Company: OSRH
Filing Date: 2025-01-29
Form Type: S-4/A
Source: 0001213900-25-007923
Chunk: 614

Company: OSR Holdings, Inc.
Filing Date: 2025-01-29
Form: S-4/A
Chunk 614
---
,091,203,754 |     |        100.00 | % |     | Biotech (drug development)  |     | Switzerland       |
| RMC Co., Ltd.       |     |    35,000,000 |     |        100.00 | % |     | Medical device distribution |     | Republic of Korea |
| Darnatein Co., Ltd. |     | 6,466,667,000 |     |        100.00 | % |     | Biotech (drug development)  |     | Republic of Korea |

Key financial information of the subsidiaries at June 30, 2024 are as follows (Korean won in thousand):

| Name of subsidiary  |     |    Assets |     | Liabilities |     |    Equity |   |     |     Sales |     | Net income 
     (loss) |   |
| VAXIMM AG           |     | 1,413,761 |     |     279,904 |     | 1,133,857 |   |     |     2,857 |     |   (332,034 | ) |
| RMC Co., Ltd.       |     | 3,325,031 |     |   2,119,087 |     | 1,205,945 |   |     | 2,415,521 |     |     38,394 |   |
| Darnatein Co., Ltd. |     |   330,704 |     |     636,684 |     |  (305,980 | ) |     |         — |     |    157,111 |   |

2. Significant accounting policies The principal accounting policies applied in the preparation of these condensed consolidated financial statements are set out below. These policies have been consistently applied to all the periods presented, unless otherwise stated. The preparation of financial statements requires the use of critical accounting estimates. Management also needs to exercise judgement in applying the Group’s accounting policies. The areas involving a higher degree of judgment or complexity, or areas where assumptions and estimates are significant to the condensed consolidated financial statements are disclosed in Note 3.

F-54

2. Significant accounting policies (cont.) 2.1 New or amended accounting standards and interpretations adopted The consolidated entity applied for the first -timecertain standards and amendments, which are effective for annual periods beginning on or after January 1, 2024. The Group has not early adopted any other standard