Company: OSRH
Filing Date: 2025-04-22
Form Type: 10-K
Source: 0001213900-25-034116
Chunk: 2152

Company: OSR Holdings, Inc.
Filing Date: 2025-04-22
Form: 10-K
Item: Item 9C
Chunk 2152
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 forward-looking statements that are based
on our current plans, considerations, expectations and determinations regarding future compensation programs. Actual compensation programs
that the Company adopts following the completion of the Business Combination may differ materially from the currently planned programs
summarized in this discussion.

101

2024 Summary Compensation Table

The following table sets forth information concerning the compensation
of the Company’s named executive officers for the year ended December 31, 2024.

    Name and Principal Position
     
    Salary
($)

    Stock
Awards
($) 

    Non-Equity
Incentive Plan
Compensation
($)

    All Other
Compensation
($)

    Total

    Kuk Hyoun Hwang

    0

    0

    0

    0

    0

    Chairman of the Board of Directors

    Sang Hoon Kim

    84,020

    0

    0

     0

    84,020

    Chief Executive Officer

    Gihyoun Bang, 

    Chief Financial Officer

    47,367

    0

    0

      0

    47,367

Narrative to Summary Compensation Table

None of our officers has received any cash compensation for services
rendered to us. We have paid and will continue to pay an affiliate of our Sponsor a total of $7,500 per month for office space, utilities
and secretarial and administrative support. Upon completion of our initial business combination, we will cease paying these monthly fees.
No compensation of any kind, including any finder’s fee, reimbursement, consulting fee or monies in respect of any payment of a
loan, will be paid by us to our Sponsor, officers, directors or any affiliate of our Sponsor, officers or directors, prior to, or in connection
with any services rendered in order to effectuate, the consummation of our initial business combination (regardless of the type of transaction
that it is) except that we may pay BCM and/or any of its affiliates, partners or employees a fee for financial advisory services rendered
in connection with our identification, negotiation and consummation of our initial business combination; the amount of any fee we pay
to BCM and/or any of its affiliates, partners or employees will be based upon the prevailing market for similar services for such transactions
at such time, and will be subject to the review of our audit committee pursuant to the audit committee’s policies