Company: EMCRF
Filing Date: 2025-07-28
Form Type: DEF 14A
Source: 0001641172-25-021158
Chunk: 115

Company: Embrace Change Acquisition Corp.
Filing Date: 2025-07-28
Form: DEF 14A
Chunk 115
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 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 | The                                                                                                                              
 directors have the authority to present a petition for the winding up of the Company to the Grand Court of the Cayman Islands on 
 behalf of the Company without the sanction of a resolution passed at a general meeting.                                          |

| 35. | Amendment                  
 of Memorandum and Articles |

Power to change name or amend Memorandum

| 35.1 | Subject                                             
 to the Act, the Company may, by Special Resolution: |

| (a) | change       
 its name; or |

| (b) | change                                                                                                                
 the provisions of its Memorandum with respect to its objects, powers or any other matter specified in the Memorandum. |

Power to amend these Articles

| 35.2 | Subject                                                                                                                         
 to the Act and as provided in these Articles, the Company may, by Special Resolution, amend these Articles in whole or in part. |

| Annex C-53 |

| 36. | Mergers            
 and Consolidations |

The Company shall have the power to merge or consolidate with one or more constituent companies (as defined in the Act) upon such terms as the directors may determine and (to the extent required by the Act) with the approval of a Special Resolution.

| 37. | Business    
 Combination |

| 37.1 | Notwithstanding                                                                                                                        
 any other provision of these Articles, this Article 37 shall apply during the period commencing upon the adoption of these Articles    
 and terminating upon the first to occur of the consummation of any Business Combination and the distribution of the Trust Account      
 pursuant to Article 37.10. In the event of a conflict between this