Company: EMCRF
Filing Date: 2025-07-28
Form Type: DEF 14A
Source: 0001641172-25-021158
Chunk: 56

Company: Embrace Change Acquisition Corp.
Filing Date: 2025-07-28
Form: DEF 14A
Chunk 56
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andum of Association and Articles of Association of the Company be amended by the deletion of the words “within 24 months after the date of the closing of the IPO or 36 months from the closing of the IPO pursuant to Article 37.8 (subject in the latter case to valid one-month extensions having been made in each case)”and their replacement with the words “within 48 months from the closing of the IPO pursuant to Article 37.8”,and

Article 37.11(b)(ii)(A) of the Third Amended and Restated Memorandum of Association and Articles of Association of the Company be amended by the deletion of the words “ beyond 24 months from the closing of the IPO or 36 months from the closing of the IPO pursuant to Article 37.8 (subject in the latter case to valid one-month extensions having been made in each case)” to “beyond 48 months from the closing of the IPO pursuant to Article 37.8”,and

The fourth amended and restated memorandum and articles of association of the Company be and are hereby approved and adopted, in substitution for, and to the exclusion of, the Third Amended and Restated Memorandum and Articles of Association of the Company with immediate effect to reflect the above amendments.

| Annex A-1 |

<div align='center'>ANNEX B

PROPOSED AMENDMENT NO. 3
TO THE
INVESTMENT MANAGEMENT TRUST AGREEMENT</div>

This Amendment No. 3 (this “ Amendment”), dated as of August 11, 2025, to the Investment Management Trust Agreement (as defined below) is made by and between Embrace Change Acquisition Corp. (the “ Company”) and Continental Stock Transfer & Trust Company, as trustee (“ Trustee”). All terms used but not defined herein shall have the meanings assigned to them in the Trust Agreement.

WHEREAS, the Company and the Trustee entered into an Investment Management Trust Agreement dated as of August 9, 2022 (the “Trust Agreement”):

WHEREAS, Section l(i) of the Trust Agreement sets forth the terms that govern the liquidation of the Trust Account under the circumstances described therein;

WHEREAS, the Amendment No. 2 of the Trust Agreement requires the Company to deposit $75,000 into the Trust Account for each one-month extension from August 12, 2024 for up to twelve months;

WHEREAS, at an Extraordinary General Meeting of the Company held on August 11, 2025 (the “