Acushnet Holdings Corp. — fact timeline

Acushnet Holdings Corp. shareholders approved Ratification of Independent Registered Public Accounting Firm at the 2026-06-08 meeting.

“Stockholders ratified the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm of the Company for the fiscal year ending December 31, 2026.”

Acushnet Holdings Corp. shareholders approved Non-Binding Vote to Approve Executive Compensation at the 2026-06-08 meeting.

“Stockholders approved, in a non-binding advisory vote, the compensation of the Company’s named executive officers for fiscal year 2025.”

Acushnet Holdings Corp. shareholders approved Election of Directors at the 2026-06-08 meeting.

“Stockholders elected the director nominees listed below to serve as members of the Company’s Board of Directors.”

Acushnet Holdings Corp. entered into a equity purchase with Magnus Holdings Co., Ltd. valued at up to an aggregate of $52.5 million (effective 2026-06-08).

“On June 8, 2026 , in connection with its existing $1.25 billion share repurchase authorization, Acushnet Holdings Corp. (the “Company”) entered into an agreement with Magnus Holdings Co., Ltd. (“Magnus”), pursuant to which the Company will purchase up to an aggregate of $52.5 million of shares of its common stock from Magnus on a share-for-share basis as the Company repurchases shares in the open market or privately negotiated transactions.”

Acushnet Holdings Corp. reported the three months ended March 31, 2026 results: revenue $753.0 million, net income $81.4 million. Guidance reaffirmed.

“filing. --- EX-99.1 (EX-99.1) --- Acushnet Holdings Corp. Announces First Quarter 2026 Financial Results First Quarter 2026 Financial Results • First quarter net sales of $753.0 million, up 7.1% year over year, up 4.8% in constant currency • First quarter net income attributable to Acushnet Holdings Corp. of $81.4 million, down 18.1% year over year, primarily”

Acushnet Holdings Corp. entered into Subscription and Shareholders’ Agreement with Myre Overseas Corp. and ACL FootJoy Pte. Ltd. (effective 2026-01-06).

“On January 6, 2026, Acushnet Cayman Limited (“Acushnet Cayman”), a limited company incorporated under the laws of the Cayman Islands and a wholly owned subsidiary of Acushnet Holdings Corp. (the “Company”), entered into a Subscription and Shareholders’ Agreement (the “Agreement”) by and among Acushnet Cayman, Myre Overseas Corp. (“Myre”) and ACL FootJoy Pte. Ltd. (“ACL FootJoy”), pursuant to which Acushnet Cayman and Myre (together, the “Shareholders”) formed a joint venture and subscribed for shares in the capital of ACL FootJoy”

Acushnet Holdings Corp. amended Second Amendment and Restatement Agreement with JPMorgan Chase Bank, N.A., as administrative agent, and the lenders party thereto valued at $950.0 million (effective 2025-11-24).

“On November 24, 2025, the Issuer, Acushnet Canada Inc. and Acushnet Europe Ltd, as borrowers, the Company, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent (the “Administrative Agent”), entered into a second amendment and restatement agreement (the “Amendment and Restatement Agreement”) to amend various terms of the Company’s amended and restated credit agreement, dated as of December 23, 2019, as amended, for its senior secured credit facilities with the Administrative Agent and the other lenders and agents party thereto (the “Existing Credit Agreement” and, as amended by the Amendment and Restatement Agreement, the “Second Amended and Restated Credit Agreement”).”

Acushnet Holdings Corp. entered into Indenture with U.S. Bank Trust Company, National Association valued at $500,000,000 (effective 2025-11-24).

“On November 24, 2025, Acushnet Company (the “Issuer”), a wholly owned subsidiary of Acushnet Holdings Corp. (the “Company”), completed the issuance and sale of $500,000,000 in gross proceeds of the Issuer’s 5.625% senior notes due 2033 (the “Notes”). The Notes were issued pursuant to an Indenture, dated November 24, 2025 (the “Indenture”), among the Issuer, U.S. Bank Trust Company, National Association, as trustee of the Notes (the “Trustee”), and the Company and certain subsidiaries of the Issuer as guarantors.”

Acushnet Holdings Corp. amended revolving credit of $950.0 million with JPMorgan Chase Bank, N.A. at applicable margin is 0.00% to 0.75% for base rate borrowings and 1.00% to 1.75% maturing November 24, 2030.

“The Second Amended and Restated Credit Facility provides for a $950.0 million revolving credit facility maturing November 24, 2030”

Acushnet Holdings Corp. incurred senior notes of $500,000,000 with U.S. Bank Trust Company, National Association at 5.625% maturing December 1, 2033.

“completed the issuance and sale of $500,000,000 in gross proceeds of the Issuer’s 5.625% senior notes due 2033”

Acushnet Holdings Corp. reported the three months ended March 31, 2024 results: revenue $707.6 million, net income $87.8 million. Guidance reaffirmed.

“filing. --- EX-99.1 (EX-99.1) --- Acushnet Holdings Corp. Announces First Quarter 2024 Financial Results First Quarter 2024 Financial Results • First quarter net sales of $707.6 million, up 3.1% year over year, up 4.0% in constant currency • First quarter net income attributable to Acushnet Holdings Corp. of $87.8 million, down 5.9% year over year • First”

Acushnet Holdings Corp. entered into a equity purchase with Magnus Holdings Co., Ltd. valued at $37.5 million (effective 2024-03-14).

“On March 14, 2024, in connection with its existing $1.0 billion share repurchase authorization, Acushnet Holdings Corp. (the “Company”) entered into an agreement with Magnus Holdings Co., Ltd. (“Magnus”) pursuant to which the Company will purchase up to an aggregate of $37.5 million of shares of its common stock from Magnus on a share-for-share basis as the Company repurchases shares in the open market or privately negotiated transactions.”

Acushnet Holdings Corp. reported full year 2024 results: revenue $2.45 to $2.50 billion. Guidance initiated.

“• The Company provided its full year 2024 Outlook, with expected net sales of $2.45 to $2.50 billion and Adjusted EBITDA of $385 to $405 million.”

Acushnet Holdings Corp. reported fourth quarter ended December 31, 2023 results: revenue $413.0 million, net income $26.8 million loss.

“• Fourth quarter net sales of $413.0 million, down 7.7% year over year, down 8.6% in constant currency • Fourth quarter net loss attributable to Acushnet Holdings Corp. of $26.8 million, down $26.7 million year over year • Fourth quarter Adjusted EBITDA loss of $1.5 million, down $26.9 million year over year”

Acushnet Holdings Corp. reported full year ended December 31, 2023 results: revenue $2.4 billion, net income $198.4 million.

“• Full year net sales of $2.4 billion, up 4.9% year over year, up 6.2% in constant currency • Full year net income attributable to Acushnet Holdings Corp. of $198.4 million, down $0.9 million year over year • Full year Adjusted EBITDA of $376.1 million, up $37.7 million, or 11.1%, year over year”

Acushnet Holdings Corp. reported nine months ended September 30, 2023 results: revenue $1,969.0 million, net income $225.2 million. Guidance reaffirmed.

“Quarter and Year-to-Date 2023 Financial Results • Third quarter net sales of $593.4 million, up 6.3% year over year, up 6.0% in constant currency • Year-to-date net sales of $1,969.0 million, up 8.0% year over year, up 9.9% in constant currency • Third quarter net income attributable to Acushnet Holdings Corp. of $57.3 million, up 10.6% year over year • Year-to-date”

Acushnet Holdings Corp. reported three months ended September 30, 2023 results: revenue $593.4 million, net income $57.3 million. Guidance reaffirmed.

“--- Acushnet Holdings Corp. Announces Third Quarter and Year-to-Date 2023 Financial Results Third Quarter and Year-to-Date 2023 Financial Results • Third quarter net sales of $593.4 million, up 6.3% year over year, up 6.0% in constant currency • Year-to-date net sales of $1,969.0 million, up 8.0% year over year, up 9.9% in constant currency • Third quarter net”

Acushnet Holdings Corp. incurred senior notes of $350,000,000 with U.S. Bank Trust Company, National Association at 7.375% per year maturing October 15, 2028.

“On October 3, 2023, Acushnet Company (the “Issuer”), a wholly owned subsidiary of Acushnet Holdings Corp. (the “Company”), completed the issuance and sale of $350,000,000 in gross proceeds of the Issuer’s 7.375% senior notes due 2028 (the “Notes”).”

Acushnet Holdings Corp. entered into Indenture with U.S. Bank Trust Company, National Association valued at $350,000,000 (effective 2023-10-03).

“On October 3, 2023, Acushnet Company (the “Issuer”), a wholly owned subsidiary of Acushnet Holdings Corp. (the “Company”), completed the issuance and sale of $350,000,000 in gross proceeds of the Issuer’s 7.375% senior notes due 2028 (the “Notes”).”

Acushnet Holdings Corp. reported the second quarter and six months ended June 30, 2023 results: revenue $689.4 million (Q2), $1,375.7 million (YTD), net income $74.7 million (Q2), $167.9 million (YTD).

“Holdings Corp. Announces Second Quarter and Year-to-Date 2023 Financial Results Second Quarter and Year-to-Date 2023 Financial Results • Second quarter net sales of $689.4 million, up 4.7% year over year, up 6.4% in constant currency • Year-to-date net sales of $1,375.7 million, up 8.8% year over year, up 11.6% in constant currency • Second quarter net”

Acushnet Holdings Corp.: 修订公司章程，更新通用代理规则相关程序要求并反映DGCL修订 (effective 2023-07-25).

“On July 25, 2023, the Board of Directors (the “Board”) of Acushnet Holdings Corp. (the “Company”) amended and restated the Company’s bylaws (as amended, the “Amended and Restated Bylaws”). Among other matters, the Amended and Restated Bylaws update certain procedural requirements related to director nominations by stockholders in light of the “universal proxy” rules of the Securities and Exchange Commission (the “Universal Proxy Rules”) and reflect certain amendments to the Delaware General Corporation Law (the “DGCL”).”

Acushnet Holdings Corp. shareholders approved Non-Binding Vote on the Frequency of Future Votes on Executive Compensation at the 2023-06-05 meeting.

“Proposal No. 4 - Non-Binding Vote on the Frequency of Future Votes on Executive Compensation Stockholders recommended, in a non-binding advisory vote, that a non-binding advisory vote on the compensation paid to the Company's named executive officers should be submitted to stockholders every year. The voting results were as follows: One Year Two Years Three Years Votes Abstained Broker Non-Votes 61,759,045 5,610 602,981 22,512 1,891,673”

Acushnet Holdings Corp. shareholders approved Non-Binding Vote to Approve Executive Compensation at the 2023-06-05 meeting.

“Proposal No. 3 - Non-Binding Vote to Approve Executive Compensation Stockholders approved, in a non-binding advisory vote, the compensation of the Company’s named executive officers for fiscal year 2022. The voting results were as follows: Votes For Votes Against Votes Abstained Broker Non-Votes 62,263,046 91,081 36,021 1,891,673”

Acushnet Holdings Corp. shareholders approved Ratification of Independent Registered Public Accounting Firm at the 2023-06-05 meeting.

“Proposal No. 2 - Ratification of Independent Registered Public Accounting Firm Stockholders ratified the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm of the Company for the fiscal year ending December 31, 2023. The voting results were as follows: Votes For Votes Against Votes Abstained Broker Non-Votes 63,950,142 300,705 30,974 n/a”

Acushnet Holdings Corp. shareholders approved Election of Directors at the 2023-06-05 meeting.

“Proposal No. 1 - Election of Directors Stockholders elected the director nominees listed below to serve as members of the Board. The voting results for each nominee were as follows: Name Votes For Votes Withheld Broker Non-Votes David Maher 53,673,309 8,716,839 1,891,673 Yoon Soo (Gene) Yoon 51,318,157 11,071,991 1,891,673 Leanne Cunningham 62,113,784 276,364 1,891,673 Gregory Hewett 62,058,012 332,136 1,891,673 Ho Yeon (Aaron) Lee 52,800,586 9,589,562 1,891,673 Jan Singer 61,774,021 616,127 1,891,673 Steven Tishman 62,059,129 331,019 1,891,673 Keun Chang (Kevin) Yoon 52,068,151 10,321,997 1,891,673”

Acushnet Holdings Corp. entered into a equity purchase with Magnus Holdings Co., Ltd. valued at $100.0 million (effective 2023-06-09).

“On June 9, 2023, in connection with its existing $700.0 million share repurchase authorization, Acushnet Holdings Corp. (the “Company”) entered into an agreement with Magnus Holdings Co., Ltd. (“Magnus”) pursuant to which the Company will purchase up to an aggregate of $100.0 million of shares of its common stock from Magnus on a share-for-share basis as the Company repurchases shares in the open market or privately negotiated transactions.”

Sean Sullivan resigned as Director at Acushnet Holdings Corp..

“Mr. Sean Sullivan, who resigned from the Board effective June 1, 2023”

Thomas Pacheco resigned as Chief Financial Officer and Chief Accounting Officer at Acushnet Holdings Corp..

“who resigned from his position as Chief Financial Officer and Chief Accounting Officer (as previously disclosed in the Company’s Current Report on Form 8-K filed on March 24, 2023), effective as of June 1, 2023.”

Nicholas Mohamed was appointed as Principal Accounting Officer at Acushnet Holdings Corp..

“On June 5, 2023, the board of directors (the "Board") of the Company appointed Nicholas Mohamed, its Vice President and Controller, as the Company's Principal Accounting Officer, effective immediately.”

Acushnet Holdings Corp. reported first quarter ended March 31, 2023 results: revenue $686.3 million, net income Net income attributable to Acushnet Holdings Corp. of $93.3 million. Guidance reaffirmed.

“filing. --- EX-99.1 (EX-99.1) --- Acushnet Holdings Corp. Announces First Quarter 2023 Financial Results First Quarter 2023 Financial Results • First quarter net sales of $686.3 million, up 13.2% year over year, up 17.2% in constant currency • First quarter net income attributable to Acushnet Holdings Corp. of $93.3 million, up 15.2% year over year • First”

Sean Sullivan departed as Director at Acushnet Holdings Corp..

“Mr. Sullivan informed the Company of his intent to resign from the Board, effective June 1, 2023.”

Thomas Pacheco departed as Executive Vice President, Chief Financial Officer and Chief Accounting Officer at Acushnet Holdings Corp..

“Thomas Pacheco, the Company’s current Executive Vice President, Chief Financial Officer and Chief Accounting Officer, will resign from his position (as previously disclosed in the Company’s March 24, 2023 8-K filing), effective as of June 1, 2023, but will remain with the Company in a transitional role until August 15, 2023.”

Sean Sullivan was appointed as Executive Vice President and Chief Financial Officer at Acushnet Holdings Corp..

“On April 3, 2023, Sean Sullivan accepted an offer from Acushnet Holdings Corp. (the “Company”) to become its Executive Vice President and Chief Financial Officer.”

Thomas Pacheco departed as Executive Vice President, Chief Financial Officer and Chief Accounting Officer at Acushnet Holdings Corp..

“On March 20, 2023, Thomas Pacheco informed Acushnet Holdings Corp. (the “Company”) of his intent to resign as Executive Vice President, Chief Financial Officer and Chief Accounting Officer of the Company effective August 15, 2023 to pursue other interests.”

Acushnet Holdings Corp. reported the full year 2023 results: revenue $2.33 to $2.38 billion. Guidance initiated.

“The Company provided its full year 2023 Outlook, with expected net sales of $2.33 to $2.38 billion and Adjusted EBITDA of $345 to $365 million”

Acushnet Holdings Corp. reported the fourth quarter ended December 31, 2022 results: revenue $447.4 million, net income $0.1 million net loss.

“Fourth quarter net sales of $447.4 million, up 6.4% year over year, up 14.3% in constant currency • Fourth quarter net loss attributable to Acushnet Holdings Corp. of $0.1 million improved by $26.3 million compared to 2021”

Acushnet Holdings Corp. reported the full year ended December 31, 2022 results: revenue $2,270.3 million, net income $199.3 million.

“Full year net sales of $2.27 billion, up 5.7% year over year, up 11.2% in constant currency • Full year net income attributable to Acushnet Holdings Corp. of $199.3 million, up $20.4 million year over year”

Acushnet Holdings Corp. reported financial results for third quarter and nine months ended September 30, 2022.

“On November 3, 2022, Acushnet Holdings Corp. (the “Company”) issued a press release announcing the Company’s results of operations for the third quarter and nine months ended September 30, 2022.”

Ho Yeon (Aaron) Lee was appointed as Director at Acushnet Holdings Corp..

“On July 26, 2022, the board of directors (the “Board”) of Acushnet Holdings Corp. (the “Company”) appointed Mr. Ho Yeon (Aaron) Lee to the Board”

Jennifer Estabrook resigned as Director at Acushnet Holdings Corp..

“filling the vacancy left by the resignation of Ms. Jennifer Estabrook”

Jennifer Estabrook resigned as Director at Acushnet Holdings Corp..

“On July 14, 2022, Jennifer Estabrook notified Acushnet Holdings Corp. (the “Company”) of her intent to resign from the board of directors of the Company (the “Board”), effective as of July 26, 2022.”

Walter Uihlein retired as Director at Acushnet Holdings Corp..

“On December 6, 2021, Walter Uihlein notified Acushnet Holdings Corp. (the “Company”) of his intent to retire from the board of directors of the Company (the “Board”), effective as of December 31, 2021.”

Jan Singer was appointed as Director at Acushnet Holdings Corp..

“On November 15, 2021, the board of directors (the “Board”) of Acushnet Holdings Corp. (the “Company”) increased the size of the Board from eight directors to nine directors and appointed Ms. Jan Singer to fill the newly-created vacancy, effective immediately.”