|
The
accompanying consolidated financial statements include the accounts of the following entities, all of which were under common control
and ownership at December 31, 2023:
Schedule
of Common Control and Ownership Interest
| |
|
State of |
|
|
| Name
of Entity |
|
Incorporation |
|
Relationship |
|
One
World Products, Inc.(1)
|
|
Nevada |
|
Parent |
|
OWP
Ventures, Inc.(2)
|
|
Delaware |
|
Subsidiary |
|
One
World Pharma S.A.S.(3)(6)
|
|
Colombia |
|
Subsidiary |
|
Colombian
Hope, S.A.S.(4)(6)
|
|
Colombia |
|
Subsidiary |
|
Agrobase,
S.A.S.(5)(6)
|
|
Colombia |
|
Subsidiary |
| (1)
|
Holding
company in the form of a corporation. |
| (2)
|
Holding
company in the form of a corporation and wholly-owned subsidiary of One World Products, Inc. |
| (3) |
Wholly-owned
subsidiary of OWP Ventures, Inc. since May 30, 2018, located in Colombia and legally constituted as a simplified stock company registered
in the Chamber of Commerce of Bogotá on July 18, 2017. Its headquarters are located in Bogotá. |
| (4) |
Wholly-owned
subsidiary of OWP Ventures, Inc., acquired on November 19, 2019, located in Colombia and legally constituted as a simplified stock
company. This company has yet to incur any substantive income or expenses. |
| (5) |
Wholly-owned
subsidiary of OWP Ventures, Inc., formed on September 12, 2019, located in Colombia and legally constituted as a simplified stock
company. This company has yet to incur any substantive income or expenses. |
| (6) |
Deconsolidated
subsidiary post-petition for reorganization under Colombian Law 1116 of 2006 on December 22, 2023. The operations prior to December
22, 2023 have been included in the Consolidated Financial Statements for the Year Ended December 31, 2023, but the assets and liabilities
of the subsidiaries have been deconsolidated and omitted from the Balance Sheet for the Year Ended December 31, 2023. |
|