#1FGI Investor Presentation December 2023#22 Disclaimer Certain matters discussed in this presentation contains forward-looking statements concerning our business, operations and financial performance and conditions, as well as our plans, objectives and expectations for our business operations and financial performance and condition. These statements may be preceded by, followed by or include the words "may," "expect," "will," "will likely result," "should," "estimate," "plan" and other similar expressions that are predictions of or indicate future events and future trends. These forward-looking statements are inherently subject to risks and uncertainties, many of which are beyond our control. Risks and uncertainties that could cause our actual results to differ from those expressed in, or implied by, our forward-looking statements include, but are not limited to, the levels of residential repair and remodel activity, and to a lesser extent, new home construction; the effects of inflationary pressures and interest rates on demand for our products, our costs and our ability to access capital; our ability to maintain our strong brands and reputation and to develop innovative products; our ability to maintain our competitive position in our industries; our reliance on key suppliers and customers; the length and severity of the ongoing COVID-19 pandemic, including its impact on domestic and international economic activity, consumer confidence, our production capabilities, our employees and our supply chain; the cost and availability of materials and the imposition of tariffs; risks associated with our international operations and global strategies; our ability to achieve the anticipated benefits of our strategic initiatives; our ability to successfully execute our acquisition strategy and integrate businesses that we may acquire; risks associated with our reliance on information systems and technology, and our ability to achieve the anticipated benefits from our investments in new technology; our ability to attract, develop and retain talented and diverse personnel; our ability to obtain additional capital to finance our planned operations; regulatory developments in the United States and Internationally; our ability to establish and maintain intellectual property protection for our products, as well as our ability to operate our business without infringing the intellectual property rights of others; and other risks and uncertainties, including those listed under the caption "Risk Factors" in Part I, Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2022, as well as subsequent reports we file from time to time with the U.S. Securities and Exchange Commission (available at www.sec.gov). These forward-looking statements are based on management's current expectations, estimates, forecasts and projections about our business and the industry in which we operate, and management's beliefs and assumptions are not guarantees of future performance or development and involve known and unknown risks, uncertainties and other factors that are in some cases beyond our control. In light of the significant uncertainties in these forward- looking sta ements, you should not rely upon forward-looking statements as predictions of future events. Any forward-looking statements and projections made by third parties included in this presentation are not adopted by our company, and we are not responsible for these third-party statements and projections. Although we believe the expectations reflected in the forward-looking statements are reasonable, the future results, levels of activity, performance or events and circumstances reflected in the forward-looking statements may not be achieved or occur at all. Except as required by law, we undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. FGI#3FGI Industries at a Glance Leading global B2B supplier of Kitchen and Bath Products 3 FGI is a leading global B2B supplier of Kitchen and Bath products with a reputation of Innovation, Quality and Service developed over 30 years in conjunction with our parent company, Foremost Groups Ltd. Strong Growth Opportunity • BPC strategy offers meaningful growth potential ● Founded in 1988 Favorable Market Trends Repair and Remodel market generates stable, predictable growth; limited exposure to new construction ● Attractive Operating Model Outsourced manufacturing model and strong partner relationships provide flexibility and downside protection IPO in January 2022 Capital Efficient Model Capital-lite model drives strong free cash flow conversion ● Strong Balance Sheet Low net debt(1) relative to earnings, attractive liquidity Recent Performance $120MM Revenue Business (1) See attached appendix for reconciliation of GAAP and non-GAAP financial measures + 530 bps 3Q23 gross margin expansion New Construction 20% EU Canada 10% 25% Owned Brands 40% E-Commerce 21% Wholesale/Commercial 37% Repair/Remodel 80% USA 64% Private Label 60% Specialty 2% $20.9MM of cash and liquidity at 9/30/23 Mass Retail 40% $2.6MM Net Debt Position at 9/30/23(1) FGI#4Company Overview Diverse Business Mix Provides Stability ● Sanitaryware $105MM in 2022 Sales (65% of sales) $12.5Bn market opportunity Sanitaryware segment markets and sells toilets, sinks, pedestals, and toilet seats. 4 contrac avenue CRAFT + MAIN ● ● 1 Bath Furniture $30MM in 2022 Sales (18% of sales) $22Bn market opportunity Bath Furniture segment markets and sells vanities, mirrors, and cabinets CRAFT + MAIN Shower Systems • $22MM in 2022 Sales (14% of sales) $12Bn market opportunity ● Shower systems segment markets and sells shower walls, shower doors, and shower basins JETCOAT SHOWER WALL SYSTEM ● ● Other (Kitchen Cabinetry, etc.) $6MM in 2022 Sales (4% of sales) $18Bn market opportunity Other segment consists primarily of our custom kitchen cabinetry business COVERED BRIDGE CABINETRY CRAFT + MAIN® CABINETRY FGI#5Company Overview Global Operational Footprint and Customer Base United States & Canada • EAST HANOVER, NEW JERSEY US Operations & Warehouse • HOBART, INDIANA Shower Door Production Center Warehouse & Distribution • WOODLAND, CALIFORNIA Warehouse 5 • TORONTO, CANADA Canada Operations & Warehouse Office Europe Factory • DUSSELDORF, GERMANY European Operations • CHRISTCHURCH, ENGLAND UK Operations Asia-Pacific • TANGSHAN, CHINA Product Purchasing & Development Center • TAIPEI Global Support Center • CAMBODIA Kitchen Production Center • SYDNEY, AUSTRALIA Australasia Operations United States & Canada COSTCO FERGUSON WHOLESALE HDSUPPLY. LOWE'S SUPPLY WOLSELEY ROBINSON RONA Walmart YORKWEST PLUMBING SUPPLY INC. Europe REWE HORNBACH *BAUHAUS THE HOME DEPOT build WITH FERGUSON wayfair MENARDS® E-Commerce dh CONAD HELLWEG Ihr Baufreund IDEEN MUSS MAN HABEN amazon THE HOME DEPOT FGI#6Company Overview Experienced Management Team 6 John S. Chen Executive Chairman John appointed Executive Chairman in 2021 Prior to joining FGI, John spent 2 years as Executive Vice President of Corporate Development for Foremost Groups, Ltd. John spent 11 years in the investment management industry and 2 years as a securities lawyer. David Bruce Chief Executive Officer Dave was named CEO in 2021 Prior to being named CEO, Dave served as the EVP of the Kitchen & Bath division for Foremost Groups, Ltd. and had been with the company for 23 years. Perry Lin Chief Financial Officer Perry was named CFO in 2021 Prior to being named CFO, Perry was Vice President of Corporate Finance for Foremost Groups, Ltd. and had been with the company for 11 years. Prior to joining Foremost, Perry served as audit manager at KPMG for ten years. Bob Kermelewicz EVP of FGI USA Bob was named head of FGI USA in 2021 Prior to this position, Bob spent twenty- three years as an Executive Vice President of the Kitchen & Bath Division at Foremost Groups, Ltd. Jennifer Earl EVP of FGI Canada Jennifer was named head of FGI Canada in 2021 Prior to this position, Jennifer held various roles at Foremost Groups, Ltd. for twenty-three years in sales, product development, and marketing. Norman Kroenke EVP of FGI Europe Norman was named head of FGI Europe in 2021 Prior to this position, Norman served as the Executive Vice President of Foremost International GmbH & Co.KG., a position he held for over fifteen years, during which time he focused on building a European sales presence for Foremost's sanitaryware platform. FGI#77 Key Investment Highlights FGI#8Key Investment Highlights Opportunity to drive significant shareholder value 8 00 Diversified Portfolio and History of Innovation Diversified mix of products, market segments and sales channels Tradition of strong innovation with leading 'on-trend' designs: Innovation, Quality, Services Attractive Growth Opportunity Brands, Products, Channels (BPC) growth strategy Margin Improvement Initiatives More favorable mix and efficiency measures to drive margin improvement Attractive Operating Model Capital-lite model manufacturing model and strong partner relationships Favorable industry trends • K&B are most significant areas of home improvement, Stability of R&R Capital Deployment Strategy Re-invest, Bolt-on acquisitions, Return of Capital • We are dedicated to driving shareholder value through a strict focus on our strategic priorities which include our BPC strategy to drive organic growth, enhanced financial performance, and a disciplined capital deployment philosophy. FGI#9Diversified Portfolio and History of Innovation Positioned for growth with diversified portfolio of innovative products GOOD, BETTER, BEST STRATEGY 9 allen + roth by LOWE'S GOOD FERGUSONⓇ PROFLO HDSUPPLY. seasons GLACIER BAY. by «ПИОН DEPOT BETTER contrac CRAFT + MAIN JETCOAT BEST avenue COVERED BRIDGE CABINETRY VENUE FGI#1010 Well Positioned in the $100B+ Global Kitchen & Bath Market HIGH HIGHER QUALITY MID-TO-HIGHER PRICE POINTS BETTER SUPPLY CHAIN BETTER OPERATIONS LOW corona MASCO TOTO KOHLER. LIXIL Fortune Brands 14 A home and security company UNION IDEAS IN MOTION FRAGMENTED SUPPLIERS 60%+ OF INDUSTRY FGI MORE POTENTIAL PRODUCT-CATEGORY OFFERINGS HIGHER GROWTH POTENTIAL HIGH FGI#11Attractive Growth Opportunity BPC Strategy Provides Opportunity for Above Market Growth Well-defined brand architecture leads to better product development cycle Owned-brand development + strong private label market position Improving the quality, not just volume of brands Multi-year brand development plan across 11 100% self-designed products Product design teams in US, Asia and Europe BRANDS PRODUCTS BPC Strategy Recent investment into "3D" capabilities 75% existing products; ~25% new products in any given year (4+ year cycles) CHANNELS Driving product development platform across various sales channels Growing e-commerce, 'omni-channel' channel development Growing commercial channel development (hospitality, builder, contractor) Growing non-US sales channel growth initiatives (Canada, Germany, UK, AU) FGI#1212 Margin Improvement Initiatives Growth and efficiency plans to generate improvement in operating margins Margins were pressured during 2022 due to supply chain challenges and inflationary headwinds, but we expect meaningful margin improvement in coming years. We are driving cost reductions through ongoing efficiency measures Our higher growth verticals generate better margins resulting in improved mix We will from significant operating leverage as we scale the business 4.7% 2020 4.3% 2021 ADJUSTED OPERATING MARGIN(¹) 3.5% 2022 Ongoing efficiency measures (1) See attached appendix for reconciliation of GAAP and non-GAAP financial measures Improved mix Operating Leverage 7-9% Target FGI#13Attractive Operating Model Flexible, capital-lite operating model provides protection in a downturn Step 1 Product Innovation and Design Tradition of strong innovation across various product platforms with leading 'on-trend' designs: Innovation, Quality, Service. FGI benefits from a flexible, capital-lite operating model. FGI is a leading innovator and designer of kitchen and bath products and utilizes a global network of trusted suppliers to produce our products. These products are then distributed through our networks of channel partners. n 13 EBE • De-centralized operating structure and culture allows for relevant, purposeful, and efficient decision-making. Step 2 Trusted Supplier Partners and Affiliate Manufacturing 75% of product manufacturing is outsourced to a trusted network of global supplier partners with 30-year operating relationships 25% of products sourced from Affiliate Manufacturing which consists of our parent company, Foremost Groups Ltd. FLEXIBLE GLOBAL SOURCING STRATEGY LONG-TERM DISTRIBUTION PARTNERS 0000 LOW CAPEX NEEDS Step 3 Global Distribution and Support Network • FGI has developed a global distribution network with a deep supply-chain network. • FGI provides manufacturing support and customer service through its global network. Step 4 Trusted Customer Partners • FGI has long-standing relationships with many of the leading wholesalers and retailers of kitchen and bath products, including Home Depot, Lowe's, Menard's, and Ferguson. EFFICIENT WORKING CAPITAL PLANNING FGI#14Favorable Industry Trends Kitchen and Bath R&R market provides stable, predictable growth 14 Repair & Remodel Provides Stable, Predictable Growth The Repair & Remodel US market segment has generally experienced consistent and above-GDP growth rates over the past 25 years of ~3-5% per year. The number of homes entering their prime remodeling years (20-39 years old) will grow by 2.9 million by 2027. These homes have 15- 24% more K&B remodels than the average home. FGI maintains a durable competitive advantage thanks to strict industry regulations governing engineering and product development, paired with low obsolescence risk due to slow design evolution. Kitchen and Bath Represent Most Significant Area of Home Improvement Spending and Provide, Highest, Return to Homeowners 10 Best ROI Home Improvement Projects: #1 Minor Bathroom Remodel: ROI average 102% #3 Minor Kitchen Remodel: ROI average 98.5% #5 Major Bathroom Remodel: ROI average 93.2% #6 Major Kitchen Remodel: ROI average 91% Kitchen and Bath account for 50% of all home renovations Bathroom Kitchen Living Room Primary Bedroom Source: Fortune Builders: The 10 Best ROI Home Improvements Basement 8% 18% 20% 23% 27% Source: HouseMethod: The State of Remodeling in the US (2022 Report) FGI#1515 Capital Deployment Strategy Opportunity to create value through efficient capital deployment Capital Deployment Priorities 2023 -2024 Capital Allocation Priorities • Re-Invest in Core Businesses with Evergreen Expansion Opportunities Selective Bolt-on Acquisitions 2025+ Capital Allocation Priorities ● ● Acquisitions and Organic Growth Investments Excess Free Cash Flow for Dividends and Repurchases A FGI#1616 New Business Integration Focus on value-add through meaningful acquisitions Bolt-On Strategy MARKET • Thousands of small suppliers • Evergreen product lines, categories and geographies • Look for good teams and product lines, not turnarounds VALUE • Price is right • Must be financially accretive • Return on Capital > Cost of Capital TARGETS • "Fit with FGI" core competencies • Complementary sales and distribution strategy • Opportunity for cost and revenue synergies • Will pursue large, strategic options if possible ● ● ● Previous Examples Shower Business Hired shower-door team from competitor • Grew the business to over $3mm in Gross Profit Custom Kitchens Built world-class cabinet production capability in Asia Recruited top-tier talent from troubled US-firms Well-positioned to grow US share and presence FGI#1717 Value Creation Strategy Deploying capital to drive long-term shareholder value LONG-TERM VALUE CREATION FORMULA: Above industry organic growth + Operating margin expansion + Strong balance sheet and cash flow conversion + Smart capital deployment = STRONG EARNINGS GROWTH BPC Strategy • Grow Brands, Product categories and sales Channels • Focus on higher incremental margin sales opportunities Enhanced Financial Performance Ongoing initiatives to boost operating margins • Focused on "return on capital" discipline Cashflow and balance sheet management ● ● Capital Deployment Strategy e-invest in core businesses with evergreen expansion opportunities ● ● ● Selective bolt-on acquisitions Excess free cashflow for dividends or repurchases FGI#1818 Repair and Remodel Industry Outlook FGI#19Repair and Remodel Industry Outlook Repair & Remodel Growth Expected to Remain Resilient 800 700 600 500 400 300 200 100 O 19 5.8% R&R Spending is expecting to remain resilient during current downturn 2Q20 8.4% 344 354 363 371 383 396 406 414 10.6 % 10.9% 11.3% 11.7% 12.0% 11.5% 3Q20 4Q20 1021 2Q21 3021 4Q21 1022 15.7% 443 2Q22 17.2% 15.8% 3Q22 464 470 469 4Q22 13.4% Source: Joint Center for Housing Studies of Harvard University 1Q23 9.3% 5.4% 484 489 479 2Q23 3Q23 2.0% 457 454 452 4Q23E -2.7% 1Q24E -6.3% Homeowner Improvement & Repairs - Four Quarter Moving Totals ($Bn) →Four Quarter Moving Rate of Change 2Q24E -7.7% 3Q24E 25.0% 20.0% 15.0% 10.0% 5.0% 0.0% -5.0% -10.0% -15.0% -20.0% -25.0% Long-term drivers of R&R spending remain favorable Significant aging of US housing stock 85%+ of mortgages locked in below 5% Structural deficit in housing supply- demand Home equity levels remain strong and supportive of R&R spending Source: Redfin FGI#20Repair and Remodel Industry Outlook Significant Opportunity for Market Share Gains and New Market Expansion (in Billions) 20 KITCHEN MARKET $76.2 Kitchen Products Appliances Cabinets Countertops Flooring Sinks Lighting Ventilation Faucets 2021 $18.2 $18.2 $14.0 $12.3 $4.5 $3.7 $2.9 $2.4 TOTAL KITCHEN & BATH $158.6 FGI's current product portfolio represents a $75Bn market opportunity Source: National Kitchen And Bath Association: 2021 Kitchen and Bath Market Outlook BATH MARKE $82.4 Bathroom Products Bathroom Flooring Showers Bathroom Vanities Bathtubs Bathroom Countertops Toilets Bathroom Sinks Bathroom Lighting Bathroom Faucets Bathroom Ventilation Medicine Cabinets 2021 $12.4 $12.4 $10.3 $10.2 $9.2 $6.5 $5.9 $5.3 $4.3 $3.3 $2.6 1 FGI has significant opportunity to expand share in its current product portfolio, with a market share position of less than 1%. Additionally, the current portfolio addresses less than 50% of the total K&B market, providing significant new market expansion opportunity. FGI#2121 Third Quarter Overview and Financial Review FGI#22Business Highlights - 3Q23 3Q23 results were highlighted by continued gross margin improvement, further progress on our BPC strategy, and disciplined working capital management 22 ● ● Revenue pressured by de-stocking and macro headwinds Progress on BPC strategy positioning company for growth • Meaningful gross margin improvement • Strong financial position (1) See attached appendix for reconciliation of GAAP and non-GAAP financial measures Revenue Third quarter revenue declined 22% driven by continued inventory de-stocking and uneven demand trends Organic Growth Initiatives We made progress on recently announced new awards and continued to add new dealers for our custom kitchen cabinetry business. Our agreement to license overflow toilet technology was expanded to include Canada. Gross Margin Third quarter gross margin was 26.2%, up 530 basis points from the prior year Operating Income Operating income was impacted by ongoing investments in our BPC organic growth initiatives Strong Financial Position We ended the quarter with only $2.6 million of net debt(¹) and total liquidity of $20.9 million Favorable Market Trends Demand trends across most of our key product categories remained relatively stable despite the macro headwinds FGI#23Quarterly Consolidated Financial Results Total Revenue $MM Gross Profit $MM $38.5 23 $29.9 3Q22 3Q23 $182.1 $118.1 LTM - LTM - 3Q22 3Q23 Total third quarter revenue decreased 22.3% driven by inventory de-stocking across each of our business lines as well as uneven demand trends. $8.0 $7.8 3Q22 3Q23 $31.6 $30.6 (1) See attached appendix for reconciliation of GAAP and non-GAAP financial measures LTM LTM - 3Q22 3Q23 Gross profit was down only 2.6% compared to last year, as the volume headwinds were offset by a shift in the revenue mix towards higher-margin shower systems and custom kitchen cabinetry businesses. As a result, gross margin was 26.2% during 3Q23, up from 20.9% in the prior-year period. Adjusted Operating Income Adjusted Net Income $MM $MM $1.7 3Q22 $0.6 3Q23 $5.2 $2.9 LTM - LTM - 3Q22 3Q23 Adjusted operating income was $0.6 million, down from $1.7 million, due to lower gross profit and an increase in operating expenses tied to growth initiatives. Adjusted operating margin was 2.0% during 3Q23, down from 4.5% last year. $1.3 $0.4 3Q22 3Q23 $4.0 $1.5 LTM LTM - 3Q22 3Q23 Adjusted net income for the third quarter of 2023 was $0.4 million, versus adjusted net income of $1.3 million for the same period last year. FGI#24Quarterly Business Line Results Revenue by product category $25.5 Sanitaryware ($MM) $20.7 3Q22 3Q23 $104.5$104.8 $75.2 2021 2022 LTM 3Q23 Sanitaryware revenue decreased to $20.7 million, down from $25.5 million last year, driven by inventory de-stocking primarily in the pro channel. How ever, Sar yware revenue increased 10% sequentially, the second consecutive quarter of sequential gains, as some customers are beginning to return to more normal order patterns. 24 $5.6 Bath Furniture ($MM) $55.3 $2.5 3Q22 3Q23 $29.5 $18.4 2021 2022 LTM 3Q23 Bath Furniture revenue was $2.5 million, down from $5.6 million last year, as the broader bath furniture market, in particular bath cabinetry, has continued to experience sluggish demand trends, causing channel inventory levels to remain stubbornly high. Shower Systems ($MM) $5.4 $4.9 3Q22 3Q23 $19.1 $21.9 $18.0 2021 2022 LTM 3Q23 Shower Systems revenue was $4.9 million during 3Q23, down from $5.4 million last year due to modest inventory de-stocking and order timing. Overall momentum in the business remains strong, with recent new program awards expected to drive improved trends into 2024. $2.0 $1.7 3Q22 3Q23 Other ($MM) $3.1 $5.8 $6.5 2021 2022 LTM 3Q23 Other revenue was $1.7 million during 3Q23, down modestly from the prior year. Momentum in the business remains strong driven by continued growth in the dealer network and the expected benefit of the new kitchen cabinetry initiative expected to launch in 2024. FGI#25Balance Sheet & Liquidity Update Cash & Availability ($MM) $23.8 $22.5 $22.6 25 Significant working capital improvements have strengthened the balance sheet and liquidity • Cash and availability was $20.9 million at 3Q23 owing to free cash flow conversion, improved working capital and availability under our facilities Inventory has declined by $6 million from 3Q22 as supply chain issues have normalized • Net debt was $2.6 million at 3Q23 down from a peak level of $11.6 million during 2022 (1) See attached appendix for reconciliation of GAAP and non-GAAP financial measures $10.5 $6.4 $21.6 $11.0 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 Inventory ($MM) $18.7 $16.0 $20.9 $13.3 $9.9 $9.8 $9.8 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 $7.5 Net Debt (¹) ($MM) $11.6 $7.0 -$0.3 1Q22 2Q22 3Q22 4Q22 $1.0 $1.0 $2.6 1Q23 2Q23 3Q23 FGI#2626 Financial Outlook Revenue 2023 FINANCIAL OUTLOOK $115 - 120 million Adjusted Operating Income $2.0 - $2.8 million Adjusted Net Income $1.0-1.5 million The Company's 2023 guidance includes roughly $0.8 million in costs related to investments with a major retail customer in addition to a previously announced new custom kitchen cabinetry business venture. Guidance for adjusted operating income and adjusted net income is presented on an adjusted basis and excludes non- recurring items. All guidance is current as of the time provided and is subject to change. FGI#27Investment Conclusion Ample liquidity to support ongoing growth of business TRUSTED GLOBAL SUPPLIER We are global, diversified, and reputable supplier of quality kitchen & bath products (Innovation, Quality, Service). With decades of continuous innovation and strategic investment, we have become a trusted partner for many of the world's largest retailers and wholesalers. ATTRACTIVE MARGIN OPPORTUNITY As a carve-out division from a parent company, we will leverage our independence and our prior investments to generate improved financial performance. VALUE-ACCRETIVE BOLT-ONS We may engage in selective "bolt-ons" and large, strategic M&A, should such opportunities clear our return-on-capital hurdles. 27 STRONG ORGANIC GROWH We pursue a "BPC" strategy: focus on Brands, Products and sales Channel. Our BPC plan is the key driver of our growth strategy. STRONG SHAREHOLDER ALIGNMENT High insider holding by our original parent holding company, will ensure a strong alignment of interests with our public shareholders. O FGI#28Appendix 28 Income from operations Adjustments: Arbitration legal fee Anti-dumping penalty Non-recurring IPO-related compensation IPO legal fee Business expansion expense Adjusted income from operations Revenue Adjusted operating margins $ For the Three Months Ended September 30, 2023 481,690 59,719 61,770 603,179 $ 29,932,612 2.0 % 2022 1,668,292 59,719 1,728,011 $38,544,062 4.5 % $ For the Last Twelve Months Ended September 30, 2023 2,062,628 221,258 124,865 238,876 50,000 185,312 2,882,939 118,075,018 2.4% $ 2022 4,800,852 415,121 T 5,215,973 182,118,906 2.9 % FGI#29Appendix 29 Net income Adjustments: Arbitration legal fee Anti-dumping penalty Non-recurring IPO-related compensation IPO legal fee Business expansion expense Total Tax impact of adjustment at 18% effective rate GILTI high tax re-selection Adjusted net income $ $ For the Three Months Ended September 30, 2023 343,492 59,719 61,770 464,981 -22,961 442,020 $ $ 2022 1,272,142 59,719 1,331,861 -10,749 1,321,112 $ For the Last Twelve Months Ended September 30, 2023 835,653 $ 221,258 124,865 238,875 50,000 185,312 1,655,963 -151,386 $ 1,504,577 $ 2022 4,013,653 415,121 4,428,774 -74,722 -338,043 4,016,009 FGI#30Appendix 30 Cash Total Debt Net Debt 2Q22 1Q22 8,793,338 3,126,305 16,321,410 14,690,048 7,528,072 11,563,743 3Q22 4Q22 5,981,019 10,068,777 13,007,649 9,795,052 7,026,630 (273,725) 1Q23 2Q23 3Q23 7,380,232 6,894,762 5,369,947 8,426,548 7,863,680 7,962,203 1,046,316 968,918 2,592,256 FGI