Company: OWLS
Filing Date: 2025-01-24
Form Type: DRS/A
Source: 0000950123-25-000547
Chunk: 140

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-01-24
Form: DRS/A
Chunk 140
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     | % of total |       |     | US$’000 |                                         |     | % of total |       |     | US$’000 |       |     | % of total |       |
| Marketing and sales        |     |         |                           2,874 |     |            |  34.6 |     |         | 2,456 |     |            |  30.5 |     |         |                                   1,879 |     |            |  32.2 |     |         | 1,848 |     |            |  26.4 |
| General and administrative |     |         |                           3,018 |     |            |  36.3 |     |         | 3,361 |     |            |  41.8 |     |         |                                   2,329 |     |            |  39.9 |     |         | 3,286 |     |            |  47.0 |
| Research and development   |     |         |                           2,415 |     |            |  29.1 |     |         | 2,231 |     |            |  27.7 |     |         |                                   1,627 |     |            |  27.9 |     |         | 1,855 |     |            |  26.6 |
| Total                      |     |         |                           8,307 |     |            | 100.0 |     |         | 8,048 |     |            | 100.0 |     |         |                                   5,835 |     |            | 100.0 |     |         | 6,989 |     |            | 100.0 |

Notes:

| (1) | The consolidated statement of profit and loss and other comprehensive income data for 2023 reflects our 
 acquisition of PayNow on May 1, 2023.                                                                   |

Marketing and sales Our marketing and sales expenses mainly consist of personnel-related expenses for employee salaries and allowance, employee benefits, and performance bonus for employees engaged in sales and marketing, consultancy fees and advertising expenses. We plan to continue investing in sales and marketing to expand our customer base, focusing on both customer acquisition and retention, while also enhancing brand awareness. Consequently, we anticipate that marketing and sales expenses will increase in absolute terms. However, in the long term, we expect these expenses to decrease as a percentage