Company: OWLS
Filing Date: 2025-01-24
Form Type: DRS/A
Source: 0000950123-25-000547
Chunk: 278

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-01-24
Form: DRS/A
Chunk 278
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 * | To be provided by amendment. |

188

LEGAL MATTERS

We are being represented by Sullivan & Cromwell LLP with respect to certain U.S. federal law and New York state law in
connection with this offering. Certain legal matters with respect to U.S. federal law in connection with this offering will be passed upon for the underwriters by Loeb & Loeb LLP, U.S. counsel for the underwriters. The validity of the
Class A Common Shares represented by the ADSs offered in this offering and other certain legal matters as to Cayman Islands law will be passed upon for us by Harney Westwood & Riegels.

189

EXPERTS

The consolidated financial statements of OBOOK Holdings Inc. and subsidiaries as of December 31, 2023 and 2022 and for the years then
ended, and the financial statements of PayNow Inc. as of December 31, 2022 and for the year then ended and as of April 30, 2023 and for the four months then ended, have been included herein and in the registration statement in reliance
upon the reports of KPMG, independent registered public accounting firm, appearing elsewhere herein, and upon the authority of said firm as experts in accounting and auditing. The audit reports on the financial statements of PayNow Inc. as of
December 31, 2022 and for the year then ended and as of April 30, 2023 and for the four months then ended, each express a qualification to the opinion and contain an explanatory paragraph that states that the financial statements are not presented
in accordance with IFRS, as they do not include comparative figures, which constitute a departure from IFRS as issued by the IASB. The current address of KPMG in Taiwan is 68F., Taipei 101 Tower, No. 7, Sec. 5, Xinyi Road, Taipei City 110615,
Taiwan (R.O.C).

190

ENFORCEMENT OF CIVIL LIABILITIES

We have been advised by Harney Westwood & Riegels, our counsel as to the Cayman Island law, that although there is no statutory
enforcement in the Cayman Islands of judgments obtained in the federal or state courts of the United States (and the Cayman Islands are not a party to any treaties for the reciprocal enforcement or recognition of such judgments), the Grand Court of
the Cayman Islands will at common law enforce final and conclusive in personam judgments of