Company: OSRH
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076461
Chunk: 33

Company: OSR Holdings, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 33
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 to employees is determined by the contributions made to the fund, etc., and the investment income
generated from those contributions. Plan assets are managed independently from the Group’s assets in a fund managed by a trustee.

Darnatein’s pension plan has converted
from the DB type to the DC type at the end of March 31, 2017, and is obligated to pay severance payment as DB type which incurred before
the March 31, 2017.

Meanwhile, expenses recognized by
the Group in relation to the defined contribution retirement benefit plan for the six months ended June 30, 2025 and 2024 are $304,579
and $57,530, respectively.

(19)
Related party transactions

As of June 30, 2025, the Group’s
related parties are as follows:

  Type  Related parties  Ultimate parent entity  Bellevue Capital Management LLC  Major shareholder of the Parent  BCM Europe AG  Subsidiaries  RMC, VAXIMM, Darnatein, OSR Holdings Co., Ltd.  Associates  Taction Co., Ltd.  Other related parties  Bellevue Global Life Sciences Investors LLC 

There are no sales and procurement
transactions and treasury transactions with related parties for the six months ended June 30, 2025 and 2024.

22

Details of receivables and payables from
related party transactions as of June 30, 2025 and December 31, 2024 are as follows:

     June 30, 2025     Related parties  Short-term borrowings   Bellevue Capital Management Europe AG  Major shareholder of the Parent  $860,000  

     December 31, 2024     Related parties  Short-term borrowings   Key management  Individuals  $340,136  

Compensations paid or accrued to key
management of the Parent for the six months ended June 30, 2025 and 2024 are as follows:

    For the six months ended 

    June 30, 
    2025  
    June 30, 
    2024 
  
    Salaries 
    $344,552  
    $205,433 

The Group’s key management includes
registered directors who have important authority and responsibility for planning, operation, and control of the Group’s business
activities.

No collateral or guarantee were provided
for related parties and were received from related parties as of June