On July 26, 2022, the board of directors of Acushnet Holdings Corp. appointed Mr. Ho Yeon (Aaron) Lee to the Board, filling the vacancy left by the resignation of Ms. Jennifer Estabrook, effective immediately. Mr. Lee has been the Chief Financial Officer of Fila Holdings Corp.

since September 2021 and the Head of Fila's Corporate Strategy Office since January 2018, and held a number of other positions since joining Fila in 2016. Mr. Lee has also been the President of Magnus Holdings Corp. since March 2021 and a member of the board of directors of Fila Luxembourg S.à.r.l. since 2019.

Magnus and Fila Luxembourg are wholly-owned subsidiaries of Fila, a public company listed on the Korea Exchange. Prior to joining Fila, Mr. Lee worked at Samsungbioepis Co. Ltd., assisting in development and commercialization of various biopharmaceutical products.