Company: OWLS
Filing Date: 2025-01-24
Form Type: DRS/A
Source: 0000950123-25-000547
Chunk: 223

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-01-24
Form: DRS/A
Chunk 223
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 formal registration on the Company’s register of members.               |

153

Financing Agreements

We have entered into the following material contracts, other than contracts entered into in the ordinary course of our business, during the
last two fiscal years:

SAFE Agreements

The Company entered into SAFE agreements with certain investors in 2022 and 2023, in the aggregate amounts of US$1,370,000 and US$430,000 in
2022 and 2023, respectively. Please refer to Note 14, “Non-current Financial Liabilities at Fair Value Through Profit or Loss” of our consolidated financial statements for more information. The rights issued in connection with such SAFE
agreements have been converted into Class A Common Shares or cash upon the Company’s equity financing event in 2024.

Share Subscription Agreements for Class A Common Shares

The Company entered into share subscription agreements with certain investors for
the subscription of Class A Common Shares in 2023 and 2024, in the aggregate investment amounts of US$10,884,310 and US$9,120,000 in 2023 and 2024, respectively.

Each of the investors agreed to a customary lock-up obligation not to transfer or make any short sale of any securities of the Company for a
period not to exceed 180 days in connection with the Company’s first public offering of any class of shares and upon request of the Company or the underwriters. In the event that the Board, or shareholders representing at least 70% of the total
issued and outstanding shares of the Company, have resolved to accept an offer to purchase their respective Company shares from a bona fide third party, the Company may obligate such investors to sell all of their respective shares in the Company on
the same terms and conditions as resolved by the Board or the shareholders of the Company.

Share Subscription Agreements for Class A Preferred Shares

On May 18, 2020, the Company entered into a share subscription agreement with the National Development Fund,
Executive Yuan of Taiwan pursuant to which the National Development Fund purchased 1,000,000 shares of the Class A Preferred Shares from the Company for NT$60,000,000. Please refer to Note 15, “Preference share liabilities” to our
consolidated financial statements for more information.

Pursuant to the share subscription agreement, the Class A Preferred Shares issued
to the National Development Fund shall only be entitled to vote: (i) on matters that alter or change adversely the powers, preferences