Company: OWLS
Filing Date: 2025-09-19
Form Type: F-1/A
Source: 0001193125-25-208098
Chunk: 296

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-09-19
Form: F-1/A
Chunk 296
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 Financial liabilities not measured at fair value           |     |            |           |     |                   |   |     |         |           |     |         |           |     |       |           |
| Long-term borrowings                                       |     | $          |   861,078 |     |                   | — |     |         |   853,375 |     |         |         — |     |       |   853,375 |
| Preference share liabilities (including current portion)   |     |            | 2,067,326 |     |                   | — |     |         | 1,983,197 |     |         |         — |     |       | 1,983,197 |
| Total                                                      |     | $          | 2,928,404 |     |                   | — |     |         | 2,836,572 |     |         |         — |     |       | 2,836,572 |

| ii. | Valuation techniques and assumptions used in fair value measurement |

The fair values of non-publiclytraded financial instruments are mainly determined using market approach. The fair value of the SAFE agreements is derived from the weighted average value of various scenarios estimating the expected conversion value and payout amount. This calculation considers the probability and timing of each potential outcome, along with the risk-adjusted discount rate, which constitutes an unobservable input under Level 3 of the fair value hierarchy.

| iii. | Reconciliation of Level 3 fair value measurements |

The financial liabilities measured at Level 3 fair value arise from SAFE agreements which are classified as financial liabilities at fair value through profit or loss. The reconciliation of the opening balances to closing balances for Level 3 fair values for the years ended December 31, 2024 and 2023 was as follows:

|                                     |     |   |       2024 |   |     |     |      2023 |   |
|:------------------------------------|:----|:--|-----------:|:--|:----|:----|----------:|:--|
| Balance at the beginning of year    |     | $ |  1,707,248 |   |     |     | 1,433,555 |   |
| Issuance                            |     |   |          — |   |     |     |   430,000 |   |
| Losses recognized in profit or loss |     |   |    259,418 |   |     |     |