Company: FGI
Filing Date: 2025-04-18
Form Type: PRE 14A
Source: 0001628280-25-018388
Chunk: 32

Company: FGI Industries Ltd.
Filing Date: 2025-04-18
Form: PRE 14A
Chunk 32
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| Chief Executive Officer     |     | 2023 |     | 300,000 |     | 45,000 |     |   |     |             90,000 |     |        90,000 |     | —                |     |                               |     | 27,844 |     |       |     | 552,844 |
| John Chen                   |     | 2024 |     | 207,692 |     |        |     | — |     |            180,000 |     |       180,000 |     | —                |     |                        12,702 |     |        |     |       |     | 580,394 |
| Executive Chairman          |     | 2023 |     | 200,000 |     | 30,000 |     |   |     |             60,000 |     |        60,000 |     | —                |     |                               |     |      — |     |       |     | 350,000 |
| Robert Kermelewicz          |     | 2024 |     | 278,335 |     |        |     | — |     |             54,284 |     |         7,828 |     | —                |     |                         8,901 |     |        |     |       |     | 349,348 |
| Executive Vice President    |     | 2023 |     | 256,546 |     | 14,534 |     |   |     |             51,840 |     |         7,673 |     | —                |     |                               |     |  8,571 |     |       |     | 339,164 |

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(1) The value of restricted share units in this table represents the fair value of such awards granted during the fiscal year, as computed in accordance with Financial Accounting Standards Board Accounting Standards Codification Topic 718 (“Topic 718”). The assumptions used to determine the valuation of the awards are discussed in Note 10 to our audited financial statements, included in our Annual Report on Form 10-K for the year ended December 31, 2024. Assuming maximum payout on the achievement of the highest level of performance for the 2024 share awards, the value of the award at the grant date was $195,000 for Mr. Bruce, $180,000 for Mr. Chen, and $54,284 for Mr. Kerme