Company: SCAG
Filing Date: 2025-11-12
Form Type: 20-F
Source: 0001213900-25-109190
Chunk: 162

Company: Scage Future
Filing Date: 2025-11-12
Form: 20-F
Item: Item 10
Chunk 162
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 do not
cover the taxes that are due.

The depositary may refuse
to issue ADSs, to deliver, transfer, split, and combine ADRs or to release securities on deposit until all taxes and charges are paid
by the applicable holder. The depositary and the custodian may take reasonable administrative actions to obtain tax refunds and reduced
tax withholding for any distributions on your behalf. However, you may be required to provide to the depositary and to the custodian
proof of taxpayer status and residence and such other information as the depositary and the custodian may require to fulfill legal obligations.
You are required to indemnify us, the depositary and the custodian for any claims with respect to taxes based on any tax benefit obtained
for you.

Foreign Currency Conversion

The depositary will arrange
for the conversion of all foreign currency received into U. S. dollars if such conversion is practical, and it will distribute the U. S.
dollars in accordance with the terms of the deposit agreement. You may have to pay fees and expenses incurred in converting foreign currency,
such as fees and expenses incurred in complying with currency exchange controls and other governmental requirements.

If the conversion of foreign
currency is not practical or lawful, or if any required approvals are denied or not obtainable at a reasonable cost or within a reasonable
period, the depositary may take the following actions in its discretion:

  Convert the foreign currency to the extent practical and                                                                  
  Distribute the foreign currency to holders for whom the distribution                                                      
  Hold the foreign currency (without liability for interest) for the                                                        

PART II