Company: OSRH
Filing Date: 2025-01-24
Form Type: S-4/A
Source: 0001213900-25-006139
Chunk: 670

Company: OSR Holdings, Inc.
Filing Date: 2025-01-24
Form: S-4/A
Chunk 670
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24. Commitment and contingencies 24.1 Commitment with financial institution The details of the limit of financial transaction contracts and execution amounts entered with financial institutions as of December 31, 2022 is as follows (nil as of December 31, 2023):

| (Korean won in unit) |     | Details                       |     | Commitment     
 amount         |     | Executed       
 amount         |
| Woori Bank Co., Ltd. |     | Woori trust-on guarantee loan |     | ₩  330,000,000 |     | ₩  283,250,903 |

24.2 Collateral and guarantee provided for others The details of the collateral and payment guarantee provided by the Group for others as of December 31, 2022 is as follows (nil as of December 31, 2023):

| (Korean won in unit)        |     | Guarantee      
 amount         |     | Warrantee            |     | Reason of provision      |
| Korea Credit Guarantee Fund |     | ₩  267,300,000 |     | Woori Bank Co., Ltd. |     | Guarantee for borrowings |

24.3 Pending litigation No litigation cases are pending as of December 31, 2023 and 2022. 24.4 Restrictions on assets No financial assets are restricted in use as of December 31, 2023 and 2022. 24.5 Other commitment The Group has entered into various contractual commitments related to the acquisition of VAXIMM including a future financial obligation of CHF 143,356 underlying as of December 31, 2023. Meanwhile, both parties have agreed to remove section 6.1.3 of the license agreement that states that in the event of the Company’s sale to a third party, the Licensor shall reimburse the Licensee for reasonable costs and expenses incurred in the preparation, submission, maintenance, prosecution, and enforcement process.

F-125

25. Administrative expenses Details of administrative expenses for the years ended December 31, 2023 and 2022 are as follows:

| (Korean won in unit)                 |     |                2023 |     |            2022 |
| Salary                               |     | ₩     1,081,263,640 |     | ₩   434,573,002 |
| Retirement payment                   |     |