Company: OWLS
Filing Date: 2025-02-07
Form Type: DRS/A
Source: 0000950123-25-001222
Chunk: 301

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-02-07
Form: DRS/A
Chunk 301
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 financial statements is included in the following notes:

| 1. | Impairment of non-financial assets other than goodwill |

In the process of evaluating the potential impairment of non-financialassets other than goodwill, the Company is required to make subjective judgments in determining the independent cash flows, useful lives, expected future revenue and expenses related to the specific asset groups. Any changes in these estimates, due to shifts in economic conditions or business strategies, could result in significant impairment charges or reversals in future years.

| 2. | Recognition of deferred tax assets |

Deferred tax assets are recognized to the extent that it is probable that future taxable profits will be available against which those deferred tax assets can be utilized. Assessment of the realization of the deferred tax assets requires the Company’s subjective judgment and estimate, including the future revenue growth and profitability, the sources of taxable income, the amount of tax credits that can be utilized and feasible tax planning strategies. Changes in the economic environment, the industry trends and relevant laws and regulations may result in adjustments to the deferred tax assets.

| 3. | Impairment of goodwill |

The assessment of impairment of goodwill requires the Company to make subjective judgments to determine the identified CGU, allocate the goodwill to relevant CGUs and estimate the recoverable amount of relevant CGU. In the process of estimating the recoverable amount of relevant CGU, the Company is required to make subjective judgments in determining the discount rate, the terminal growth rate, the independent cash flows, expected future revenue and expenses related to the CGU.

| (u) | Correction of immaterial errors |

Certain immaterial costs have been reclassified in the statement of profit or loss and other comprehensive income. Payment processing fees paid to the banks and third-party payment service providers directly related to the provision of its payment related services has been F-22

OBOOK HOLDINGS INC. AND SUBSIDIARIES Notes to the Consolidated Financial Statements (Continued) reclassified from “Marketing and sales” and “General and administrative” expenses to “Costs of revenue” to more appropriately reflect the nature of the costs. The following table summarizes the impact of these reclassifications.

| For the year ended December 31, 2023 |     | Impact of reclassifications 
 As previously               
 reported                    |            |   |     | Adjustments |          |   |     | As revised |            |   |
|:-------------------------------------|:----|:----------------------------|:-----------|:--|:----|:------------|---------: