Company: OWLS
Filing Date: 2025-02-07
Form Type: DRS/A
Source: 0000950123-25-001222
Chunk: 304

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-02-07
Form: DRS/A
Chunk 304
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 Company measured the loss allowance for accounts receivable using the simplified approach under IFRS 9 with the lifetime expected credit losses. The Company’s accounts receivable were mainly due from the credit card company, and historically there was no default of accounts receivable occurred; therefore, there were no expected credit losses in 2023 and 2022, respectively.

| NOTE 8. | Other Financial Assets – Current and Non-current |

|                                       |     |   | December 31, 
         2023 |     |     | December 31, 
         2022 |
|:--------------------------------------|:----|:--|-------------:|:----|:----|-------------:|
| Restricted cash in the trust account  |     | $ |    4,837,290 |     |     |            — |
| Restricted time deposit – current     |     |   |       32,568 |     |     |            — |
| Restricted time deposit – non-current |     |   |      181,929 |     |     |       50,666 |
| Guarantee deposits paid               |     |   |      283,883 |     |     |      175,376 |
| Total                                 |     | $ |    5,335,670 |     |     |      226,042 |

Restricted cash in the trust account relates to cash collected from PayNow payment processing service and deposited in the trust account with the financial institution for exclusive use of completing payment transactions. The terms and conditions in the trust agreement prevents the Company from accessing the amounts held in the trust account. Please refer to Note 25 for details on pledged assets. F-25

OBOOK HOLDINGS INC. AND SUBSIDIARIES Notes to the Consolidated Financial Statements (Continued)

| NOTE 9. | Intangible Assets (including Goodwill) |

| Cost:                                    |     | Goodwill |           |   |     | Intangible assets 
 Computer          
 Software          |          |   |     | Trademark |         |   |     | Customer     
 relationship |         |     | Developed  
 technology 
 acquired   |         |     | Total |          |   |
|:-----------------------------------------|:----|:---------|----------:|:--|:----|:------------------|---------:|:--|:----|:----------|--------:|:--|:----|:-------------|--------:|:----|:-----------|--------:|:----