Company: EMCRF
Filing Date: 2025-07-28
Form Type: DEF 14A
Source: 0001641172-25-021158
Chunk: 59

Company: Embrace Change Acquisition Corp.
Filing Date: 2025-07-28
Form: DEF 14A
Chunk 59
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, increased or reduced): |

| (i)  | with                                                                                             
 or without any preferential, deferred, qualified or special rights, privileges or conditions; or |
| (ii) | subject                                                                                          
 to any limitations or restrictions                                                               |

and unless the condition of issue expressly declares otherwise, every issue of shares (whether declared to be ordinary, preference or otherwise) is subject to this power; or

| (d) | to                                                                              
 alter any of those rights, privileges, conditions, limitations or restrictions. |

| 9 | The                                                                                                                                   
 Company has power to register by way of continuation as a body corporate limited by shares under the laws of any jurisdiction outside 
 the Cayman Islands and to be deregistered in the Cayman Islands.                                                                      |

| Annex C-4 |

<div align='center'>COMPANIES ACT (REVISED)

COMPANY LIMITED BY SHARES

FOURTH AMENDED AND RESTATED

ARTICLES OF ASSOCIATION

OF

EMBRACE CHANGE ACQUISITION CORP.

ADOPTED BY SPECIAL RESOLUTION ON AUGUST 11, 2025</div>

| Annex C-5 |

CONTENTS

| 1. | Definitions,                                                                  
 interpretation and exclusion of Table A                                       |     | C-11 |
|    | Definitions                                                                   |     | C-11 |
|    | Interpretation                                                                |     | C-14 |
|    | Exclusion                                                                     
 of Table A Articles                                                           |     | C-14 |
| 2. | Commencement                                                                  
 of Business                                                                   |     | C-15 |
| 3. | Shares                                                                        |     | C-15 |
|    | Power                                                                         
 to issue Shares and options, with or without special rights                   |     | C-15 |
|    | Power                                                                         
 to issue fractions of a Share                                                 |     | C-15 |
|    | Power                                                                         
 to pay commissions and brokerage fees                                         |     | C-16 |
|    | Trusts                                                                        
 not recognised                                                                |     | C-16 |
|    | Power                                                                         
 to vary class rights                                                          |     | C-16 |
|    | Effect                                                                        
 of new Share issue on existing class rights                                   |     | C-16 |
|    | Capital                                                                       
 contributions without issue of further Shares                                 |     | C-17 |
|    | No                                                                            
 bearer Shares or warrants                                                     |     | C-17 |
|    | Treasury                                                                      
 Shares                                                                        |     | C-17