Company: FSTWF
Filing Date: 2025-07-08
Form Type: F-1/A
Source: 0001213900-25-061884
Chunk: 149

Company: FST Corp.
Filing Date: 2025-07-08
Form: F-1/A
Chunk 149
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 shaft purchases. In 2023, an aggregate amount of NT$308,887,950 ($10,087,784.13) was paid by FST America and an aggregate amount of NT$32,906,480 ($1,074,672.76) was paid by FST Japan respectively to FST for shaft purchases. As of December 31, 2023, an aggregate amount of NT$226,299,311 ($7,390,571.88) was due and payable to FST from FST America and an aggregate amount of NT$44,561,470 ($1,455,306.01) was due and payable to FST from FST Japan for shaft purchases. In 2024, an aggregate amount of NT$313,132,466 ($9,549,633.00) was paid by FST America and an aggregate amount of NT$17,571,610 ($535,883.20) was paid by FST Japan respectively to FST for shaft purchases. As of December 31, 2024, an aggregate amount of NT$316,378,072 ($9,648,614.58) was due and payable to FST from FST America and an aggregate amount of NT$65,534,474 ($1,998,611.59) was due and payable to FST from FST Japan for shaft purchases. FST America also sells golf shafts to FST. During 2024, an aggregate amount of NT$13,227,619 ($403,404.05) was paid by FST to FST America for shaft purchases. As of December 31, 2024, an aggregate amount of NT$6,438,562 ($196,357.50) was due and payable to FST America from FST for shaft purchases. 105

BENEFICIAL OWNERSHIP OF SECURITIES The following table sets forth information regarding the beneficial ownership of the Ordinary Shares as of the date hereof by: •each person known by us to be the beneficial owner of more than 5% of outstanding Ordinary Shares •each of the Company’s executive officers and directors; and •all of the Company’s directors and executive officers as a group Beneficial ownership is determined according to the rules of the SEC, which generally provide that a person has beneficial ownership of a security if he, she or it possesses sole or shared voting or investment power over that security, including options and warrants that are currently exercisable