Company: EMCRF
Filing Date: 2025-07-17
Form Type: PRE 14A
Source: 0001641172-25-020063
Chunk: 113

Company: Embrace Change Acquisition Corp.
Filing Date: 2025-07-17
Form: PRE 14A
Chunk 113
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 believes                                                                                                                            
 that the original document, or the Electronic Record of it, was altered, without the approval of the signatory, after the signatory 
 signed the original document; or                                                                                                    |

| (c) | otherwise                                                        
 doubts the authenticity of the Electronic Record of the document |

and the recipient promptly gives notice to the sender setting the grounds of its objection. If the recipient invokes this Article, the sender may seek to establish the authenticity of the Electronic Record in any way the sender thinks fit.

| Annex C-52 |

| 33. | Transfer               
 by way of continuation |

| 33.1 | The                                                                                                            
 Company may, by Special Resolution, resolve to be registered by way of continuation in a jurisdiction outside: |

| (a) | the         
 Islands; or |

| (b) | such                                                                                         
 other jurisdiction in which it is, for the time being, incorporated, registered or existing. |

| 33.2 | To                                                                                                           
 give effect to any resolution made pursuant to the preceding Article, the directors may cause the following: |

| (a) | an                                                                                                                               
 application be made to the Registrar of Companies to deregister the Company in the Islands or in the other jurisdiction in which 
 it is for the time being incorporated, registered or existing; and                                                               |

| (b) | all                                                                                                                       
 such further steps as they consider appropriate to be taken to effect the transfer by way of continuation of the Company. |

| 34. | Winding 
 up      |

Distribution of assets in specie

| 34.1 | If                                                                                                                                        
 the Company is wound up, the Members may, subject to these Articles and any other sanction required by the Act, pass a Special Resolution 
 allowing the liquidator to do either or both of the following:                                                                            |

| (a) | to                                                                                                                               
 divide in specie among the Members the whole or any part of the assets of the Company and, for that purpose, to value any assets 
 and to determine how the division shall be carried out as between the Members or different classes of Members;                   |

| (b) | to                                                                                                                                
 vest the whole or any part of the assets in trustees for the benefit of Members and those liable to contribute to the winding up. |

No obligation to accept liability

| 34.2 | No                                                                                
 Member shall be compelled to accept any assets if an obligation attaches to them. |

The directors are authorised to present a winding up petition

| 34.3 |