Company: OSRH
Filing Date: 2025-06-10
Form Type: S-1/A
Source: 0001213900-25-053114
Chunk: 56

Company: OSR Holdings, Inc.
Filing Date: 2025-06-10
Form: S-1/A
Chunk 56
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| ● | The                                                                                                
 lease term for all of the Group’s leases includes the noncancellable period of the                 
 lease plus any additional periods covered by either a Group option to extend (or not to terminate) 
 the lease that the Group is reasonably certain to exercise, or an option to extend (or not         
 to terminate) the lease controlled by the lessor.                                                  |

| ● | Lease payments                                                             
 included in the measurement of the lease liability comprise the following: |

| - | Fixed payments, including in-substance fixed payments, owed over the lease term (includes termination   
 penalties the Group would owe if the lease term reflects the Group’s exercise of a termination option); |

| - | Variable lease payments that depend on an index or rate, initially measured using the index or rate at 
 the lease commencement date;                                                                           |

| - | Amounts expected to be payable under a Group-provided residual value guarantee; and |

| - | The exercise price of a Group option to purchase the underlying asset if the Group is reasonably certain 
 to exercise the option.                                                                                  |

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The ROU asset is initially measured
at cost, which comprises the initial amount of the lease liability adjusted for lease payments made at or before the lease commencement
date, plus any initial direct costs incurred less any lease incentives received.

For operating leases, the ROU asset
is subsequently measured throughout the lease term at the carrying amount of the lease liability, plus initial direct costs, plus (minus)
any prepaid (accrued) lease payments, less the unamortized balance of lease incentives received. Lease expense for lease payments is recognized
on a straight-line basis over the lease term.

ROU assets are periodically reduced
by impairment losses. The Group uses the long-lived assets impairment guidance in ASC Subtopic 360-10, Property, Plant, and Equipment – Overall, to determine whether an ROU asset is impaired, and if so, the amount of the impairment loss to recognize.

The Group monitors for events or changes
in circumstances that require a reassessment of one of its leases. When a reassessment results in the remeasurement of a lease liability,
a corresponding adjustment is made to the carrying amount of the corresponding ROU asset unless doing so would reduce the carrying amount
of the ROU asset to an amount less than zero. In that case, the amount of the adjustment that would result in a negative ROU asset balance
is recorded in profit or loss.

Operating lease ROU assets are presented
as operating lease