Company: OTSA
Filing Date: 2025-01-28
Form Type: DRS
Source: 0001213900-25-007614
Chunk: 178

Company: OTSAW Ltd
Filing Date: 2025-01-28
Form: DRS
Chunk 178
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 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. 111

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 |     |        19 |
| Sales and Marketing      |     |         8 |
| Production               |     |         6 |
| Material                 |     |         2 |
| Operation                |     |        38 |
| Finance                  |     |         4 |
| Human Resource           |     |         3 |
| Business Development     |     |         1 |
| Management & Director    |     |         6 |
| Total                    |     |        87 |

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 and assembly/manufacturing facility located at 10 Tampines North Drive 4 #01 -03, Tampines North Singapore 528553, consisting of approximately 17,255 square feet. The lease expires on April 15, 2025, and has the option to extend the lease for a three -yearperiod. We believe that this facility, which includes office, demonstration, assembly, and repair space, will adequately serve our current needs. We lease an office space in Germany, at Bürgermeister -Wegele -Straße12, 86167 Augsburg, Germany. It is primarily used as the office space for our Europe regional center. The lease expires on July 31, 2027. We lease an office space in the United States, at 99 South Bedford Street, Burlington, Massachusetts MA 01803, USA. It is primarily used as the office space for our United States regional center. The lease expires on July 31, 2026. We lease our premises under operating lease agreements from independent third parties. We believe that our existing facilities are generally adequate to meet our current needs, but we expect to seek additional space as needed to accommodate