
Tristate Holdings Limited 334567 192022222222222222 Victoria Place, 5th Floor31 Victoria StreetHamilton HM 10Bermuda Peter TAN 6672 5(852) 2279-3888(852) 2480-4676http://www.tristateww.com Tristate Holdings Limited6672 5(852) 2279-3888(852) 2423-5576cosec@tristateww.com Peter TAN 19884581,000 MUFG Fund Services (Bermuda) Limited4th Floor NorthCedar House41 Cedar AvenueHamilton HM 12Bermuda 183171712 1716(852) 2862-8555(852) 2865-0990/2529-6087 Tristate Holdings Limited20236 302022 20236 30 20236 30 20236 30 20236 30 20236 30 20236 30 3. 1. Victoria Place, 5th Floor, 31 Victoria Street, Hamilton HM 10,Bermuda6672 5 (a) 81212 (i)(ii) 1988 20236 3020238 28 2. (b) 34 20226202220255 1 202220233 2022 2023719202312 31 202212 31202212 3120233 27 20236 30 4. 34 5. (i)(ii) 20236 30 5. (i)EBITDAEBITDA (ii)16 40,645,000202285,347,000 20236 30202210%13%202213% 20236 30 6. 7. 8. 20236 3016.5%202216.5% 11. 74,176,000202219,294,000271,607,2532022271,607,253 20236 3020226 3020236 302022630 20236 30 (b) 20236 3047,570,00020226 3023,342,00020236 301,975,00020226 301,711,0001,409,00020226 301,008,000 14. 20238 280.06202312 31 13. (a) 20236 3058,326,00020226 3028,521,000 (i) (ii) C.P. Company 20226 301646A 20236 30 20236 30202212 31 COVID-19 20236 3011,234,000202212 3111,121,000 18. 60 4590202212314590 20236 30 19. 22. 20236 304,034,00020221231793,000 (a) 23. (b) (a) 20236 3044,413,000202212 3127,648,000 20. 20236 30 (i)20232TDB Company LimitedTDBTDB320,000202333120234 1 (ii)TDB20236 30 21. (b) (i) 20236 30 20236 30202212 31 23. (b) (ii) 2012612,000,000201320143,500,00020168,500,000 24. (a) 20236 30202212 31 13 20236 30202212 31 (b) 20236 3020221231 Spyder2019 112020COVID-192022SpyderSpyder20232023630Spyder5420226 3048 2023630 20236 307,40020226 301,9002023Nautica 2022512023ReebokReebokReebok202320236 30Reebok23 C.P. Company2023C.P. Company 202317%COVID-19 Cissonne 202212COVID-192023Nautica72%2023630Nautica709320226 30158 1.NauticaSpyder Reebok 2.16 202320.55202216.25202226% 202311.2920228.36C.P. Company2022NauticaSpyder70%Reebok202252023 9.2720227.8911%73%202277%31% 31%202226%21%202221%15%202212%10%202214% 20232022Reebok 8.7720226.3342.7%202238.9%2023 20236 30 20236 30 2022NauticaReebok 222023630 20222%2023 20236 306,640202212 316,360 C.P. Company2023 C.P. CompanyNauticaSpyderNauticaReebok 20236 302.40202212313.01 Nautica 20236307,500202212311.07202212 3120236 301,100202212311,10020236 3020221231 C.P. CompanyNauticaSpyderReebok2023 Spyder ReebokReebokReebokReebok 2023 20236 30XV(i)352(ii) Silver Tree Holdings Inc.Silver Tree Holdings Inc.New Perfect Global Limited 100%New Perfect Global 20236 30271,607,253 1.2,500 2.20236 3010,000,000 20236 30XV(i)352(ii) 20236 30336 1.182,577,000Silver Tree Holdings Inc.Silver Tree Holdings Inc.New Perfect Global Limited 100%New PerfectGlobal LimitedSilver Tree Holdings Inc.New Perfect Global Limited182,577,000 2.20236 30271,607,253 20236 30336 201620166 62016202251 201620236 30 1.(i)(ii)(iii)(iv)25%4 2.1.00 3.20236 160.72 4.20231 120236 193,000,00025%122016(i)25%12(ii)202212 31(iii)201620236 193,000,0002016 5.201620162016 2022690.252 6. 0.720.724.97%51.95%3.506% 1,260 756,000 7.201619,268,72517,324,725 20160.011 20236 30C.2.1F.2.2 202213.51B(1) C.2.1C.2.1 20236 300.06202216,296,00020239 2920239 14 1999 202391220239 1420239 11430183171712 1716 F.2.220236 19202320232023 2023630 2022 20236 30 20238 28 20236 30