FF Global Holdings ^{Filed Terms, Nasdaq: FFGG}

Our Group is principally engaged in the trading of premium African hardwood logs sourced from natural forests within government-authorized concession areas in the Democratic Republic of the Congo. We conduct all of our operations through our indirectly wholly owned Singapore subsidiary, Future Faith Pte. Ltd. (“FFPL”). As a holding company, FF Global Holdings Ltd (“FF Global” or the “Company”) does not conduct operating activities of its own and depends entirely on the business, financial condition and results of operations of FFPL. In fiscal year 2025, we broaden our product offerings by introducing sawn timber, specifically European Ash sourced from a third-party processor in Vietnam. This addition allows us to address customer demand for sawn timber and facilitated our entry into Japan, a market where sawn timber is generally preferred over raw logs. We currently serve customers across Mainland China, Hong Kong, Vietnam, Japan and Dubai. We source our African hardwood logs primarily from Auronova Limited (“Auronova”), the sole distributor appointed by SCIBOIS Co. Our customer base consists of log traders, wood-processing companies, manufacturers and trading entities across Asia and the Middle East. In fiscal year 2024, our revenue was highly concentrated, with one major customer in Mainland China and one major customer in Hong Kong accounting for 96.1% of our total revenue.