Company: OWLS
Filing Date: 2025-09-24
Form Type: F-1/A
Source: 0001193125-25-213968
Chunk: 291

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-09-24
Form: F-1/A
Chunk 291
---
IDIARIES Notes to the Consolidated Financial Statements (Continued) As of December 31, 2024, the total number of issued shares of the Company was 80,865,751, consisting of 12,000,455 Class A Common Shares and 68,865,296 Class B Common Shares. As of December 31, 2023, the total number of issued shares was 78,079,203 shares, consisting of 8,963,907 Class A Common Shares and 69,115,296 Class B Common Shares. As long as there has not been an IPO from the Company and the shareholder, SBI Digital Strategic Investment Co., Ltd. (“SBI”, formerly known as SBI Crypto Investment Co., Ltd.), holds at least 12.5% of the issued shares of the Company, the Company shall not undertake any significant matters without the consent of SBI.

| (b) | Capital Surplus |

|                            |     |   | December 31, 
         2024 |     |     | December 31, 
         2023 |
|:---------------------------|:----|:--|-------------:|:----|:----|-------------:|
| Additional paid-in capital |     | $ |   49,926,656 |     |     |   30,219,928 |
| Employee share options     |     |   |      941,697 |     |     |      941,697 |
| Donation from shareholders |     |   |      810,000 |     |     |      810,000 |
| Total                      |     | $ |   51,678,353 |     |     |   31,971,625 |

| (c) | Retained Earnings and Earnings Distribution |

In accordance with the Articles of Incorporation of the Company, the earnings distribution is governed as follows:

| 1. | Subject to the Companies Law of the Cayman Islands (the “Law”), the payment of dividends shall be                                                                                                                                                     
 at the sole discretion of the Directors. The Directors may, from time to time, pay interim dividends to the members, provided such dividends are justified by the profits of the Company. Dividend shall only be paid from profits, the share premium 
 account, or in any other manner permitted by the Law.                                                                                                                                                                                                 |

| 2. | Before recommending any dividend, the Directors may set aside from the Company’s profits such amount as                                                                                                                                          
 they deem appropriate as