Company: WCT
Filing Date: 2025-10-07
Form Type: DRS
Source: 0001213900-25-096917
Chunk: 100

Company: Wellchange Holdings Co Ltd
Filing Date: 2025-10-07
Form: DRS
Chunk 100
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man Islands courts to be contrary to public policy, such as to provide indemnification
against civil fraud or the consequences of committing a crime. Our Memorandum and Articles of Association provide that, to the extent
permitted by law, our Company shall indemnify each existing or former director (including alternate director), secretary and other officer
of the Company (including an investment adviser or an administrator or liquidator) and their personal representatives against:

| (a) | all actions, proceedings, costs, charges, expenses, losses,                                                                                   
 damages or liabilities incurred or sustained by the existing or former director (including alternate director), secretary or officer          
 in or about the conduct of the Company’s business or affairs or in the execution or discharge of the existing or former director’s (including 
 alternate director’s), secretary’s or officer’s duties, powers, authorities or discretions; and                                               |

| (b) | without limitation to paragraph (a), all costs, expenses,                                                                                    
 losses or liabilities incurred by the existing or former director (including alternate director), secretary or officer in defending (whether 
 successfully or otherwise) any civil, criminal, administrative or investigative proceedings (whether threatened, pending or completed)       
 concerning the Company or its affairs in any court or tribunal, whether in the Cayman Islands or elsewhere.                                  |

No such existing or former director (including
alternate director), secretary or officer, however, shall be indemnified in respect of any matter arising out of his own dishonesty.

To the extent permitted by the Companies Act,
our Company may make a payment, or agree to make a payment, whether by way of advance, loan or otherwise, for any legal costs incurred
by an existing or former director (including alternate director), secretary or officer of the Company in respect of any matter identified
in Articles on condition that the director (including alternate director), secretary or officer must repay the amount paid by us to the
extent that we are ultimately found not liable to indemnify the director (including alternate director), secretary or that officer for
those legal costs.

This standard of conduct is generally the same
as permitted under the Delaware General Corporation Act for a Delaware corporation. In addition, we intend to enter into indemnification
agreements with our directors and senior executive officers that will provide such persons with additional indemnification beyond that
provided in our Memorandum and Articles of Association. Insofar as indemnification for liabilities arising under the Securities Act may
be permitted to our directors, officers or persons controlling us under the foregoing provisions, we have