Company: OSRH
Filing Date: 2025-08-19
Form Type: PRE 14A
Source: 0001213900-25-078140
Chunk: 17

Company: OSR Holdings, Inc.
Filing Date: 2025-08-19
Form: PRE 14A
Chunk 17
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 and Mr. Joong Myung Cho are deemed “independent” under SEC and Nasdaq rules. The
Board has also nominated Mr. Reto Fierz, who, if elected, would serve as an independent director under SEC and Nasdaq rules.

At this Annual Meeting, the terms of all current directors will expire.
However, the Board has nominated the 9 individuals set forth below (each a “Nominee”) with the recommendation that the Shareholders
elect any 7 of such Nominees to serve as directors until the next annual meeting of stockholders following this Annual Meeting, or until
their respective successors are duly elected and qualified, subject to earlier death, resignation, or removal.

The following table sets forth the 9 Nominees, and the positions and
offices they presently hold with the Company (or in the case of Reto Fierz, for which he is being nominated) along with their age as of
the Record Date. Proxies which are received unmarked but not marked to the contrary will be voted in favor of each such Nominee’s
election, pro rata with the percentage of marked proxy votes otherwise cast for such Nominee.

| Name            |     | Age |     | Position                             |
| Kuk Hyoun Hwang |     |  50 |     | Chief Executive Officer and Director |
| Jun Chul Whang  |     |  61 |     | Chief Legal Officer and Director     |
| Alcide Barberis |     |  67 |     | Independent Director                 |
| Seng Chin Mah   |     |  66 |     | Independent Director                 |
| Jin Whan Park   |     |  57 |     | Independent Director                 |
| Phil Geon Lee   |     |  58 |     | Independent Director                 |
| Hyuk Joo Jee    |     |  58 |     | Independent Director                 |
| Joong Myung Cho |     |  75 |     | Independent Director                 |
| Reto Fierz      |     |  56 |     | Nominee                              |

Kuk Hyoun Hwang has been the Chief Executive Officer and a director
of OSR since March 2020. Mr. Hwang is also the President and Chief Executive Officer of the Company as of the Closing of the Business
Combination. Mr. Hwang is the Managing Partner of BCM, which he founded in August 2012. Since then, he has led BCM’s