Company: OWLS
Filing Date: 2025-01-24
Form Type: DRS/A
Source: 0000950123-25-000547
Chunk: 325

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-01-24
Form: DRS/A
Chunk 325
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 |         | Key management |              | $ |       17,311 |     |     |       17,299 |

Other receivables are payments made by the Company on behalf of its related party in relation to other expenses.

| 2. | Other payables to related parties |

|                                   | Account |                | Relationship |   | December 31, 
         2023 |     |     | December 31, 
         2022 |
|:----------------------------------|:--------|:---------------|:-------------|:--|-------------:|:----|:----|-------------:|
| Other payables to related parties |         | Key management |              | $ |       19,350 |     |     |          781 |

Other payables are payments made by the related parties on behalf of the Company in relation to lease deposits and other expenses.

| 3. | Borrowings from related parties |

|                | Account |                | Relationship |   | December 31, 
         2023 |     |     | December 31, 
         2022 |
|:---------------|:--------|:---------------|:-------------|:--|-------------:|:----|:----|-------------:|
| Other payables |         | Key management |              | $ |    1,946,065 |     |     |    2,174,161 |

Borrowings from related parties are interest-free and repayable in one year.

| (d) | Key management personnel |

| 1. | Joint guarantee |

As of December 31, 2023, the Company’s secure bank loans were guaranteed by key management personnel.

| 2. | Key management personnel compensation includes: |

|                              |     |   |    2023 |     |   |    2022 |
|:-----------------------------|:----|:--|--------:|:----|:--|--------:|
| Short-term employee benefits |     | $ | 560,602 |     |   | 374,221 |
| Post-employment benefits     |     |   |  18,136 |     |   |   9,672 |
| Total                        |     | $ | 578,738 |     | $ | 383,893 |

F-46

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

| NOTE 25. | Pledged Assets |

The carrying