Company: OSRH
Filing Date: 2025-01-29
Form Type: S-4/A
Source: 0001213900-25-007923
Chunk: 913

Company: OSR Holdings, Inc.
Filing Date: 2025-01-29
Form: S-4/A
Chunk 913
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 |   |     | 0.3586 |   |     | 0.3063 |   |     | 0.2616 |   |
| Present Value of FCF |     |         |     |      |     |      |     |      |     |      |     |      |     | (7,146 | ) |     | (6,766 | ) |     | (11,611 | ) |     | (5,434 | ) |     | (3,910 | ) |     |  1,098 |   |     | 13,470 |   |     |  9,183 |   |     |    620 |   |
| rNet Present Value   |     | 104,147 |     |      |     |      |     |      |     |      |     |      |     |        |   |     |        |   |     |         |   |     |        |   |     |        |   |     |        |   |     |        |   |     |        |   |     |        |   |

Annex I-26

Estimating Future Cash Flows to Calculate Enterprise Value Darnatein Co., Ltd.
DRT 101 (Osteoarthritis) - 2/3

| Currency: USD k      |     |         |     |   FY33 |   |     |    FY34 |   |     |    FY35 |   |     |    FY36 |   |     |    FY37 |   |     |    FY38 |   |     |    FY39 |   |     |    FY40 |   |     |    FY41 |   |     |    FY42 |   |     |    FY43 |   |     |    FY44 |   |
| Revenue              |     |         |     | 22,793 |   |     |  42,718 |   |     |  63,460 |   |     |  85,043 |   |     | 107,492 |   |     | 130,836 |   |     | 155,100 |   |     | 180,314 |   |     | 206,506 |   |     | 233,706 |   |     | 261,945 |   |     | 237,664 |   |
| Growth%              |     |         |     |