Actually what you are seeing is the beginning call into SH5. If you look at the EDX register it holds the address of where the module start point is for SH5. Something called EDX which then OllyDebug breaks at the module entry point (if that option is set which under default settings it is). Let OllyDebug 'continue' by pressing the Play symbol (fourth button from the upper left).
I'll warn you now that 'watching' SH5 startup will lead into many exceptions thrown. You'll have to press Shift+F9 to let the app (SH5) handle those exceptions. You'll end up pressing this key combination something like 50+ times
Yes, SH5 is coded awful
