Company: EMCRF
Filing Date: 2025-07-17
Form Type: PRE 14A
Source: 0001641172-25-020063
Chunk: 102

Company: Embrace Change Acquisition Corp.
Filing Date: 2025-07-17
Form: PRE 14A
Chunk 102
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 Companies as an ordinary 
 company, and at the next extraordinary general meeting following their appointment in the case of a company which is registered with    
 the Registrar of Companies as an exempted company, and at any other time during their term of office, upon request of the directors     
 or any general meeting of the Members.                                                                                                  |

| 23.14 | Any                                                                                                                                      
 payment made to members of the Audit Committee (if one exists) shall require the review and approval of the directors, with any director 
 interested in such payment abstaining from such review and approval.                                                                     |

| 23.15 | The                                                                                                                                
 Audit Committee shall monitor compliance with the terms of the IPO and, if any non-compliance is identified, the Audit Committee   
 shall be charged with the responsibility to take all action necessary to rectify such non-compliance or otherwise cause compliance 
 with the terms of the IPO.                                                                                                         |

| 24. | Financial 
 year      |

Unless the directors otherwise specify, the financial year of the Company:

| (a) | shall                                                                              
 end on 31st December in the year of its incorporation and each following year; and |

| (b) | shall                                                                  
 begin when it was incorporated and on 1st January each following year. |

| 25. | Record 
 dates  |

Except to the extent of any conflicting rights attached to Shares, the directors may fix any time and date as the record date for:

| (a) | calling            
 a general meeting; |

| (b) | declaring             
 or paying a dividend; |

| (c) | making                                
 or issuing an allotment of Shares; or |

| (d) | conducting                                              
 any other business required pursuant to these Articles. |

The record date may be before or after the date on which a dividend, allotment or issue is declared, paid or made.

| Annex C-44 |

| 26. | Dividends |

Declaration of dividends by Members

| 26.1 | Subject                                                                                                                            
 to the provisions of the Act, the Company may by Ordinary Resolution declare dividends in accordance with the respective rights of 
 the Members but no dividend shall exceed the amount recommended by the directors.                                                  |

Payment of interim dividends and declaration of final dividends by directors

| 26.2 | The                                                                                                                                  
 directors may pay interim dividends or declare final dividends in accordance with the respective rights of the Members if it appears 
 to them that they are justified by the financial position of the Company and that such dividends may lawfully