Company: OWLS
Filing Date: 2025-02-07
Form Type: DRS/A
Source: 0000950123-25-001222
Chunk: 310

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-02-07
Form: DRS/A
Chunk 310
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2021, the issuance period of Class A Preferred Shares was extended for one year to July 22, 2023, and the dividends during the extension period was calculated based on the original agreed annual interest rate of 1.5%.

| (f) | The second extension: |

On July 21, 2023, an amendment was made to the Subscription Agreement based on the resolution decided during the 103 rdmeeting of the Investor, wherein the issuance period of Class A Preferred Shares shall be extended for another year until July 22, 2024, and the dividends during the extension period shall be calculated based on the original agreed annual interest rate of 1.5%. In addition, the Company shall pay the dividends to the Investor for the original issuance period (which was two-year)and the preceding year thereafter (for a total of 3 years) before July 22, 2023. Furthermore, when July 21, 2024, the expiration of the latest extended issuance period of Class A Preferred Shares mentioned above, the Company shall gradually redeem its Class A Preferred Shares and pay the corresponding dividends within five years on a quarterly installment basis.

| (g) | If the Company is to be wound up or liquidated, before any distribution or payment shall be made to the holders                                                                                                                                     
 of any other shares in the Company, each class A Preferred Shares shall be entitled to receive an amount equal to one hundred percent (100%) of the original subscription price of each Class A Preferred Share, plus all unpaid dividends thereon, 
 which shall take precedence over any other payments to be made to other holders of shares; provided that total payment received by each Class A Preferred Share upon liquidation or winding up of the Company shall not exceed one hundred percent  
 (100%) of the original subscription price of each Class A Preferred Share, plus all unpaid dividends thereon.                                                                                                                                       |

| (h) | The Class A Preferred Shares are not convertible into any other shares of the Company under any 
 circumstances.                                                                                  |

| (i) | If the Company engages in an Initial Offering of its shares or if the Company is required to redeem the                                                                                                                 
 Class A Preferred Shares due to its violation of the Class A Preferred Shares Purchase Agreement, the Company shall immediately redeem all Class A Preferred Shares prior to the maturity date as set out in point (f). |

| (j) | If the Company fails to redeem the Class A Preferred Shares in whole or in part when required to do so at                                                                                                                                        
 the maturity date or prior