Acushnet Holdings Corp. — Director's Dealing 2021

May 17, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Acushnet Holdings Corp. (GOLF)
CIK: 0001672013
Period of Report: 2021-05-17

Reporting Person: Yoon Keun Chang Kevin (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-17	Common Stock	S	650000	$48.68	Disposed	37803827	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8324	Direct

Footnotes

F1: Represents shares sold by Magnus Holdings Co., Ltd. for liquidity purposes. Magnus Holdings Co., Ltd. has indicated to the Issuer that it currently plans to retain its majority stake in the Issuer and has entered into a lock-up agreement with the Issuer pursuant to which it has agreed to certain sale and transfer restrictions for a period of 30 days relating to its remaining shares of the Issuer's common stock, subject to certain exceptions.

F2: These shares are held directly by Magnus Holdings Co., Ltd., a subsidiary of Fila Holdings Corp. The reporting person is the President and Chief Executive Officer of Fila Holdings Corp. and may be deemed to be the beneficial owner and have voting and dispositive power with respect to the shares held by Magnus Holdings Co., Ltd. The reporting person disclaims beneficial ownership over the shares of Issuer common stock held by Magnus Holdings Co., Ltd., except to the extent of his pecuniary interest therein.