Company: MVNC
Filing Date: 2025-01-10
Form Type: PRE 14C
Source: 0001683168-25-000215
Chunk: 35

Company: Marvion Inc.
Filing Date: 2025-01-10
Form: PRE 14C
Chunk 35
---
 to mail one copy of future mailings to stockholders at the shared address, notification of such
request may also be made by mail or telephone to the Company’s principal executive offices.

| By Order of the Board of                                                        |
| Directors                                                                       |
| /s/ CHAN Sze Yu                                                                 |
| Name: CHAN Sze Yu                                                               |
| Title: Chief Executive Officer, Chief Financial Officer, Secretary and Director |

: Marvion Inc. 2023 Stock Incentive Plan*

: First Amendment to the Marvion Inc. 2023 Stock Incentive Plan

*Incorporated by reference to the Exhibits to the Registration Statement
on Form S-8 filed with the Securities and Exchange Commission on September 21, 2023.

| 24 |

<div align='center'>FIRST AMENDMENT TO THE

MARVION INC.

2023 STOCK INCENTIVE PLAN</div>

This First Amendment (this “”)
to the Marvion Inc. 2023 Stock Incentive Plan (as may be amended from time to time, the “”) is made as of December
28, 2024. Capitalized terms used herein without definition shall have the meanings ascribed to such terms in the Plan.

WHEREAS, Section 14
of the Plan permits the Board to amend the Plan, subject, in the case of amendments requiring stockholder approval under the rules of
any securities exchange on which the Shares may then be listed, to the approval by the Company’s stockholders of such amendment;

WHEREAS, the Board desires
to amend the Plan to increase the number of Shares available for grant under the Plan and to make other changes deemed desirable by the
Board to attract and recruit talent;

WHEREAS, this Amendment shall
be submitted to the Company’s stockholders for approval, and shall become effective as of the date on which the Company’s
stockholders approve such Amendment (the “”); and

WHEREAS, if the Company’s
stockholders fail to approve this Amendment, the existing Plan shall continue in full force and effect.

NOW, THEREFORE, pursuant to Section 14 of
the Plan, the Plan is hereby amended as follows, effective as of the Effective Date.

1. Section 5(a)(1) of the Plan
is hereby amended and restated to read as follows

(i) Subject to adjustment as provided in Paragraph
XIII, the aggregate number of shares of Common Stock reserved and available for grant and issuance pursuant to this Plan