FGI Industries Ltd. — fact timeline

FGI Industries Ltd. engaged Marcum Asia CPAs LLP as its auditor.

“(b) Engagement of Independent Registered Public Accounting Firm. On April 20, 2026, the Audit Committee appointed Marcum Asia CPAs LLP (“Marcum Asia”) as our independent registered public accounting firm to audit our consolidated financial statements for the fiscal year ending December 31, 2026.”

FGI Industries Ltd. dismissed CBIZ CPAs P.C. as its auditor.

“(a) Dismissal of Independent Registered Public Accounting Firm. On April 20, 2026, the Audit Committee (the “Audit Committee”) of the Board of Directors of FGI Industries Ltd.”

FGI Industries Ltd. reported the fourth quarter and full-year 2025 results: revenue $30.5 million.

“bath products, today announced results for the fourth quarter and full-year 2025. FOURTH QUARTER 2025 HIGHLIGHTS (As compared to the fourth quarter of 2024) ▪ Total revenue of $30.5 million, -14.4% y/y ▪ Gross profit of $8.1 million , -6.8% y/y ▪ Gross margin of 26.7% , +210 bps y/y ▪ Operating loss of $0.7 million and net loss attributable to shareholders of $2.6”

FGI Industries Ltd. entered into Credit Agreement with East West Bank valued at $18,000,000 (effective 2026-03-27).

“On March 27, 2026, FGI Industries Ltd (the “Company”), through its wholly owned subsidiary FGI Industries, Inc. (the “Borrower”) and certain other loan parties, entered into an Amended and Restated Business Loan Agreement (the “Credit Agreement”) with East West Bank (the “Lender”).”

FGI Industries Ltd. incurred credit facility of $18,000,000 with East West Bank at Prime Rate plus a margin between 0% and 1.5% (subject to a minimum rate of 4.500 maturing April 17, 2027.

“The Credit Agreement amends and restates the Borrower’s existing credit facility with the Lender and extends the maturity date of the facility through April 17, 2027 and maintains a maximum borrowing amount of $18,000,000, subject to borrowing base limitations.”

FGI Industries Ltd. received a nasdaq compliance regained notice regarding minimum bid price (rules 5550(a)(2)).

“August 14, 2025, FGI Industries Ltd. (the “Company”) received written confirmation from the Nasdaq Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market LLC (“Nasdaq”) informing the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Requirement”). Consequently, the Company is now in compliance with all applicable listing standards and will continue to be listed on the Nasdaq Capital Market. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly”

FGI Industries Ltd.: Company filed an amendment to its Amended and Restated Memorandum and Articles of Association to effect a 1-for-5 reverse share split of ordinary shares (effective 2025-07-31).

“On July 28, 2025, FGI Industries Ltd. (the “Company”) filed an amendment (the “Amendment”) to the Company’s Amended and Restated Memorandum and Articles of Association with the Registrar of Companies in the Cayman Islands to effect a 1-for-5 reverse share split (the “Reverse Share Split”) of the Company’s ordinary shares, par value $0.0001 per share (“Ordinary Shares”).”

Jae Chung was appointed as Chief Financial Officer at FGI Industries Ltd..

“On January 25, 2025, the Board of Directors approved and appointed Jae Chung to serve as the Company’s CFO, effective July 1, 2025.”

Perry Lin departed as Chief Financial Officer at FGI Industries Ltd..

“On January 22, 2025, Perry Lin, Chief Financial Officer of FGI Industries Ltd. (“FGI” or the “Company”), gave notice of his resignation, to be effective June 30, 2025.”

Bob Kermelewicz changed role as Executive Vice President, FGI USA at FGI Industries Ltd..

“Bob Kermelewicz and FGI Industries Ltd. (“FGI” or the “Company”) reached mutual agreement regarding his transition from Executive Vice President, FGI USA to Sales Director, effective at the close of December 31, 2024.”

FGI Industries Ltd. reported first quarter ended March 31, 2024 results: revenue $30.8 million, net income ($0.4) million, or ($0.04) per diluted share, EPS ($0.04) per diluted share. Guidance reaffirmed.

“kitchen and bath products , today announced results for the first quarter 2024. ​ FIRST QUARTER 2024 HIGHLIGHTS (As compared to the first quarter of 2023) ​ ▪ Total revenues of $30.8 million, +13.2% y/y ▪ Gross profit of $8.4 million, +16.8% y/y, Gross margin of 27.4%, +90 bps y/y ▪ Net loss attributable to FGI shareholders of ($0.4) million ▪ Adjusted net loss of”

Anagha Apte Sreenivasan was appointed as Director at FGI Industries Ltd..

“the Board approved the appointment of Ms. Anagha Apte Sreenivasan to the Board, effective April 1, 2024.”

Jae Chung was appointed as Senior Vice President, Investor Relations and Corporate Development at FGI Industries Ltd..

“on April 1, 2024, he will join the Company as an employee as its Senior Vice President, Investor Relations and Corporate Development.”

FGI Industries Ltd. reported full-year 2023 results: revenue Total revenues of $117.2 million, net income Net Income of $0.6 million.

“▪ Adjusted net income of $0.5 million* ▪ Adjusted operating income of $1.4 million* ​ FULL-YEAR 2023 HIGHLIGHTS (As compared to the prior-year period) ​ ▪ Total revenues of $117.2 million, (27.5%) ▪ Gross profit of $32.1 million, +1.8%; Gross margin of 27.4%, +788 basis points ▪ Net Income of $0.6 million ▪ Adjusted net income of $1.0 million* ▪ Adjusted operating”

FGI Industries Ltd. reported the fourth quarter and full-year 2023 results: revenue Total revenues of $31.0 million, net income Net Income of $0.5 million.

“bath products, today announced results for the fourth quarter and full-year 2023. ​ FOURTH QUARTER 2023 HIGHLIGHTS (As compared to the prior-year period) ​ ▪ Total revenues of $31.0 million, (2.6%) ▪ Gross profit of $9.0 million, +20.1%; Gross margin of 29.2%, +549 basis points ▪ Net Income of $0.5 million ▪ Adjusted net income of $0.5 million* ▪ Adjusted operating”