Company: EMCRF
Filing Date: 2025-07-28
Form Type: DEF 14A
Source: 0001641172-25-021158
Chunk: 69

Company: Embrace Change Acquisition Corp.
Filing Date: 2025-07-28
Form: DEF 14A
Chunk 69
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| 4.1 | The                                                                                                  
 Company shall maintain or cause to be maintained the Register of Members in accordance with the Act. |

| 4.2 | The                                                                                                                                       
 directors may determine that the Company shall maintain one or more branch registers of Members in accordance with the Act. The directors 
 may also determine which Register of Members shall constitute the principal register and which shall constitute the branch register       
 or registers, and to vary such determination from time to time.                                                                           |

| 5. | Share        
 certificates |

Issue of share certificates

| 5.1 | Upon                                                                                           
 being entered in the Register of Members as the holder of a Share, a Member shall be entitled: |

| (a) | without                                                                                                                         
 payment, to one certificate for all the Shares of each class held by that Member (and, upon transferring a part of the Member’s 
 holding of Shares of any class, to a certificate for the balance of that holding); and                                          |

| (b) | upon                                                                                                                              
 payment of such reasonable sum as the directors may determine for every certificate after the first, to several certificates each 
 for one or more of that Member’s Shares.                                                                                          |

| 5.2 | Every                                                                                                                                   
 certificate shall specify the number, class and distinguishing numbers (if any) of the Shares to which it relates and whether they      
 are Fully Paid or partly paid up. A certificate may be executed under seal or executed in such other manner as the directors determine. |

| 5.3 | The                                                                                                                                    
 Company shall not be bound to issue more than one certificate for Shares held jointly by several persons and delivery of a certificate 
 for a Share to one joint holder shall be a sufficient delivery to all of them.                                                         |

Renewal of lost or damaged share certificates

| 5.4 | If                                                                                                           
 a share certificate is defaced, worn-out, lost or destroyed, it may be renewed on such terms (if any) as to: |

| (a) | evidence; |

| (b) | indemnity; |

| (c) | payment                                                                               
 of the expenses reasonably incurred by the Company in investigating the evidence; and |

| (d) | payment                                                                  
 of a reasonable fee, if any, for issuing a replacement share certificate |

as the directors may determine, and (in the case of defacement or wearing-out) on delivery to the Company of the old certificate.

| 6. | Lien      
 on Shares |

Nature and scope of