Company: OWLS
Filing Date: 2025-01-24
Form Type: DRS/A
Source: 0000950123-25-000547
Chunk: 362

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-01-24
Form: DRS/A
Chunk 362
---
                                                                                                                                                                                                                                        |

| 2. | The carrying amount of                                           
 right-of-use assets and the depreciation charge were as follows: |

|                          |     | December 31, 
 2022         |           |
|:-------------------------|:----|:-------------|----------:|
| Buildings                |     | $            | 2,618,896 |
| Transportation equipment |     |              | 2,662,192 |
| Total                    |     | $            | 5,281,088 |

|                          |     | 2022         
 Depreciation 
 charge       |           |
|:-------------------------|:----|:-------------|----------:|
| Buildings                |     | $            | 1,555,776 |
| Transportation equipment |     |              | 1,353,083 |
| Total                    |     | $            | 2,908,859 |

| 3. | For the year ended December 31, 2022, the additions to right-of-use assets were $ 2,627,291. |

F-94

PayNow Inc. Notes to the Financial Statements (Continued)

| 4. | Lease liabilities |

|                     |     | December 31, 
 2022         |           |
|:--------------------|:----|:-------------|----------:|
| Current portion     |     | $            | 3,085,053 |
| Non-current portion |     | $            | 2,270,939 |

| 5. | Additional lease information |

|                                        |     | 2022 |         |
|:---------------------------------------|:----|:-----|--------:|
| Expenses relating to short-term leases |     | $    | 496,633 |

The reconciliation of lease liabilities to cash flows arising from financing activities was as follows:

|                                       |     | 2022 |            |   |
|:--------------------------------------|:----|:-----|-----------:|:--|
| Balance at the beginning of year      |     | $    |  5,599,246 |   |
| Change from financing activities:     |     |      |            |   |
| Payment of lease liabilities          |     |      | (2,870,545 | ) |
| Other changes:                        |     |      |            |   |
| New lease                             |     |      |  2,627,291 |   |
| Interest expense                      |     |      |    142,