Company: OWLS
Filing Date: 2025-02-07
Form Type: DRS/A
Source: 0000950123-25-001222
Chunk: 267

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-02-07
Form: DRS/A
Chunk 267
---
 by value of the stock of another corporation, the foreign corporation is treated for purposes of the PFIC tests as owning its proportionate share of the assets of the other corporation and as receiving directly its proportionate share of the other corporation’s income. If we are or were to become a PFIC, you may be subject to increased United States federal income tax liabilities with respect to your ownership of ADSs and may be subject to burdensome reporting requirements. We cannot guarantee that we will not be a PFIC for our current taxable year or any future taxable year. 180

If we are treated as a PFIC, and you are a U.S. holder that did not make a mark-to-marketelection, as described below, you will generally be subject to special rules with respect to:

| • |     | any gain you realize on the sale or other disposition of your ADSs and |

| • |     | any excess distribution that we make to you (generally, any distributions to you during a single taxable year,                                                                                                                                           
 other than the taxable year in which your holding period in the ADSs begins, that are greater than 125% of the average annual distributions received by you in respect of the ADSs during the three preceding taxable years or, if shorter, your holding 
 period for the ADSs that preceded the taxable year in which you receive the distribution).                                                                                                                                                               |

Under these rules:

| • |     | the gain or excess distribution will be allocated ratably over your holding period for the ADSs, |

| • |     | the amount allocated to the taxable year in which you realized the gain or excess distribution or to prior years 
 before the first year in which we were a PFIC with respect to you will be taxed as ordinary income,              |

| • |     | the amount allocated to each other prior year will be taxed at the highest tax rate in effect for that year, and |

| • |     | the interest charge generally applicable to underpayments of tax will be imposed in respect of the tax 
 attributable to each such year.                                                                        |

If we are a PFIC and, at any time, have a non-U.S.subsidiary that is classified as a PFIC, you generally would be deemed to own a portion of the shares of such lower-tier PFIC and generally could incur liability for the deferred tax and interest charge described above if we (or our subsidiary) receive a distribution from, or dispose of all or part of our interest in, the lower-tier PFIC or