Company: OWLS
Filing Date: 2025-01-24
Form Type: DRS/A
Source: 0000950123-25-000547
Chunk: 312

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-01-24
Form: DRS/A
Chunk 312
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 1, 2023               |     | $                       | 1,286,954 |   |
| Exchange differences on foreign currency |     |                         |   (53,243 | ) |
| Balance at December 31, 2023             |     | $                       | 1,233,711 |   |
| Balance at January 1, 2022               |     | $                       |  (601,878 | ) |
| Exchange differences on foreign currency |     |                         | 1,888,832 |   |
| Balance at December 31, 2022             |     | $                       | 1,286,954 |   |

| (e) | Non-controlling interest |

|                                                      |     | 2023 |          |   |
|:-----------------------------------------------------|:----|:-----|---------:|:--|
| Balance at the beginning of year                     |     | $    |        — |   |
| Equity attributable to non-controlling interests     |     |      |          |   |
| Loss for the year                                    |     |      |  (32,664 | ) |
| Other comprehensive income during the year           |     |      |        4 |   |
| Acquisition of non-controlling interest              |     |      |  446,786 |   |
| Purchase of subsidiaries shares from non-controlling 
 interest                                             |     |      | (388,002 | ) |
| Declaration of cash dividends                        |     |      |  (20,136 | ) |
| Total                                                |     | $    |    5,988 |   |

| NOTE 17. | Income Taxes |

The Company is incorporated in the Cayman Islands, a tax-freejurisdiction; accordingly, pretax income generated by the Company is not subject to local income tax. Substantially, the Company’s taxable income was derived from the operations in Taiwan (R.O.C.), resulting in the majority of the F-35

OBOOK HOLDINGS INC. AND SUBSIDIARIES Notes to the Consolidated Financial Statements (Continued) Company’s income tax expenses related to operating activities being incurred in Taiwan (R.O.C.), with the statutory income tax rate of 20%. Other foreign subsidiaries calculate their income taxes in accordance with local tax laws and regulations.

| (a) | Income tax expense (benefit) recognized in profit or loss |

Income tax expense (benefit) consisted of the following:

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