Company: EMCRF
Filing Date: 2025-07-17
Form Type: PRE 14A
Source: 0001641172-25-020063
Chunk: 105

Company: Embrace Change Acquisition Corp.
Filing Date: 2025-07-17
Form: PRE 14A
Chunk 105
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 Joint Holders, whether that nomination is in writing or in an Electronic 
 Record.                                                                                                                                 |

| 26.11 | Any                                                                                                                 
 Joint Holder of a Share may give a valid receipt for a dividend (or other amount) payable in respect of that Share. |

Dividends or other moneys not to bear interest in absence of special rights

| 26.12 | Unless                                                                                                                              
 provided for by the rights attached to a Share, no dividend or other monies payable by the Company in respect of a Share shall bear 
 interest.                                                                                                                           |

Dividends unable to be paid or unclaimed

| 26.13 | If                                                                                                                                    
 a dividend cannot be paid to a Member or remains unclaimed within six weeks after it was declared or both, the directors may pay      
 it into a separate account in the Company’s name. If a dividend is paid into a separate account, the Company shall not be constituted 
 trustee in respect of that account and the dividend shall remain a debt due to the Member.                                            |

| 26.14 | A                                                                                                                                
 dividend that remains unclaimed for a period of six years after it became due for payment shall be forfeited to, and shall cease 
 to remain owing by, the Company.                                                                                                 |

| Annex C-46 |

| 27. | Capitalisation 
 of profits     |

Capitalisation of profits or of any share premium account or capital redemption reserve

| 27.1 | The                                  
 directors may resolve to capitalise: |

| (a) | any                                                                                                                         
 part of the Company’s profits not required for paying any preferential dividend (whether or not those profits are available 
 for distribution); or                                                                                                       |

| (b) | any                                                                                                      
 sum standing to the credit of the Company’s share premium account or capital redemption reserve, if any. |

The amount resolved to be capitalised must be appropriated to the Members who would have been entitled to it had it been distributed by way of dividend and in the same proportions. The benefit to each Member so entitled must be given in either or both of the following ways:

| (a) | by                                                    
 paying up the amounts unpaid on that Member’s Shares; |

| (b) | by                                                                                                                                
 issuing Fully Paid Shares, debentures or other securities of the Company to that Member or as that Member directs. The directors  
 may resolve that any Shares issued to the Member in respect of partly paid Shares (Original Shares) rank for dividend only to the 
 extent that