Company: OWLS
Filing Date: 2025-02-07
Form Type: DRS/A
Source: 0000950123-25-001222
Chunk: 164

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-02-07
Form: DRS/A
Chunk 164
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 foreign exchange gain (loss) (including realized and unrealized portions) amounted to US$(305,210) and US$(618,777), respectively. For a hypothetical 5% strengthening or weakening of the U.S. dollars against the JPY and TWD, our net loss would have increased or decreased by US$878,412 for the nine months ended September 30, 2024. See “Risk Factors—Fluctuations in exchange rates could result in foreign currency exchange losses in our business.” 113

Interest Rate Risk

We are exposed to fair value interest rate risk in relation to pledged bank deposits, other financial assets and lease liabilities. We are also
exposed to cash flow interest risk in relation to variable-rate bank balances, and variable-rate bank borrowings which carry prevailing market interests. We manage our interest rate exposures by assessing the potential impact arising from any
interest rate movements based on interest rate level and outlook. Management will review the proportion of borrowings in fixed and floating rates and ensure they are within reasonable range.

Credit risk

Our
maximum exposure to credit risk which will cause a financial loss to us due to failure to discharge an obligation by the counterparties arises from the carrying amount of the respective recognized financial assets as stated in the consolidated
statement of financial position (including rental deposits, account receivables, other receivables, other financial assets, pledged bank deposits and bank balances).

We consider pledged bank deposits and bank balances that are deposited with financial institutions with high credit ratings to be low credit
risk financial assets. In addition, account receivables in connection with bills settled through payment platforms and the issuer of other financial assets are also with high credit ratings and no past due history. We consider most of these assets
to be short-term in nature and the probability of default is low and no expected credit loss was recognized as of December 31, 2022 and 2023, and as of September 30, 2024.

We have established a credit policy conducting a credit assessment for our clients before our standard payment and delivery terms and
conditions are offered. Purchase limits are established for each of our customers, representing the maximum open amount without requiring approval, which will be reviewed by us on a quarterly basis.

Liquidity risk

We
manage our liquidity risk by regularly monitoring our liquidity requirements to ensure that we maintain sufficient reserves of cash to meet our liquidity requirement in the short and longer term. For details, see “— Liquidity and Capital
Resources.”

114

BUSINESS