Company: OSRH
Filing Date: 2025-06-10
Form Type: S-1/A
Source: 0001213900-25-053114
Chunk: 63

Company: OSR Holdings, Inc.
Filing Date: 2025-06-10
Form: S-1/A
Chunk 63
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(or weakening) of the Korean won by a hypothetical 10% against each foreign currency on the Group’s after-tax profit (or loss),
assuming all other variables remain constant.

|     |     |      | March 31, 2025 |   |     |      |           |   |     |      | December 31, 2024 |   |     |      |         |   |
|:----|:----|:-----|---------------:|:--|:----|:-----|----------:|:--|:----|:-----|------------------:|:--|:----|:-----|--------:|:--|
|     |     | Rise |                |   |     | Fall |           |   |     | Rise |                   |   |     | Fall |         |   |
| USD |     | $    |     (1,006,154 | ) |     | $    | 1,006,154 |   |     | $    |          (189,147 | ) |     | $    | 189,147 |   |
| EUR |     |      |         47,849 |   |     |      |   (47,849 | ) |     |      |            13,909 |   |     |      | (13,909 | ) |
| CHF |     |      |         79,995 |   |     |      |   (79,995 | ) |     |      |            42,135 |   |     |      | (42,135 | ) |

| b | Interest  
 rate risk |

Interest rate risk refers to the risk
that interest income and interest expenses arising from deposits or borrowings will fluctuate due to changes in market interest rates
in the future, which mainly arises from deposits and borrowings with floating interest rates. The goal of interest rate risk management
is to maximize corporate value by minimizing uncertainty caused by interest rate fluctuations.

As of the end of the reporting period,
there are no financial instruments subject to a variable interest rate.

| c | Price 
 risk  |

Price risk is the risk that the fair value
of a financial instrument or future cash flows will change due to changes in market prices other than interest rate or foreign exchange
rate. As of the end of the reporting period, the Group is not exposed to commodity price risk. Investments in financial instruments are
made on a non-recurring basis according to management’s judgment.

Credit risk