Company: OWLS
Filing Date: 2025-02-07
Form Type: DRS/A
Source: 0000950123-25-001222
Chunk: 324

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-02-07
Form: DRS/A
Chunk 324
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 The objective of market risk management is to manage and control market risk exposures within acceptable parameters. The Company’s policy is not to take positions in derivative financial instruments with the aim of profit realization and strives to achieve interest rate and foreign currency exposure neutrality.

| NOTE 22. | Capital Management |

The Company’s objectives for managing capital are to safeguard the capacity to operate continuously, provide returns to shareholders, maintain the interests of other related parties, and maintain an optimal capital structure to reduce the cost of capital. In order to maintain or adjust the capital structure, the Company may adjust the dividend payment to the shareholders, reduce the capital for redistribution to shareholders, issue new shares, or sell assets to settle any liabilities. There were no changes in the Company’s approach to capital management during the year ended December 31, 2023. Neither the Company nor its subsidiaries are subject to externally imposed capital managements.

|                                             |     |   | December 31, 
         2023 |   |     |     | December 31, 
         2022 |   |
|:--------------------------------------------|:----|:--|-------------:|:--|:----|:----|-------------:|:--|
| Total liabilities                           |     | $ |   22,410,197 |   |     |     |   14,743,029 |   |
| Less: cash and restricted cash              |     |   |   (7,997,008 | ) |     |     |   (2,580,834 | ) |
| Net debt                                    |     | $ |   14,413,189 |   |     |     |   12,162,195 |   |
| Equity attributable to owners of the parent |     | $ |   (6,386,738 | ) |     |     |   (9,289,483 | ) |

F-44

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

| NOTE 23. | Cash Flow Information |

Reconciliation of liabilities arising from financing activities were as follows:

|                                                         |     | January 1, 
 2023       |            |     | Cash flows 
 Increase   |         |     | Decrease |            |   |     | Non-cash flows 
 Additions      
 from           
 acquisition    |           |     | Payments   
 from trust 
 funds      |            |   |     | Changes  
 in lease 
 payments |