Company: OWLS
Filing Date: 2025-01-24
Form Type: DRS/A
Source: 0000950123-25-000547
Chunk: 311

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-01-24
Form: DRS/A
Chunk 311
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     |   | December 31, 
         2023 |     |     | December 31, 
         2022 |
|:---------------------------|:----|:--|-------------:|:----|:----|-------------:|
| Additional paid-in capital |     | $ |   30,219,928 |     |     |   30,219,928 |
| Employee share options     |     |   |      941,697 |     |     |      941,697 |
| Donation from shareholders |     |   |      810,000 |     |     |      810,000 |
| Total                      |     | $ |   31,971,625 |     |     |   31,971,625 |

F-34

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

| (c) | Retained earnings and earnings distribution |

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

| 1. | Subject to the Companies Law of the Cayman Islands (the “Law”), payment of dividends will be at the                                                                                                                                                     
 sole discretion of the Directors and the Directors may from time to time pay to the members such interim dividends as appear to the Directors to be justified by the profits of the Company. No dividend shall be paid otherwise than out of profits or 
 out of the share premium account or otherwise as permitted by the Law.                                                                                                                                                                                  |

| 2. | The Directors may, before recommending any dividend, set aside out of the profits of the Company such sums as                                                                                                                                          
 they think proper as a reserve or reserves which shall, at the discretion of the Directors, be applicable for meeting contingencies or for equalizing dividends, or for any other purpose to which the profits of the Company may be properly applied, 
 and pending such application may, at the like discretion, either be employed in the business of the Company or be invested in such investments (other than shares of the Company) as the Directors may from time to time think fit. The Directors may  
 also, without placing the same to reserve, carry forward any profits which they may think prudent not to divide.                                                                                                                                       |

| (d) | Other equity |

|                                          |     | Exchange differences on 
 translation of foreign  
 financial statements    |           |   |
|:-----------------------------------------|:----|:------------------------|----------:|:--|
| Balance at January