Company: OWLS
Filing Date: 2025-08-01
Form Type: DRS/A
Source: 0000950123-25-006894
Chunk: 116

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-08-01
Form: DRS/A
Chunk 116
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 Cayman Islands. The rights of shareholders to take legal action against us and our
directors, actions by minority shareholders and the fiduciary duties of our directors are to a large extent governed by the common law of the Cayman Islands. The common law of the Cayman Islands is derived in part from comparatively limited judicial
precedent in the Cayman Islands as well as from English common law, which provides persuasive, but not binding, authority in a court in the Cayman Islands. The rights of our shareholders and the fiduciary duties of our directors under Cayman Islands
law are not as clearly established as they would be

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under statutes or judicial precedents in the United States. In particular, the Cayman Islands has a less-developed body of securities laws than the United States and provides significantly less
protection to investors. In addition, shareholders in Cayman Islands companies may not have standing to initiate a shareholder derivative action in U.S. federal courts.

In addition, the Company’s [Second Amended and Restated Memorandum and Articles of Association] provides that the United States District
Court for the Southern District of New York (or the state courts in New York County, New York) is the exclusive forum within the United States for the resolution of any complaint asserting a cause of action arising out of or relating in
any way to the federal securities laws of the United States, and that the courts of the Cayman Islands are the exclusive forum for any derivative action or any other claim relating to our internal affairs. The forum selection clause in the
Company’s [Second Amended and Restated Memorandum and Articles of Association] may limit the ability of our shareholders to bring a claim against us, our directors and officers and potentially others in his or her preferred judicial forum, and
this limitation may discourage such lawsuits.

Furthermore, due to jurisdictional limitations, matters of comity and various other
factors, the ability of U.S. authorities, such as the SEC and the U.S. Department of Justice, or the DOJ, to investigate and bring enforcement actions against companies may be limited in foreign jurisdictions, including Taiwan. Local laws may
constrain our and our directors’ and officers’ ability to cooperate with such an investigation or action. Accordingly, without the consent of the competent Taiwanese securities regulators and relevant authorities, no organization or
individual may provide documents or materials relating to securities business activities to overseas parties. As a result of the foregoing, our public shareholders may have more difficulty in protecting their interests through actions