Company: OWLS
Filing Date: 2025-09-19
Form Type: F-1/A
Source: 0001193125-25-208098
Chunk: 281

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-09-19
Form: F-1/A
Chunk 281
---
 |  (335,574 | ) |
| Effect of Exchange Rate Movements       |     |   |   (82,509 | ) |     |     |         — |   |
| Total changes from financing activities |     |   |   272,809 |   |     |     |  (335,574 | ) |
| Balance at the end of year              |     | $ | 1,133,887 |   |     |     |   861,078 |   |

| NOTE 13. | Employee Benefits |

The Company operates in Taiwan (R.O.C.), where it contributes 6% of each employee’s monthly wages to the labor pension personal account at the Bureau of Labor Insurance in compliance with the Labor Pension Act. Under these defined contribution plans, the Company has no further legal or constructive obligations beyond making fixed-rate contributions. F-30

OBOOK HOLDINGS INC. AND SUBSIDIARIES Notes to the Consolidated Financial Statements (Continued) Pension costs arising from the contributions to the Bureau of Labor Insurance amounted to $245,471 and $248,684 for the years ended December 31, 2024 and 2023, respectively.

| NOTE 14. | Non-current Financial Liabilities at Fair Value Through Profit or 
 Loss                                                              |

|                                                                        |     | December 31, 
 2024         |   |     | December 31, 
 2023         |           |
|:-----------------------------------------------------------------------|:----|:-------------|:--|:----|:-------------|----------:|
| Financial liabilities designated at fair value through profit or loss: |     |              |   |     |              |           |
| Simple agreement for future equity                                     |     | $            | — |     |              | 1,707,248 |

The Company entered into several SAFE agreements in 2023 and 2022, with total proceeds of $430,000 and $1,370,000, respectively. For the years ended December 31, 2024 and 2023, the amounts cashed out were $100,000 and $300,000, respectively. Pursuant to the terms of the 2023 SAFE agreements, in the event of an equity financing (as defined in the agreement), the amount of SAFE agreements will automatically convert into the number of shares equal to the initial investment amount divided by the discount price (the lowest price per share of the shares sold in the equity financing multiplied by the discount rate of