Company: EMCRF
Filing Date: 2025-07-17
Form Type: PRE 14A
Source: 0001641172-25-020063
Chunk: 66

Company: Embrace Change Acquisition Corp.
Filing Date: 2025-07-17
Form: PRE 14A
Chunk 66
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 that:                                                                                   |

| (a) | the                                                                                                                              
 necessary quorum shall be one or more persons holding, or representing by proxy, not less than one third of the issued Shares of 
 the class; and                                                                                                                   |

| (b) | any                                                                                                                                    
 Member holding issued Shares of the class, present in person or by proxy or, in the case of a corporate Member, by its duly authorised 
 representative, may demand a poll.                                                                                                     |

Effect of new Share issue on existing class rights

| 3.11 | Unless                                                                                                                                
 the terms on which a class of Shares was issued state otherwise, the rights conferred on the Member holding Shares of any class shall 
 not be deemed to be varied by the creation or issue of further Shares ranking pari passu with the existing Shares of that class.      |

| Annex C-16 |

Capital contributions without issue of further Shares

| 3.12 | With                                                                                                                                
 the consent of a Member, the directors may accept a voluntary contribution to the capital of the Company from that Member without   
 issuing Shares in consideration for that contribution. In that event, the contribution shall be dealt with in the following manner: |

| (a) | It                                              
 shall be treated as if it were a share premium. |

| (b) | Unless                       
 the Member agrees otherwise: |

| (i) | if                                                                                                                               
 the Member holds Shares in a single class of Shares, it shall be credited to the share premium account for that class of Shares; |

| (ii) | if                                                                                                                                 
 the Member holds Shares of more than one class, it shall be credited rateably to the share premium accounts for those classes of   
 Shares (in the proportion that the sum of the issue prices for each class of Shares that the Member holds bears to the total issue 
 prices for all classes of Shares that the Member holds).                                                                           |

| (c) | It                                                                                             
 shall be subject to the provisions of the Act and these Articles applicable to share premiums. |

No bearer Shares or warrants

| 3.13 | The                                                    
 Company shall not issue Shares or warrants to bearers. |

Treasury Shares

| 3.14 | Shares                                                                                                                              
 that the Company purchases, redeems or acquires by way of surrender in accordance with the Act shall be held as Treasury Shares and 
 not treated as cancelled if:                                                                                                        |

| (a) | the                                                                                        
 directors so determine prior to the purchase, redemption or surrender of those shares; and |

| (