Company: OSRH
Filing Date: 2025-06-23
Form Type: 424B3
Source: 0001213900-25-056351
Chunk: 66

Company: OSR Holdings, Inc.
Filing Date: 2025-06-23
Form: 424B3
Chunk 66
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 place during the period, or are expected to take place in the near future, in         
 the extent to which, or manner in which, the patent technology is used or is expected to be used. These changes include the patent technology 
 becoming idle, plans to discontinue or restructure the operation to which the patent technology belongs, and plans to dispose of the          
 patent technology before the previously expected date.                                                                                        |

| ● | evidence                                                                                                                              
 is available from internal reporting that indicates that the economic performance of the patent technology is, or will be, worse than 
 expected.                                                                                                                             |

| (4) | Financial       
 risk management |

The Group is exposed to various financial
risks such as market risk (exchange risk, interest rate risk), credit risk and liquidity risk due to various activities. The Group’s
overall risk management policy focuses on volatility in the financial markets and focuses on minimizing any negative impact on financial
performance. Risk management is conducted under the supervision of the finance department according to the policy approved by the Board
of Directors. The finance department identifies, evaluates and manages financial risks in close cooperation with the sales departments.
The Board of Directors provides written policies on overall risk management principles and specific areas such as foreign exchange risk,
interest rate risk, credit risk, use of derivative and non-derivative financial instruments, and investments in excess of liquidity.

Market risk management

Market risk is the risk of possible
losses which arise from the changes of market factors, such as interest rate, stock price, foreign exchange rate, commodity value and
other market factors related to the fair value or future cash flows of the financial instruments, such as securities, derivatives and
others.

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| a | Currency 
 risk     |

The following table sets forth the result
of foreign currency translation into Korean won for financial assets and liabilities denominated in foreign currency of the Group as of
March 31, 2025 and December 31, 2024:

|                                 |     | March 31, 2025 |            |     |     |          |   |     |     |          |   |
|:--------------------------------|:----|:---------------|-----------:|:----|:----|---------:|:--|:----|:----|---------:|:--|
|                                 |     | USD            |            |     | EUR |          |   |     | CHF |          |   |
| Assets in foreign currency      |     | $              |