Company: OWLS
Filing Date: 2025-08-01
Form Type: DRS/A
Source: 0000950123-25-006894
Chunk: 122

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-08-01
Form: DRS/A
Chunk 122
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 paid if this would result in our company being unable to pay its debts as they fall due in
the ordinary course of business. Even if we decide to pay dividends, the form, frequency and amount will depend upon our future operations and earnings, capital requirements and surplus, general financial condition, contractual restrictions and
other factors that the board of directors may deem relevant.

We do not anticipate paying any cash dividends on our Class A Common
Shares in the foreseeable future. We intend to retain all available funds and any future earnings to fund the operation and expansion of our business.

The Company is a holding company incorporated in the Cayman Islands. We may rely on dividends from our subsidiaries in Taiwan, Hong Kong,
Japan, the United States, Malaysia, Singapore and Thailand for our cash requirements, including any payment of dividends to our shareholders. Regulations in the jurisdictions where our subsidiaries incorporated may restrict the ability of our
subsidiaries to pay dividends to us.

Cash dividends on our Class A Common Shares, if any, will be paid in U.S. dollars.

82

CAPITALIZATION The following table sets forth our cash and restricted cash and our total capitalization as of December 31, 2024:

| • |     | on an actual basis; |

| • |     | [on a pro forma as adjusted basis to further give effect to (i) the redemption of the remaining                                                                                                                                       
 Class A Preferred Shares shortly following this direct listing, which is expected to be consummated within two months of this direct listing and (ii) the assumed full conversion of rights issued in connection with the             
 SAFE agreements entered into in 2025, in the amount of financing of US$2.55 million, into a certain number of Class A Common Shares immediately following the listing. For more details, see “Description of Share Capital—History of 
 Securities Issuances—Financing Agreements.”                                                                                                                                                                                           |

The information in this table should be read in conjunction with our audited financial statements and notes thereto, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and other financial information included in this prospectus. Our historical results do not necessarily indicate our expected results for any future periods.

|                                                     |     | As of December 31, 2024 |         |   |     |           |     |             |
|:----------------------------------------------------|:----|:------------------------|--------:|:--|:----|:----------|:----|:------------|
|                                                     |     | Actual                  |         |