Tristate Holdings Limited 2346 13 254951 60646465666768 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 20191 11620191 12019 Tristate Holdings Limited202312 3113%42.163,1001.71 201930.01202342.16C.P. Company201923%202354%COVID-19 C.P. CompanyNauticaSpyder 2023C.P. Company20236%C.P. Company2023 Spyder20192020COVID-192022Spyder202367% 20225Reebok2023Reebok20222023 2022COVID-192023Nautica53%Nautica 20243 202322.83202227%C.P. Company202320232023NauticaSpyder53%67%20225Reebok20232023NauticaSpyder C.P. Company 0.19202390.060.25 19.33202220222023 C.P. Company 2024Massimo Osti StudioMassimo OSTIC.P. Company NauticaSpyder 20243 25 ReebokReebokReebok Spyder2019 112020COVID-192022Spyder202267%202312 31Spyder50202212 3158 Tristate Holdings Limited20231231 202312 311.7120223,100C.P. Company2023NauticaSpyder 202251Reebok2023Reebok2023202320234,900202312 31Reebok30202212 3115 2023C.P. Company2023202320236%C.P. Company2023202312 2023 Cissonne 2022COVID-1920222023Nautica53%202312 31Nautica719020221231167 1.16 2022NauticaReebok 42.16202237.3113% 202217.92202322.83C.P. Company202320222023NauticaSpyder53%67%Reebok202252023 20226% C.P. Company2022 19.33202219.396%71%202276%202315% 20232022C.P. CompanyNauticaSpyderReebok2023 32%202227%22%202220%13%202211%9%202212% 202312 314.63202212313.01 202312 313,300202212 311.07202320221231202312 311,000202212311,100202312 31202212 31 17.83202214.4942.3%202238.8%C.P. Company202238.8%202342.3% 20232022Reebok202312 31 20235,20020223,6004,900Reebok20223,100Spyder 202312 312022 NauticaNautica 2022202312 31 3420231231 Spyder 20241 15687,00020271 13,435,000MO IP Srl 45%MO IP SrlMASSIMO OSTIMassimo Osti Studio20241 15Tristate International SA95%MO IP SrlMASSIMO OSTIMassimo Osti Studio ReebokReebokReebokReebok 20232024 5859 202312 316,37020226,360 C.P. Company C.P. Company2024MASSIMO OSTIMassimo Osti StudioMassimo OSTIC.P. CompanyMassimoOSTIMassimo Osti Studio 20152548 Tristate Holdings Limited 202312 31C1C.2.1F.2.2 C.2.1202312 31C.2.11999 Peter TAN4950 F.2.220236 19202320232023 202312 31 C.2.1 20243 25 50% (a)(b)(c)(d)(e)(f )(g) Peter TANB.2.420232 13 3.133.13 50% 20232 13B.2.4 20232 1320251231 38% 202312 31 202312 316,37021%79%202312 311:4 *20232 13 ABC 202312 312023 3.10(2) 202312 31 (i)20232023(ii)202212 31(iii)202312 31(iv)(v)2023(vi)20236 30 202312 31 202312 31 (vii) (viii) (i) (ix) (ii) (x) (iii) (xi) (iv) (v) (xii) (vi) (iv)3,000,000(a)25%12(b)(c)12 202312 31 Peter TAN A.2.1 20231231 202312 31 (i) (ii) (iii) (iv)2023 20231231202312 31 202312 31202312 3112 202312 31 20243 2520241231 (i) 202312 31 (ii) (i)(ii)(iii) 6063 202312 31 A 2.B 202312 31 (i)(ii)(iii) 202312 31 (852) 2279-3888cosec@tristateww.com C3202312 31 2023 20232 133.29 2023 (i) (ii)F.2.2 (iii) (iv) 2024 24 20246 24106672 5 5A 1. 3. 2. (i)(ii) 4. 2023 (i)6672 5(ii)(852) 2279-3888(iii)(852) 2423-5576(iv)cosec@tristateww.com 20243 25 202320234 28 1 2 2.1 Tristate Holdings LimitedTristate202312 31 2.2 Tristate1937C.P.Company 2.3 20231 1202312 31 2.4 (i)(ii)C.P. Company(iii) 2.5 C2202312 31 2.6 2024325 3 3.1 Tristate Tristate 3.1.1 3.2 Tristate 3.3 4 4.1 2021 4.2 TristateTristate 5 5.1 2025 2023 Tristate C.P. CompanyC.P. CompanyC.P. CompanyC.P. Company 5.2 WorldlyHigg • • 5.2.1 (a)(b)(c) (a) •878,34033%386.47•1,6001,000•••• •••••••••LEDLED•ISO 14001 (b) (c) 5.2.2 • • • • • • • • • • C.P. CompanyC.P. Company 5.2.3 5.3 (MRSL) 5.3.1 5.2.1 20182010 5.3.2 2022 5.3.3 (ZDHC) 5.3.4 20202021 LED 5.4 (Carbon Leadership Program) • ••• 5.5 5.6 6 6.1 57 Tristate 6.2 6.3 6.4 6.5 Tristate201 6.6 2015 7 7.1 7.1.1 7.1.2 Tristate(Responsible DownStandard)RDS(Responsible Wool Standard)RWS(Sustainable RegeneratedCellulosics Content Standards)SRCCSSVCoC(Global Recycled Standard)GRS(Organic Content Standards)OCS(Better Cotton Initiatives)BCI RDSRDSRDSRWSRWSRWSSRCCSSVCoCSRCCSGRSGRSOCSOCSBCIBCI 7.1.3 7.2 7.2.1 7.2.2 BSc771999420221 BScMBA701999200140Hua Thai Manufacturing Public CompanyLimited JPBSc MSc731999VTech Holdings Limited 19982005New Perfect GlobalLimitedSilver Tree Holdings Inc. 751998640The Taiwan Fund, Inc.Top Glove Corporation Bhd.Shanghai Century Capital Limited 106199920012002Hua Thai Manufacturing Public Company Limited 5820024Linden StreetCapital LimitedMilestone Capital Strategic HoldingsLimited 48CissonneC.P. Company20062014Cissonne Lorenzo OSTILorenzo OSTI502015201911Tristate International SAC.P. CompanyMassimoOsti StudioLorenzoOSTIMassimo OSTI30L