OBOOK Outlines Strategic Transition and Long-Term Vision for 2025

OBOOK Holdings issued a Year-End Letter to Shareholders from its Founder and CEO, Darren Wang, which read in part,"I have spent the past twelve years in the blockchain industry. Over that time, I have witnessed multiple waves of technological change - and I have seen the same technology lead to very different outcomes. Some chose to chase market momentum and short-term gains. Others chose to invest their time and resources in work that was less visible, but built to endure. During these twelve years, the question I have been asked most often is simple: ;Why not move faster?' It is a fair question, and one we have thought about deeply. From the very beginning, I made a deliberate choice. I did not want to build increasingly complex, well-packaged financial products. I wanted to solve a real problem - one that exists in everyday life, yet has never been properly addressed...As the foundation comes into place, our next priority is not adding complexity - but removing friction. We want businesses and consumers to benefit from the speed and cost efficiency of stablecoins through familiar tools, whether debit cards or credit cards, without needing to understand the underlying infrastructure. The user experience does not need to change. What changes is the settlement speed, cost structure, and reliability behind the scenes. OwlTing is building financial infrastructure. Like subways or highways, much of the work remains invisible until enough people rely on it. That is when the value becomes clear. We cannot promise that every step will generate headlines. But we can promise that our decisions are made with the next decade in mind - and that they are built to withstand scrutiny over time. If you are willing to take a longer-term view of this journey, we are deeply grateful for your trust. The real challenge is not getting started. It is becoming something others can depend on. 2025 was a meaningful year for OwlTing. We completed a major transition in our business model and clarified the long-term path we are building toward. We are sincerely thankful to our users and shareholders-our progress this year and in the years ahead would not be possible without your support. This is still Day 1."