Company: OWLS
Filing Date: 2025-02-07
Form Type: DRS/A
Source: 0000950123-25-001222
Chunk: 147

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-02-07
Form: DRS/A
Chunk 147
---
| OwlTing Experience                          |     |                                         |   479,852 |     |         |   514,592 |
| OwlJourney                                  |     |                                         |    37,501 |     |         |    65,459 |
| OwlStay                                     |     |                                         | 1,064,012 |     |         | 1,322,446 |
| E-commerce platform                         |     |                                         | 1,124,076 |     |         |   863,484 |
| Others                                      |     |                                         |   185,233 |     |         |    21,097 |
| Total                                       |     |                                         | 3,771,460 |     |         | 6,399,387 |

Notes:

| (1) | The consolidated statement of profit and loss and other comprehensive income data for 2023 reflects our 
 acquisition of PayNow on May 1, 2023.                                                                   |

Payment services External revenue from payment services increased from nil to US$2.5 million as we expanded into our payment business through acquiring PayNow in May 2023. The revenue we generated from our payment services consisted of (i) US$2.5 million generated from payment gateway services via PayNow; and (ii) US$2,666 generated from fiat solutions for domestic and international payout services, a new payment platform service under OwlPaylaunched at the end of 2023. Hospitality services A. Hospitality-related software services External revenue from hospitality-related software services increased from US$880,786 in 2022 to US$1.1 million in 2023, driven by (i) an increase in the number of OwlNestSubscribers, contributing to the increase in OwlNestproperty management system from US$554,366 (consisting of subscription fees only) in 2022 to US$738,158 (including US$729,202 from subscription fees and US$8,956 from commission fees) in 103

2023; and (ii) the easing of the COVID-19 pandemic leading the recovery of the hospitality industry, resulting in higher booking amounts and an
increase in the flow of funds processed by the OwlNest system, contributing to the increase in external revenue from add-on room fee collection services from US$326,420 in 2022 to US$408,292 in 2023.

B. Hospitality-related platform services

External revenue from hospitality-related platform services increased from US$1.