered into director offer letters and employment agreements with each of our directors and executive officers respectively. Under these agreements, we agree to indemnify our directors and executive officers against certain liabilities and expenses incurred by such persons in connection with claims made by reason of their being a director or officer of our Company. Insofar as indemnification for liabilities arising under the Securities Act may be permitted to our directors, officers or persons controlling us under the foregoing provisions, we have been informed that in the opinion of the SEC, such indemnification is against public policy as expressed in the Securities Act and is therefore unenforceable. 142

PRINCIPAL SHAREHOLDERS The following table sets forth information with respect to beneficial ownership of our Class A Ordinary Shares and Class B Ordinary Shares as of the date of this prospectus by: •Each person who is known by us to beneficially own more than 5% of our outstanding Class A Ordinary Shares and Class B Ordinary Shares; •Each of our director, director nominees and named executive officers