Company: NTCL
Filing Date: 2025-12-29
Form Type: F-3
Source: 0001104659-25-124826
Chunk: 60

Company: NetClass Technology Inc
Filing Date: 2025-12-29
Form: F-3
Chunk 60
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 class or with the sanction of a special resolution passed at a separate meeting of the holders of the shares of that class.

The rights conferred upon the holders of the shares of any class issued with preferred or other rights shall not, subject to any rights or restrictions for the time being attached to the shares of that class, be deemed to be materially and adversely varied by, inter alia, the creation, allotment or issue of further shares ranking pari passuwith or subsequent to them or the redemption or purchase of any shares of any class by the company.

Alteration of Share Capital

Subject to the Cayman Islands Companies Act, our
shareholders may, by ordinary resolution:

(a)increase
its share capital by new shares of such amount as it thinks appropriate;

(b)consolidate
and divide all or any of its share capital into shares of a larger amount than its existing shares;

(c)divide
its shares into several classes and without prejudice to any special rights previously conferred on the holders of existing shares
attach thereto respectively any preferential, deferred, qualified or special rights, privileges, conditions or such restrictions
which in the absence of any such determination by the company in general meeting, as the directors may determine provided always
that, for the avoidance of doubt, where a class of shares has been authorised by the company, no resolution of the company in
general meeting is required for the issuance of shares of that class and the directors may issue shares of that class and determine
such rights, privileges, conditions or restrictions attaching thereto as aforesaid, and further provided that where the company
issues shares which do not carry voting rights, the words “non-voting” shall appear in the designation of such shares
and where the equity capital includes shares with different voting rights, the designation of each class of shares, other than those
with the most favourable voting rights, must include the words “restricted voting” or “limited voting”;

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(d)subdivide
its shares, or any of them, into shares of an amount smaller than that fixed by our memorandum and articles of association, provided
that in the subdivision the proportion between the amount paid and the amount, if any, unpaid on each reduced share shall be the
same as it was in case of the share from which the reduced share is derived; and

(e)cancel
any shares that, at the date of the passing of the resolution, have not been taken or agreed to be taken by any person and diminish
the amount