Company: OWLS
Filing Date: 2025-01-24
Form Type: DRS/A
Source: 0000950123-25-000547
Chunk: 309

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-01-24
Form: DRS/A
Chunk 309
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 entitled to receive an amount equal to one hundred percent (100%) of the original subscription price of each Class A Preferred Share, plus all unpaid dividends thereon, 
 which shall take precedence over any other payments to be made to other holders of shares; provided that total payment received by each Class A Preferred Share upon liquidation or winding up of the Company shall not exceed one hundred percent  
 (100%) of the original subscription price of each Class A Preferred Share, plus all unpaid dividends thereon.                                                                                                                                       |

| (h) | The Class A Preferred Shares are not convertible into any other shares of the Company under any 
 circumstances.                                                                                  |

| (i) | If the Company engages in an Initial Offering of its shares or if the Company is required to redeem the                                                                                                                 
 Class A Preferred Shares due to its violation of the Class A Preferred Shares Purchase Agreement, the Company shall immediately redeem all Class A Preferred Shares prior to the maturity date as set out in point (f). |

| (j) | If the Company fails to redeem the Class A Preferred Shares in whole or in part when required to do so at                                                                                                                                        
 the maturity date or prior to the maturity date due to force majeure or factors attributable to the Company, the rights of such unredeemed Class A Preferred Shares shall remain in effect until redemption by the Company; and provided further 
 that (a) the dividend rate of the Class A Preferred Shares shall remain unchanged during such period; and (b) the rights of the remaining outstanding Class A Preferred Shares under these Articles and Schedule A shall not be                  
 adversely impacted.                                                                                                                                                                                                                              |

| (k) | The Company recognized interest expenses of $42,381 and $40,411 for the years ended December 31, 2023 and 
 2022, respectively.                                                                                       |

F-33

OBOOK HOLDINGS INC. AND SUBSIDIARIES Notes to the Consolidated Financial Statements (Continued)

| NOTE 16. | Equity |

| (a) | Share capital |

|                                        |     |   | December 31, 
         2023 |     |     | December 31, 
         2022 |
|:---------------------------------------|:----|:--|-------------:|:----|:----|-------------:|
| Number of shares authorized            |     |   |  200,000,000 |     |     |  200,000,000 |
| Share capital authorized               |     | $ |      200,000 |