# EDGAR Filing Document

**Accession Number:** 0001672013
**File Stem:** 0001672013-25-000037
**Filing Date:** 2025-6
**Character Count:** 30836
**Document Hash:** 3455e8706c8066af636391cd08b02bbf
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001672013-25-000037.hdr.sgml**: 20250604

**ACCESSION NUMBER**: 0001672013-25-000037

**CONFORMED SUBMISSION TYPE**: S-8

**PUBLIC DOCUMENT COUNT**: 15

**FILED AS OF DATE**: 20250604

**DATE AS OF CHANGE**: 20250604

**EFFECTIVENESS DATE**: 20250604

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Acushnet Holdings Corp.
- **CENTRAL INDEX KEY:** 0001672013
- **STANDARD INDUSTRIAL CLASSIFICATION:** [3949]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 455644353
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** S-8
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-287773
- **FILM NUMBER:** 251023593

**BUSINESS ADDRESS:**
- **STREET 1:** 333 BRIDGE STREET
- **CITY:** FAIRHAVEN
- **STATE:** MA
- **ZIP:** 02719
- **BUSINESS PHONE:** 800-225-8500

**MAIL ADDRESS:**
- **STREET 1:** 333 BRIDGE STREET
- **CITY:** FAIRHAVEN
- **STATE:** MA
- **ZIP:** 02719

**As filed with the Securities and Exchange Commission on June 4, 2025.**

**&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Registration No. 333-**

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| | |
|:---|:---|
| **UNITED STATES**<br>**SECURITIES AND EXCHANGE COMMISSION** | **UNITED STATES**<br>**SECURITIES AND EXCHANGE COMMISSION** |
| **Washington, D.C. 20549** | **Washington, D.C. 20549** |
| **FORM S-8** | **FORM S-8** |
| **REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933** | **REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933** |
| **Acushnet Holdings Corp.** | **Acushnet Holdings Corp.** |
| (Exact name of registrant as specified in its charter) | (Exact name of registrant as specified in its charter) |
| **Delaware** | **45-5644353** |
| (State or other jurisdiction of<br>incorporation or organization) | (I.R.S. Employer<br>Identification No.) |
| **333 Bridge Street**<br>**Fairhaven, Massachusetts 02719**<br>**(800) 225-8500** | **333 Bridge Street**<br>**Fairhaven, Massachusetts 02719**<br>**(800) 225-8500** |
| (Address of Principal Executive Offices) | (Address of Principal Executive Offices) |
| **Acushnet Holdings Corp. Amended and Restated 2015 Omnibus Incentive Plan** | **Acushnet Holdings Corp. Amended and Restated 2015 Omnibus Incentive Plan** |
| (Full title of the plan) | (Full title of the plan) |
| **Roland A. Giroux**<br>**Executive Vice President, Chief Legal Officer and Corporate Secretary**<br>**333 Bridge Street**<br>**Fairhaven, Massachusetts 02719** | **Roland A. Giroux**<br>**Executive Vice President, Chief Legal Officer and Corporate Secretary**<br>**333 Bridge Street**<br>**Fairhaven, Massachusetts 02719** |
| (Name and address and telephone number, including area code, of agent for service) | (Name and address and telephone number, including area code, of agent for service) |
| **Copies to:**<br>**Thomas Fraser**<br>**Ropes & Gray LLP**<br>**800 Boylston Street**<br>**Boston, Massachusetts 02199**<br>**(617) 951-7000** | **Copies to:**<br>**Thomas Fraser**<br>**Ropes & Gray LLP**<br>**800 Boylston Street**<br>**Boston, Massachusetts 02199**<br>**(617) 951-7000** |

---

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company" and "emerging growth company" in Rule 12b-2 of the Exchange Act.

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| | | | |
|:---|:---|:---|:---|
| Large accelerated filer | ☒ | Accelerated filer | ☐ |
| Non-accelerated filer | ☐ | Smaller reporting company | ☐ |
| | | Emerging growth company | ☐ |

---

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐

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**EXPLANATORY NOTE**

This Registration Statement on Form S-8 (this "Registration Statement") is being filed by Acushnet Holdings Corp. (the "Registrant") for the purpose of registering an additional 1,266,000 shares of the Registrant's common stock, par value $0.001 per share ("Common Stock"), that may be issued pursuant to the Registrant's Amended and Restated 2015 Omnibus Incentive Plan (the "Plan"), which was adopted by the Registrant's Board of Directors on April 7, 2025 and approved by the Registrant's stockholders at the Registrant's 2025 Annual Meeting of Stockholders held on June 2, 2025.

The Registrant previously registered shares of its Common Stock for issuance under the Plan under a registration statement on Form S-8 filed with the Securities and Exchange Commission (the "SEC") on October 27, 2016 (File No. 333-214275) (the "Prior Registration Statement"). The Prior Registration Statement registered 8,190,000 shares of the Registrant's Common Stock that may be issued under the Plan. With the filing of this Registration Statement, the total number of shares of the Registrant's Common Stock registered under the Plan is 9,456,000, which is equal to the total number of shares authorized for issuance under the Plan.

Pursuant to General Instruction E to Form S-8, the contents of the Prior Registration Statement are incorporated herein by reference, except to the extent supplemented or amended or superseded by the information set forth herein.

**PART I**

**INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS**

The information specified in Part I of Form S-8 is omitted from this Registration Statement in accordance with the provisions of Rule 428 under the Securities Act of 1933, as amended (the "Securities Act"), and the introductory note to Part I of Form S-8.

The documents containing the information specified in this Part I will be delivered to the participants in the Plan covered by this Registration Statement as specified by Rule 428(b)(1) under the Securities Act. Such documents are not required to be, and are not, filed with the SEC either as part of this Registration Statement or as a prospectus or prospectus supplement pursuant to Rule 424 under the Securities Act.

These documents and the documents incorporated by reference pursuant to Item 3 of Part II of this Registration Statement, taken together, constitute the prospectus required by Section 10(a) of the Securities Act.

**PART II**

**INFORMATION REQUIRED IN THE REGISTRATION STATEMENT**

**Item 3. Incorporation of Documents by Reference.**

The following documents filed with the SEC by the Registrant pursuant to the Securities Exchange Act of 1934, as amended (the "Exchange Act"), are hereby incorporated by reference in this Registration Statement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)the Registrant's <u>[Annual Report on Form 10-K for the year ended December 31, 2024](https://www.sec.gov/ix?doc=/Archives/edgar/data/0001672013/000167201325000009/golf-20241231.htm)</u>, filed with the SEC on February 27, 2025 (the "Form 10-K");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)the portions of the Registrant's <u>[Definitive](https://www.sec.gov/ix?doc=/Archives/edgar/data/0001672013/000167201325000014/golf-20250418.htm)[Proxy Statement on Schedule 14A](https://www.sec.gov/ix?doc=/Archives/edgar/data/0001672013/000167201325000014/golf-20250418.htm)</u> filed with the SEC on April 18, 2025, that are incorporated by reference into Part III of the Form 10-K;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)the Registrant's <u>[Quarterly Report on Form 10-Q for the quarter ended](https://www.sec.gov/ix?doc=/Archives/edgar/data/0001672013/000167201325000024/golf-20250331.htm)[March 31, 2025](https://www.sec.gov/ix?doc=/Archives/edgar/data/0001672013/000167201325000024/golf-20250331.htm)</u>, filed with the SEC on May 7, 2025;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)the Registrant's Current Report on Form 8-K filed with the SEC on <u>[June](https://www.sec.gov/ix?doc=/Archives/edgar/data/0001672013/000167201325000035/golf-20250602.htm)[4](https://www.sec.gov/ix?doc=/Archives/edgar/data/0001672013/000167201325000035/golf-20250602.htm)[, 2025](https://www.sec.gov/ix?doc=/Archives/edgar/data/0001672013/000167201325000035/golf-20250602.htm)</u>; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)the description of the Registrant's Common Stock contained in the <u>[registration statement on Form 8-A](https://www.sec.gov/Archives/edgar/data/1672013/000110465916152697/a16-20275_28a12b.htm)</u> filed with the SEC on October 28, 2016, as updated by the information contained in the "Description of Securities" filed as <u>[Exhibit 4.1](https://www.sec.gov/Archives/edgar/data/1672013/000167201320000008/golf12311910-kexhibit41.htm)</u> to the Form 10-K and any amendment or report filed for the purpose of updating such description.

All documents that the Registrant subsequently files pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act after the date of this Registration Statement (except for any portions of the Registrant's Current Reports on Form 8-K furnished pursuant to

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Item 2.02 or Item 7.01 thereof and any corresponding exhibits thereto not filed with the SEC) and prior to the filing of a post-effective amendment to this Registration Statement indicating that all securities offered have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference into this Registration Statement and to be a part hereof from the date of filing of such documents.

Any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein or in any other subsequently filed document which also is or is deemed to be incorporated by reference herein modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.

**Item 4. Description of Securities.**

Not applicable.

**Item 5. Interests of Named Experts and Counsel.**

Not applicable.

**Item 6. Indemnification of Directors and Officers.**

Section 102(b)(7) of the Delaware General Corporation Law (the "DGCL") allows a corporation to provide in its certificate of incorporation that a director of the corporation will not be personally liable to the corporation or its shareholders for monetary damages for breach of fiduciary duty as a director, except where the director breached his or her duty of loyalty, failed to act in good faith, engaged in intentional misconduct or knowingly violated a law, authorized the payment of a dividend or approved a stock repurchase in violation of Delaware corporate law or obtained an improper personal benefit. The Registrant's Amended and Restated Certificate of Incorporation, as amended (the "Charter"), provides for this limitation of liability.

Section 145 of the DGCL provides, among other things, that a Delaware corporation may indemnify any person who was, is a party, or is threatened to be made a party, to any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative or investigative (other than an action by or in the right of such corporation), by reason of the fact that such person is or was an officer, director, employee or agent of such corporation or is or was serving at the request of such corporation as a director, officer, employee or agent of another corporation or enterprise. The indemnity may include expenses (including attorneys' fees), judgments, fines and amounts paid in settlement actually and reasonably incurred by such person in connection with such action, suit or proceeding, provided such person acted in good faith and in a manner he or she reasonably believed to be in or not opposed to the corporation's best interests and, with respect to any criminal action or proceeding, had no reasonable cause to believe that his or her conduct was unlawful. A Delaware corporation also may indemnify any person who was, is a party, or is threatened to be made a party, to any threatened, pending or completed action or suit by or in the right of the corporation by reason of the fact that such person is or was a director, officer, employee or agent of another corporation or enterprise. The indemnity may include expenses (including attorneys' fees) actually and reasonably incurred by such person in connection with the defense or settlement of such action or suit, provided that such person acted in good faith and in a manner he or she reasonably believed to be in or not opposed to the corporation's best interests and provided further that no indemnification is permitted without judicial approval if the officer, director, employee or agent is adjudged to be liable to the corporation. Where an officer or director is successful on the merits or otherwise in the defense of any action referred to above, the corporation must indemnify him or her against the expenses (including attorneys' fees) which such officer or director has actually and reasonably incurred.

Section 145 of the DGCL further authorizes a corporation to purchase and maintain insurance on behalf of any person who is or was a director, officer, employee or agent of the corporation or is or was serving at the request of the corporation as a director, officer, employee or agent of another corporation or enterprise, against any liability asserted against such person and incurred by such person in any such capacity, or arising out of his or her status as such, whether or not the corporation would otherwise have the power to indemnify such person under Section 145 of the DGCL.

The Registrant's Second Amended and Restated Bylaws (the "Bylaws") provide that the Registrant must indemnify and advance expenses to the Registrant's directors and officers to the fullest extent authorized by the DGCL.

The indemnification rights set forth above shall not be exclusive of any other right which an indemnified person may have or hereafter acquire under any statute, any provision of the Charter, the Bylaws, any agreement, any vote of shareholders or disinterested

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directors or otherwise. Notwithstanding the foregoing, the Registrant shall not be obligated to indemnify a director or officer in respect of a proceeding (or part thereof) instituted by such director or officer, unless such proceeding (or part thereof) has been authorized by the Registrant's board of directors pursuant to the applicable procedure outlined in the Bylaws.

Section 174 of the DGCL provides, among other things, that a director who willfully or negligently approves of an unlawful payment of dividends or an unlawful stock purchase or redemption may be held jointly and severally liable for such actions. A director who was either absent when the unlawful actions were approved or dissented at the time may avoid liability by causing his or her dissent to such actions to be entered in the books containing the minutes of the meetings of the board of directors at the time such action occurred or immediately after such absent director receives notice of the unlawful acts.

The Registrant maintains standard policies of insurance that provide coverage (1) to the Registrant's directors and officers against loss rising from claims made by reason of breach of duty or other wrongful act and (2) to the Registrant with respect to indemnification payments that the Registrant may make to such directors and officers.

**Item 7. Exemption from Registration Claimed.**

Not applicable.

**Item 8. Exhibits.**

The following exhibits are filed as part of this Registration Statement:

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| | |
|:---|:---|
| **Exhibit<br>Number** | **Description of Document** |
| 4.1 | <u>[Amended and Restated Certificate of Incorporation of Acushnet Holdings Corp. (incorporated by reference to Exhibit 3.1 to the Registrant's Current Report on Form 8-K filed with the SEC on November 2, 2016).](https://www.sec.gov/Archives/edgar/data/1672013/000110465916154194/a16-8395_13ex3d1.htm)</u> |
| 4.2 | <u>[Certificate of Amendment to the Amended and Restated Certificate of Incorporation of Acushnet Holdings Corp. (incorporated by reference to Exhibit 3.2 to the Registrant's Annual Report on Form 10-K filed with the SEC on February 28, 2019).](https://www.sec.gov/Archives/edgar/data/1672013/000167201319000009/golf12311810-kexhibit32.htm)</u> |
| 4.3 | <u>[Second Amended and Restated Bylaws of Acushnet Holdings Corp. (incorporated by reference to Exhibit 3.1 to the Registrant's Current Report on Form 8-K filed on July 27, 2023).](https://www.sec.gov/Archives/edgar/data/1672013/000167201323000057/ex31-secondamendedandresta.htm)</u> |
| 4.4 | <u>[Acushnet Holdings Corp. Amended and Restated 2015 Omnibus Incentive Plan (incorporated by reference to Exhibit 10.1 to the Registrant](https://www.sec.gov/Archives/edgar/data/1672013/000167201325000035/exhibit101-ar2015omnibusin.htm)['](https://www.sec.gov/Archives/edgar/data/1672013/000167201325000035/exhibit101-ar2015omnibusin.htm)[s Current Report on Form 8-K filed with the SEC on June 4, 2025).](https://www.sec.gov/Archives/edgar/data/1672013/000167201325000035/exhibit101-ar2015omnibusin.htm)</u> |
| 5.1\* | <u>[Opinion of Ropes & Gray LLP.](exhibit51-opiniontoformsx8.htm)</u> |
| 23.1\* | <u>[Consent of PricewaterhouseCoopers LLP.](exhibit231-pwcconsentforms.htm)</u> |
| 23.2\* | <u>[Consent of Ropes & Gray LLP (included as part of Exhibit 5.1).](exhibit51-opiniontoformsx8.htm)</u> |
| 24.1\* | <u>[Power of Attorney (included in the signature pages to this Registration Statement).](#icfd41b7706b948d79091acdf4d45ceb9_17187)</u>&nbsp;&nbsp;&nbsp;&nbsp; |
| 107.1\* | <u>[Filing Fee Table.](exfilingfees.htm)</u> |

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______________________

\* Filed herewith.

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**Item 9. Undertakings.**

(a) The undersigned Registrant hereby undertakes:

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| | | |
|:---|:---|:---|
| (1) | To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement: | To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement: |
|  | (i) | To include any prospectus required by Section 10(a)(3) of the Securities Act; |
|  | (ii) | To reflect in the prospectus any facts or events arising after the effective date of the Registration Statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the Registration Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the SEC pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20 percent change in the maximum aggregate offering price set forth in the "Calculation of Filing Fee" table in the effective registration statement; and |
|  | (iii) | To include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any material change to such information in the Registration Statement; |

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*provided, however*, that paragraphs (a)(1)(i) and (a)(1)(ii) above do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in periodic reports filed with or furnished to the SEC by the Registrant pursuant to Section 13 or 15(d) of the Exchange Act that are incorporated by reference in this Registration Statement.

(2) That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial *bona fide* offering thereof.

(3) To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.

(b) The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant's annual report pursuant to Section 13(a) or 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan's annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in the Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial *bona fide* offering thereof.

(c) Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the SEC, such indemnification is against public policy as expressed in the Securities Act, and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.

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**SIGNATURES**

Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Fairhaven, Commonwealth of Massachusetts, on the 4th day of June, 2025.

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| | | |
|:---|:---|:---|
| ACUSHNET HOLDINGS CORP. | ACUSHNET HOLDINGS CORP. | ACUSHNET HOLDINGS CORP. |
| By: | /s/ David Maher | /s/ David Maher |
|  | Name: | David Maher |
|  | Title: | President and Chief Executive Officer |

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**POWER OF ATTORNEY**

The undersigned directors and officers of Acushnet Holdings Corp. hereby constitute and appoint Roland A. Giroux and Chad M. Van Ess, and each of them, any of whom may act without joinder of the other, the individual's true and lawful attorneys-in-fact and agents, with full power of substitution and resubstitution, for the person and in his or her name, place and stead, in any and all capacities, to sign this Registration Statement and any or all amendments, including post-effective amendments to the Registration Statement, and all other documents in connection therewith to be filed with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact as agents or any of them, or their substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement and power of attorney has been signed by the following persons in the capacities indicated on the 4th day of June, 2025.

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| | |
|:---|:---|
| **Signature** | **Title** |
| /s/ David Maher | President and Chief Executive Officer |
| David Maher | (Principal Executive Officer) |
| /s/ Sean Sullivan | Executive Vice President, Chief Financial Officer |
| Sean Sullivan | (Principal Financial Officer) |
| /s/ Nicholas Mohamed | Vice President, Controller (Principal Accounting Officer) |
| Nicholas Mohamed | |
| /s/ Yoon Soo Yoon | Chairman |
| Yoon Soo Yoon |  |
| /s/ Leanne Cunningham | Director |
| Leanne Cunningham |  |
| /s/ Gregory Hewett | Director |
| Gregory Hewett |  |
| /s/ Ho Yeon Lee | Director |
| Ho Yeon Lee |  |
| /s/ Jan Singer | Director |
| Jan Singer |  |
| /s/ Steven Tishman | Director |
| Steven Tishman | |
| /s/ Keun Chang Yoon | Director |
| Keun Chang Yoon |  |

---

## Ex-Filing

?xml version='1.0' encoding='ASCII'? exfilingfees

**Exhibit 107.1**

**Calculation of Filing Fee Tables**

**Form S-8**

(Form Type)

**Acushnet Holdings Corp.**

(Exact Name of Registrant as Specified in its Charter)

**Table 1—Newly Registered Securities**

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Security Type** | **Security <br>Class<br>Title** | **Fee <br>Calculation<br>Rule** | **Amount<br>Registered**<sup>(1)</sup> | **Proposed<br>Maximum<br>Offering Price<br>Per Unit**<sup>(2)</sup> | **<br>Maximum<br>Aggregate**<br>**Offering Price**<sup>(2)</sup> | **Fee Rate** | **Amount of<br>Registration Fee** |
| Equity | Common stock, par value $0.001 per share | 457(c) and 457(h) | 1266000 | $68.21 | $86353860 | 0.00015310 | $13220.78 |
| **Total Offering Amounts** | **Total Offering Amounts** | **Total Offering Amounts** | **Total Offering Amounts** |  | $86353860 |  | $13220.78 |
| **Total Fees Previously Paid** | **Total Fees Previously Paid** | **Total Fees Previously Paid** | **Total Fees Previously Paid** |  |  |  |  |
| **Total Fee Offsets** | **Total Fee Offsets** | **Total Fee Offsets** | **Total Fee Offsets** |  |  |  |  |
| **Net Fee Due** | **Net Fee Due** | **Net Fee Due** | **Net Fee Due** |  |  |  | $13220.78 |

---

<sup>(1)</sup> This Registration Statement registers the issuance of an additional 1,266,000 shares of common stock, par value $0.001 per share ("*Common Stock*") of Acushnet Holdings Corp. (the "*Registrant*") to be issued under the Registrant's Amended and Restated 2015 Omnibus Incentive Plan (the "*A&R 2015 Plan*"). The A&R 2015 Plan is an amendment and restatement of the Registrant's 2015 Omnibus Incentive Plan (the "*Prior Plan*"), and was approved by the Board of Directors on April 7, 2025 and approved by the Registrant's stockholders on June 2, 2025. The offer and sale of shares of Common Stock, which have been or may be issued under the Prior Plan, have previously been registered pursuant to Registration Statement on Form S-8 (File No. 333-214275). Pursuant to Rule 416(a) promulgated under the Securities Act of 1933, as amended (the "*Securities Act*"), this Registration Statement shall also cover such additional shares of the Registrant's Common Stock that become issuable under the Registrant's Amended and Restated 2015 Omnibus Incentive Plan by reason of any stock dividend, stock split, recapitalization, or other similar transaction effected that results in an increase to the number of outstanding shares of the Registrant's common stock, as applicable.

<sup>(2)</sup> Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(c) and 457(h) under the Securities Act. The proposed maximum offering price per share and the proposed maximum aggregate offering price are based upon the average of the high and low sale price of the Registrant's Common Stock, as reported by the New York Stock Exchange on May 30, 2025, which were $68.87 and $67.54, respectively.

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## Exhibit 5.1

**Exhibit 5.1**

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| | |
|:---|:---|
| ![image_0.jpg](image_0.jpg) | ROPES & GRAY LLP<br>PRUDENTIAL TOWER<br>800 BOYLSTON STREET<br>BOSTON, MA 02199-3600<br>WWW.ROPESGRAY.COM |

---

June 4, 2025

Acushnet Holdings Corp.

333 Bridge Street

Fairhaven, MA 02719

Ladies and Gentlemen:

This opinion letter is furnished to you in connection with the registration statement on Form S-8 (the "<u>Registration Statement</u>"), filed by Acushnet Holdings Corp., a Delaware corporation (the "<u>Company</u>"), on the date hereof, with the Securities and Exchange Commission under the Securities Act of 1933, as amended (the "<u>Securities Act</u>"), for the registration of 1,266,000 shares of Common Stock, par value $0.001 per share, of the Company (the "<u>Shares</u>"). The Shares are issuable under the Company's Amended and Restated 2015 Omnibus Incentive Plan (the "<u>Plan</u>").

We are familiar with the actions taken by the Company in connection with the adoption of the Plan. We have examined such certificates, documents and records and have made such investigation of fact and such examination of law as we have deemed appropriate in order to enable us to render the opinions set forth herein. In conducting such investigation, we have relied, without independent verification, upon certificates of officers of the Company, public officials and other appropriate persons.

The opinions expressed below are limited to the Delaware General Corporation Law.

Based upon and subject to the foregoing, we are of the opinion that the Shares have been duly authorized and, when the Shares have been issued and sold in accordance with the terms of the Plan, the Shares will be validly issued, fully paid and nonassessable.

We hereby consent to the filing of this opinion letter as an exhibit to the Registration Statement. In giving such consent, we do not thereby admit that we are in the category of persons whose consent is required under Section 7 of the Securities Act or the rules and regulations thereunder.

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| |
|:---|
| Very truly yours, |
| <br>/s/ Ropes & Gray LLP |
| Ropes & Gray LLP |

---

## Exhibit 23.1

**Exhibit 23.1**

**CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**

We hereby consent to the incorporation by reference in this Registration Statement on Form S-8 of Acushnet Holdings Corp. of our report dated February 27, 2025 relating to the financial statements and the effectiveness of internal control over financial reporting, which appears in Acushnet Holdings Corp.'s Annual Report on Form 10-K for the year ended December 31, 2024.

/s/ PricewaterhouseCoopers LLP

Boston, Massachusetts

June 4, 2025

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