SCHEDULE 13G/A 0002028318 XXXXXXXX LIVE 1 Ordinary Shares, par value $0.0001 per share 06/30/2025 0001985273 TOYO Co., Ltd G8976D107 Tennoz First Tower F16, 2-2-4 Higashi-shinagawa, Shinagawa-ku Tokyo M0 140-0002 Rule 13d-1(d) BestToYo Technology Company Limited E9 9623757.00 0.00 9623757.00 0.00 9623757.00 N 27.3 CO (1) Represents 9,623,757 ordinary shares, par value $0.0001 per share (the "Ordinary Shares"), of TOYO Co., Ltd (the "Issuer") directly held by BestToYo Technology Company Limited ("BestToYo"). Mr. Junsei Ryu is the sole director of BestToYo and deemed to have voting, dispositive or investment powers over BestToYo. (2) Based on an aggregate of 35,308,040 Ordinary Shares issued and outstanding hereof based on such information as disclosed in the Issuer's annual report on Form 20-F filed on May 12, 2025, giving effect to the cancellation of 11,287,703 earnout shares (See "Item 4.A. - History and Development of the Company - Earnout Shares" of such annual report for more details). WA Global Corporation E9 15153628.00 0.00 15153628.00 0.00 15153628.00 N 42.9 CO (3) Represents 15,153,628 Ordinary Shares directly held by WA Global Corporation ("WAG"). Mr. Junsei Ryu is the sole director of WAG and deemed to have voting, dispositive or investment powers over WAG. (4) Based on an aggregate of 35,308,040 Ordinary Shares issued and outstanding hereof based on such information as disclosed in the Issuer's annual report on Form 20-F filed on May 12, 2025, giving effect to the cancellation of 11,287,703 earnout shares (See "Item 4.A. - History and Development of the Company - Earnout Shares" of such annual report for more details). Junsei Ryu M0 24777385.00 0.00 24777385.00 0.00 24777385.00 N 70.2 IN (5) Represents (i) 9,623,757Ordinary Shares held by BestToYo, and (ii) 15,153,628 Ordinary Shares held by WAG. Mr. Ryu also serves as the sole director of BestToYo and WAG, respectively. (6) Based on an aggregate of 35,308,040 Ordinary Shares issued and outstanding hereof based on such information as disclosed in the Issuer's annual report on Form 20-F filed on May 12, 2025, giving effect to the cancellation of 11,287,703 earnout shares (See "Item 4.A. - History and Development of the Company - Earnout Shares" of such annual report for more details). TOYO Co., Ltd Tennoz First Tower F16, 2-2-4, Higashi-shinagawa, Shinagawa-ku, Tokyo, Japan 140-0002 (1) BestToYo Technology Company Limited (2) WA Global Corporation (3) Junsei Ryu (1) BestToYo Technology Company Limited: c/o TOYO Co., Ltd, Tennoz First Tower F16, 2-2-4, Higashi-shinagawa, Shinagawa-ku, Tokyo, Japan 140-0002 (2) WA Global Corporation: c/o TOYO Co., Ltd, Tennoz First Tower F16, 2-2-4, Higashi-shinagawa, Shinagawa-ku, Tokyo, Japan 140-0002 (3) Junsei Ryu: c/o TOYO Co., Ltd, Tennoz First Tower F16, 2-2-4, Higashi-shinagawa, Shinagawa-ku, Tokyo, Japan 140-0002 (1) BestToYo Technology Company Limited: a Cayman Islands exempted company (2) WA Global Corporation: a Cayman Islands exempted company (3) Junsei Ryu: Japanese Y (1) BestToYo Technology Company Limited: 9,623,757 (2) WA Global Corporation: 15,153,628 (3) Junsei Ryu: 24,777,385, including (i) 9,623,757 Ordinary Shares held by BestToYo, and (ii) 15,153,628 Ordinary Shares held by WAG. (1) BestToYo Technology Company Limited: 27.3% (2) WA Global Corporation: 42.9% (3) Junsei Ryu: 70.2% (1) BestToYo Technology Company Limited: 9,623,757 (2) WA Global Corporation: 15,153,628 (3) Junsei Ryu: 24,777,385 (1) BestToYo Technology Company Limited: 0 (2) WA Global Corporation: 0 (3) Junsei Ryu: 0 (1) BestToYo Technology Company Limited: 9,623,757 (2) WA Global Corporation: 15,153,628 (3) Junsei Ryu: 24,777,385 (1) BestToYo Technology Company Limited: 0 (2) WA Global Corporation: 0 (3) Junsei Ryu: 0 Y Y Y Y Y BestToYo Technology Company Limited /s/ Junsei Ryu 08/14/2025 WA Global Corporation /s/ Junsei Ryu 08/14/2025 Junsei Ryu /s/ Junsei Ryu 08/14/2025