Company: OWLS
Filing Date: 2025-01-24
Form Type: DRS/A
Source: 0000950123-25-000547
Chunk: 185

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-01-24
Form: DRS/A
Chunk 185
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 with                                                                                                                                                     
 global OTAs, including but not limited to Airbnb, Booking Group, Expedia, Trip.com and Hotelbed, and we intend to cross-sell our payment solutions to further assist them in processing international payouts to their platform merchants. |

| • |     | E-commerce Platforms. By partnering with e-commerce platforms, we expect the gross merchandise volume of such platforms to boost the total transaction amount for OwlPay business as a result of an increased volume of transaction payouts from e-commerce platforms to their suppliers. |

| • |     | Payment Gateway. The majority of global payment gateways are focused on helping their clients                                                                                                                                                    
 receive payments from consumers, but are not integrated with the ability to further pay out to their clients’ suppliers. With our integrated payment, full-stack payment services model, we plan to continue to invest in growing in our payment 
 gateway business, which could also help generate additional revenue from the total transaction amount in our payout business.                                                                                                                    |

We also expect to grow our customer base by partnering with global financial institutions. By partnering with Circle, Coinbase Prime, Bridge XYZ, MoneyGram, VISA, and NIUM and large financial institutions such as SBI Holdings and international banks, we plan to attract their customers to experience our capability to send and receive payments internationally with our technology and services. See “—Our Partnerships.” We entered into a partnership with the Stellar Development Foundation (“SDF”) in 2023, an important developer in the blockchain industry, and plan to become a “Stellar Anchor.” See “—Our Partnerships.” This 126

would enable OwlPay to offer users access to a licensed and secure self-hosted payment wallet on the Stellar Network, providing a direct on/off-ramp solutions for sending and receiving
stablecoins. With the partnership with Stellar, we hope to enable additional payment routes supported by the infrastructure of Stellar for our OwlPay customers. After becoming a Stellar Anchor, which we expect to achieve in the first half of
2025, we could also reach out to new customers on the Stellar Network with our service offering of seamless onboarding for customers onto OwlPay Wallet Pro, providing users with easy on/off-ramping to transfer fiat currency or stablecoin
within the OwlPay payment service. Additionally, we expect to provide certain of our solutions under OwlPayto financial institutions intending to leverage stablecoin payments, such as white label wallet and AML/KYC service package.

We also aim to provide stablecoin and digital wallet solutions to emerging markets, such as South America and East