Company: MEGL
Filing Date: 2025-04-14
Form Type: 20-F
Source: 0001641172-25-004566
Chunk: 90

Company: Magic Empire Global Ltd
Filing Date: 2025-04-14
Form: 20-F
Item: Item 10
Chunk 90
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ITEM
10. ADDITIONAL INFORMATION

A.
Share Capital.

As
of the date of this Annual Report, we are authorized to issue a maximum of (i) 280,000,000 Class A ordinary shares with no par value
each; (ii) 20,000,000 Class B ordinary shares with no par value each; and (iii) 300,000,000 non-voting ordinary shares with no par value
each.

B.
Memorandum and Articles of Association.

We
incorporate by reference into this Annual Report the description of our third amended and restated memorandum and articles of association
filed on December 5, 2024 (“ Memorandum and Articles of Association

The
following are summaries of material provisions of our Memorandum and Articles of Association as they relate to the material terms of
our shares.

Ordinary
shares

General

All
of our issued shares are fully paid and non-assessable. Certificates representing the shares are issued in registered form. Our shareholders
who are non-residents of the BVI may freely hold and vote their shares. As at the date of this Annual Report, there are 4,064,050 Class
A ordinary shares and 1,000,000 Class B ordinary shares issued and outstanding, respectively.

Transfer
Agent and Registrar

The
transfer agent and registrar for the Class A ordinary shares and Class B ordinary shares is VStock Transfer, LLC, at 18 Lafayette Place,
Woodmere, NY 11598.

Distributions

The
holders of our shares are entitled to such dividends as may be declared by our board of directors subject to the BVI Act.

Voting
rights

Any
action required or permitted to be taken by the shareholders must be effected at a duly called annual or special meeting of the shareholders
entitled to vote on such action and may be effected by a resolution in writing. At each general meeting, each holder of Class A ordinary
share who is present in person or by proxy (or, in the case of a shareholder being a corporation, by its duly authorized representative)
will have one (1) vote for each Class A ordinary share which such shareholder holds; each holder of Class B ordinary share who is present
in person or by proxy (or, in the case of a shareholder being a corporation, by its duly authorized representative) will have twenty
(20) votes for each Class B ordinary share which such shareholder holds; and holder of non-voting ordinary share shall not be