Company: OWLS
Filing Date: 2025-01-24
Form Type: DRS/A
Source: 0000950123-25-000547
Chunk: 303

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-01-24
Form: DRS/A
Chunk 303
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 |              |          |   |     |        |         |   |     |       |           |   |
| Balance at December 31, 2023                  |     | $         |   99,215 |   |     |              |   32,109 |   |     |        | 125,318 |   |     |       |   256,642 |   |
| Balance at December 31, 2022                  |     | $         |   56,318 |   |     |              |   58,166 |   |     |        |  84,650 |   |     |       |   199,134 |   |

F-27

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

| 1. | Details of the aforementioned property, plant and equipment acquired from business combinations are provided in 
 Note 5.                                                                                                         |

| 2. | For the years ended December 31, 2023 and 2022, the Company recognized an impairment loss on property,                                         
 plant and equipment of $4,136 and $0 in relation to office equipment that was not in use, and which was later disposed of for proceeds of nil. |

| (b) | Leasing arrangements-lessee |

| 1. | The Company leases various buildings and transportation equipment. Rental contracts are typically made for                                                                                                                                       
 periods of 1 to 4 years. Lease terms are negotiated on an individual basis and contain a wide range of different terms and conditions. The lease agreements do not impose covenants, but leased assets may not be used as security for borrowing 
 purposes.                                                                                                                                                                                                                                        |

| 2. | The carrying amount of                                           
 right-of-use assets and the depreciation charge were as follows: |

|                          |     |              | December 31, 
         2023 |     |              | December 31, 
         2022 |
|:-------------------------|:----|-------------:|-------------:|:----|-------------:|-------------:|
| Buildings                |     |            $ |      590,185 |     |              |    1,189,466 |
| Transportation equipment |     |              |       92,279 |     |              |            — |
| Total                    |     |            $ |      682,464 |     |              |    1,189,466 |
|