Company: OWLS
Filing Date: 2025-09-19
Form Type: F-1/A
Source: 0001193125-25-208098
Chunk: 286

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-09-19
Form: F-1/A
Chunk 286
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F-33

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

| (j) | If the Company fails to redeem Class A Preferred Shares in whole or in part at the maturity date or prior                                                                                                                                         
 to the maturity date due to force majeure or any circumstances attributable to the Company, the rights associated with the unredeemed Class A Preferred Shares shall remain in effect until redemption by the Company. Furthermore, the following 
 provisions shall apply: (i) the dividend rate of Class A Preferred Shares shall remain unchanged during the period in which redemption is delayed; and (ii) the rights of the remaining outstanding Class A Preferred Shares under                
 these Articles and Schedule A shall not be adversely affected by the delay in redemption.                                                                                                                                                         |

| (k) | The Company recognized interest expenses of $41,109 and $42,381 for the years ended December 31, 2024 and 2023, 
 respectively.                                                                                                   |

| NOTE 16. | Equity |

| (a) | Share Capital |

|                                        |     |   | December 31, 
         2024 |     |     | December 31, 
         2023 |
|:---------------------------------------|:----|:--|-------------:|:----|:----|-------------:|
| Number of shares authorized            |     |   |  200,000,000 |     |     |  200,000,000 |
| Share capital authorized               |     | $ |      200,000 |     |     |      200,000 |
| Number of shares issued and fully paid |     |   |   80,865,751 |     |     |   78,079,203 |
| Share capital issued                   |     | $ |       80,866 |     |     |       78,079 |

The total issued share capital of the Company consists of common shares, divided into Class A Common Shares and Class B Common Shares, each with a par value of $0.001. There are two types of common shares, with each Class A Common Share representing 1 voting right and each Class B share representing 10 voting rights, with all other rights being equal. Each Class B Common Share is convertible into one Class A Common Share. However, each Class A Common Share is non-convertibleinto any other share, including but not limited to Class B Common Share. In addition, each Class B Common