# EDGAR Filing Document

**Accession Number:** 0001824185
**File Stem:** 0001104659-23-014908
**Filing Date:** 2023-2
**Character Count:** 65104
**Document Hash:** 070336d1607f4856807fb323009ede66
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-014908.hdr.sgml**: 20230209

**ACCESSION NUMBER**: 0001104659-23-014908

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 15

**CONFORMED PERIOD OF REPORT**: 20230207

**ITEM INFORMATION**: Entry into a Material Definitive Agreement

**ITEM INFORMATION**: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

**ITEM INFORMATION**: Submission of Matters to a Vote of Security Holders

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230209

**DATE AS OF CHANGE**: 20230209

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HH&L Acquisition Co.
- **CENTRAL INDEX KEY:** 0001824185
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-MEDICAL LABORATORIES [8071]
- **IRS NUMBER:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-40006
- **FILM NUMBER:** 23601112

**BUSINESS ADDRESS:**
- **STREET 1:** C/O SAPPHIRE QI LI, ONE EXCHANGE SQUARE
- **STREET 2:** 8 CONNAUGHT PLACE SUITE 3508
- **CITY:** CENTRAL
- **STATE:** K3
- **ZIP:** 00000
- **BUSINESS PHONE:** 852 6679 6578

**MAIL ADDRESS:**
- **STREET 1:** C/O SAPPHIRE QI LI, ONE EXCHANGE SQUARE
- **STREET 2:** 8 CONNAUGHT PLACE SUITE 3508
- **CITY:** CENTRAL
- **STATE:** K3
- **ZIP:** 00000

?xml version="1.0" encoding="utf-8"?

**UNITED STATES** 

**SECURITIES AND EXCHANGE COMMISSION** 

**Washington, D.C. 20549** 

**FORM 8-K** 

**CURRENT REPORT** 

**PURSUANT TO SECTION 13 OR 15(D)** 

**OF THE SECURITIES EXCHANGE ACT OF 1934** 

**Date of Report (Date of earliest event reported): February 9, 2023 (February 7, 2023)**

**HH&L Acquisition Co.** 

**(Exact name of registrant as specified in its charter)**

---

| | | |
|:---|:---|:---|
| **Cayman Islands** | **001-40006** | **N/A** |
| **(State or other jurisdiction <br> of incorporation)** | **(Commission <br> File Number)** | **(I.R.S. Employer <br> Identification No.)** |

---

**Suite 2001-2002, 20/F, York House**

**The Landmark, 15 Queen's Road Central**

**Central, Hong Kong 00000**

**(Address of principal executive offices, including zip code)** 

**(852) 3752 2870**

**(Registrant's telephone number, including area code)** 

**Not Applicable** 

**(Former name or former address, if changed since last report)** 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

---

| |
|:---|
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |

---

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which <br> registered** |
| **Class A ordinary shares, par value $0.0001 per share** | **HHLA** | **The New York Stock Exchange** |
| **Redeemable warrants, each whole warrant exercisable for one Class A ordinary share, each at an exercise price of $11.50 per share** | **HHLA WS** | **The New York Stock Exchange** |
| **Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant** | **HHLA.U** | **The New York Stock Exchange** |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ⌧

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ◻

**Item 1.01 Entry into a Material Definitive Agreement**

On February 7, 2023, in connection with its Extraordinary General Meeting held on February 7, 2023 (the "Extraordinary General Meeting"), HH&L Acquisition Co. (the "Company") and Continental Stock Transfer & Trust Company entered into the Amended and Restated Investment Management Trust Agreement ("Amended and Restated Trust Agreement") to (i) reflect the Extension (as defined below) and (ii) allow the Company to maintain any remaining amount in its trust account established in connection with its IPO (the "Trust Account") in an interest bearing demand deposit account at a bank (the "Trust Amendment"). A copy of the Amended and Restated Trust Agreement is attached to this Current Report on Form 8-K as Exhibit 10.1 and incorporated herein by reference.

**Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.**

The information disclosed in Item 5.07 of this Current Report on Form 8-K is incorporated by reference into this Item 5.03 to the extent required herein.

**Item 5.07 Submission of Matters to a Vote of Security Holders**

At the Extraordinary General Meeting, holders of 35,653,664 of the Company's ordinary shares, which represents approximately 68.9% of the ordinary shares outstanding and entitled to vote as of the record date of January 9, 2023, were represented in person or by proxy.

At the Extraordinary General Meeting, the shareholders approved (1) a special resolution to amend Articles 51.7 and 51.8 of the Company's second amended and restated memorandum and articles of association (the "Second MAA"), in accordance with the form set forth in Annex B to the accompanying proxy statement, to extend the date (the "Termination Date") by which the Company must (i) consummate a merger, capital stock exchange, asset acquisition, share purchase, reorganization or similar business combination involving the Company and one or more businesses, which we refer to as a "business combination," or (ii) cease its operations except for the purpose of winding up if it fails to complete such business combination and redeem or repurchase 100% of the Company's public shares included as part of the units sold in the Company's initial public offering that was consummated on February 9, 2021, which we refer to as the "IPO," (the "Extension") from February 9, 2023 to March 9, 2023 (the "First Extended Date"), and if the Company does not consummate a business combination by the First Extended Date, the period of time to consummate a business combination may be extended, without the approval of the Company's shareholders, by resolutions of the Board (as defined below) of the Company at least three days prior to First Extended Date, and to April 9, 2023 (the "Second Extended Date"); and may be further extended, by resolutions of the Board passed at least three days prior to the Second Extended Date, to May 9, 2023 (the "Third Extended Date", and each of the First Extended Date, the Second Extended Date and the Third Extended Date, an "Extended Date"), for two additional one-month periods, for an aggregate of two months (each, an "Additional Extension Period") (the "Extension Amendment Proposal") and (2) the proposal to approve the Trust Amendment (the "Trust Amendment Proposal," and together with the Extension Amendment Proposal, the "Extension Proposals"). A copy of the amendment to our Second MAA is attached to this Current Report on Form 8-K as Exhibit 3.1 and incorporated herein by reference.

1. **The Extension Amendment Proposal.** The Extension Amendment Proposal was approved. The final voting
tabulation for this proposal was as follows:

<u>FOR</u> <u>AGAINST</u> <u>ABSTAIN</u> <br> 35,540,225 113,439 0

2. **The Trust Amendment Proposal**. The Trust Amendment Proposal was approved. The final voting tabulation
for this proposal was as follows:

<u>FOR</u> <u>AGAINST</u> <u>ABSTAIN</u> <br> 35,539,362 114,302 0

In connection with the vote to approve the Extension Proposals, the holders of 31,281,090 Class A ordinary shares elected to redeem their shares for cash at a redemption price of approximately $10.18 per share, for an aggregate redemption amount of approximately $318.6 million, leaving approximately $103.1 million in the trust account.

The information included in Item 1.01 is incorporated by reference in this item to the extent required herein.

The proposal to adjourn the Extraordinary General Meeting to a later date or dates, if necessary, to permit further solicitation and vote of proxies in the event that there were insufficient votes to approve the Extension Proposals or if the Company determines that additional time is necessary to effectuate the Extension, was not presented at the Extraordinary General Meeting, as the Extension Amendment Proposal and the Trust Amendment Proposal received a sufficient number of votes required for approval.

**Important Additional Information Will Be Filed with the SEC**

This current report relates to the proposed business combination between HH&L and DiaCarta (the "Business Combination"). HH&L has filed a preliminary, and will file a definitive, proxy statement, which will include a prospectus, which will be a part of a registration statement, and other relevant documents with the SEC. This current report does not contain all the information that should be considered concerning the proposed Business Combination and is not intended to form the basis of any investment decision or any other decision in respect of the Business Combination. HH&L's and DiaCarta's shareholders and other interested persons are urged to read the proxy statement/prospectus and any other relevant documents filed with the SEC when they become available, and any amendments thereto, because, among other things, they will contain updates to the financial, industry and other information herein as well as important information about HH&L, DiaCarta and the contemplated Business Combination. When available, the definitive proxy statement/prospectus and other relevant materials for the proposed Business Combination will be mailed to shareholders of HH&L as of a record date to be established for voting on the proposed Business Combination. Shareholders will be able to obtain a free copy of the proxy statement/prospectus (when filed), as well as other filings containing information about HH&L, DiaCarta and the proposed Business Combination, without charge, at the SEC's website located at www.sec.gov or by directing a request to: HH&L Acquisition Co., Suite 2001-2002, 20/F, York House, The Landmark, 15 Queen's Road Central, Central, Hong Kong. Investment in any securities described herein has not been approved or disapproved by the SEC or any other regulatory authority nor has any authority passed upon or endorsed the merits of the Business Combination or the accuracy or adequacy of the information contained herein. Any representation to the contrary is a criminal offense.

**Forward-Looking Statements**

This current report contains certain statements, estimates, targets, forecasts, and projections with respect to HH&L or DiaCarta. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements include, without limitation, statements regarding the estimated future financial performance and financial position of DiaCarta. Future results are not possible to predict. Opinions and estimates offered in this current report constitute DiaCarta's judgment and are subject to change without notice, as are statements about market trends, which are based on current market conditions. You can identify these forward looking statements through the use of words such as "may," "will," "can," "anticipate," "assume," "should," "indicate," "would," "believe," "contemplate," "expect," "seek," "estimate," "continue," "plan," "point to," "project," "predict," "could," "intend," "target," "potential" and other similar words and expressions of the future, but the absence of these words does not necessarily mean that a statement is not forward-looking. Such forward-looking statements are based on estimates, assumptions and factors that are inherently uncertain, that are beyond DiaCarta's control or ability to predict and that could cause actual results to differ materially from expected results. As a result, they are subject to significant risks and uncertainties and actual events or results may differ materially from these forward-looking statements. No reliance should be placed on, any forward-looking statements, including any projections, targets, estimates or forecasts contained in this current report. Any forward-looking statement speaks only as of the date on which it was made, based on information available as of the date of this current report, and such information may be inaccurate or incomplete. Products described by DiaCarta in its pipeline are under investigation and have not been proven to be safe or effective, and there is no guarantee any such product will be approved in the sought-after indication or will meet the developmental milestones set forth herein, including within the timeline set forth herein. Neither DiaCarta, nor HH&L undertakes any obligation to release any revisions to such forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Information regarding performance by, or businesses associated with, our management team or businesses associated with them is presented for informational purposes only. Past performance by DiaCarta's management team and its affiliates is not a guarantee of future performance. Therefore, you should not rely on the historical record of the performance of DiaCarta's management team or businesses associated with them as indicative of DiaCarta's future performance of an investment or the returns DiaCarta will, or is likely to, generate going forward.

**Participants in the Solicitation**

HH&L and its directors and executive officers may be deemed to be participants in the solicitation of proxies from HH&L's shareholders in connection with the proposed Business Combination. A list of the names of HH&L's directors and executive officers and information regarding their interests in HH&L is contained in HH&L's Annual Report on Form 10-K, which was filed with the SEC on March 30, 2022, and is available free of charge at the SEC's website at www.sec.gov, or by directing a request to HH&L Acquisition Co., Suite 2001-2002, 20/F, York House, The Landmark, 15 Queen's Road Central, Central, Hong Kong. Additional information regarding the interests of any such participants will be contained in the proxy statement/prospectus for the proposed Business Combination when available.

DiaCarta and its directors and executive officers may also be deemed to be participants in the solicitation of proxies from the shareholders of HH&L in connection with the proposed Business Combination. A list of the names of such directors and executive officers and information regarding their interests in the proposed Business Combination will be included in the proxy statement/prospectus for the proposed Business Combination when available.

The definitive proxy statement/prospectus will be mailed to shareholders as of a record date to be established for voting on the proposed Business Combination when it becomes available. Shareholders, potential investors and other interested persons should read the proxy statement/prospectus carefully when in becomes available before making any voting or investment decisions.

**No Offer or Solicitation**

This current report is for informational purposes only and does not constitute (i) a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the Business Combination, (ii) an offer or invitation for the sale or purchase of the securities, assets or business described herein or a commitment of HH&L, DiaCarta or any of their respective subsidiaries, stockholders, affiliates, representatives, partners, directors, officers, employees, advisers or agents, with respect to any of the foregoing, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction, and this press release shall not form the basis of any contract, commitment or investment decision and does not constitute either advice or recommendation regarding any securities.

**Item 9.01. Financial Statements and Exhibits.** 

(d) Exhibits.

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| [3.1](tm235604d1_ex3-1.htm) | [Amendment to Second Amended and Restated Memorandum and Articles of Association](tm235604d1_ex3-1.htm) |
| [10.1](tm235604d1_ex10-1.htm) | [Amended and Restated Investment Management Trust Agreement, dated February 7, 2023, between the Company and Continental Stock Transfer & Trust Company, as trustee](tm235604d1_ex10-1.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |

---

**SIGNATURE** 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | **HH&L ACQUISITION CO.** | **HH&L ACQUISITION CO.** |
|  | By: | /s/ Richard Qi Li |
|  | Name: | Richard Qi Li |
|  | Title: | Chief Executive Officer and Director |
| Date: February 9, 2023 |  |  |

---

## Exhibit 3.1

**Exhibit 3.1**

**<br> AMENDED AND RESTATED INVESTMENT MANAGEMENT TRUST AGREEMENT**

This Amended and Restated Investment Management Trust Agreement (this "***Agreement***") is made effective as of February 7, 2023 by and between HH&L Acquisition Co., a Cayman Islands exempted company (the "***Company***"), and Continental Stock Transfer & Trust Company, a New York corporation (the "***Trustee***"), and amends and restates in its entirety that certain Investment Management Trust Agreement, dated February 5, 2021 by and between the company and the Trustee (the "**Existing Agreement**").

WHEREAS, the Company's registration statement on Form S-1, File No. 333-252254 (the "***Registration Statement***") and prospectus (the "***Prospectus***") for the initial public offering (the "***Offering***") of the Company's units (the "***Units***"), each of which consists of one Class A ordinary share, par value $0.0001 per share (the "***Ordinary Shares***"), and one-half of one redeemable warrant, has been declared effective as of the date hereof by the U.S. Securities and Exchange Commission;

WHEREAS, the Company has entered into an Underwriting Agreement (the "***Underwriting Agreement***") with Goldman Sachs (Asia) L.L.C. and Credit Suisse Securities (USA) LLC, as representatives (the "***Representatives***") of the several underwriters (the "***Underwriters***") named therein;

WHEREAS, the Company has received waiver from the Representatives of any entitlement to the Representatives' respective portion of the $14,490,000 deferred underwriting fee under the Underwriting Agreement;

WHEREAS, as described in the Prospectus, $360,000,000 of the gross proceeds of the Offering and sale of the Private Placement Warrants (as defined in the Underwriting Agreement) (or $414,000,000 if the Underwriters' over-allotment option is exercised in full) will be delivered to the Trustee to be deposited and held in a segregated trust account located at all times in the United States (the "***Trust Account***") for the benefit of the Company and the holders of the Ordinary Shares included in the Units issued in the Offering as hereinafter provided (the amount to be delivered to the Trustee (and any interest subsequently earned thereon) is referred to herein as the "***Property***," the shareholders for whose benefit the Trustee shall hold the Property will be referred to as the "***Public Shareholders***," and the Public Shareholders and the Company will be referred to together as the "***Beneficiaries***");

WHEREAS, if a Business Combination (as defined below) is not consummated by March 9, 2023, upon passing a resolution of the board of directors, the Company may extend such period to April 9, 2023 (the "***First Deadline***"), and if a Business Combination (as defined below) is not consummated by April 9, 2023, upon passing a resolution of the board of directors, the Company may extend such period to May 9, 2023, no later May 9, 2023 (the "***Second Deadline,***" and each First Deadline and Second Deadline, an "***Applicable Deadline***") (the "***Extension***");

WHEREAS, on February 5, 2021, the Company and the Trustee entered into the Existing Agreement to set forth the terms and conditions pursuant to which the Trustee shall hold the Property; and

WHEREAS, the Company and the Trustee desire to enter into this Agreement which shall amend and restate the Existing Agreement in its entirety.

NOW THEREFORE, IT IS AGREED:

**1.** **Agreements and Covenants of Trustee** **.** The Trustee hereby agrees and covenants to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Hold the
 Property in trust for the Beneficiaries in accordance with the terms of this Agreement in
 the Trust Account established by the Trustee in the United States at J.P. Morgan Chase Bank,
 N.A. (or at another U.S. chartered commercial bank with consolidated assets of $100 billion
 or more) and at a brokerage institution selected by the Trustee that is reasonably satisfactory
 to the Company;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Manage,
 supervise and administer the Trust Account subject to the terms and conditions set forth
 herein;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) In a timely
 manner, upon the written instruction of the Company, invest and reinvest the Property in
 United States government securities within the meaning of Section 2(a)(16) of the Investment
 Company Act of 1940, as amended, having a maturity of 185 days or less, or in money market
 funds meeting the conditions of paragraphs (d)(1), (d)(2), (d)(3) and (d)(4) of Rule 2a-7
 promulgated under the Investment Company Act of 1940, as amended (or any successor rule),
 which invest only in direct U.S. government treasury obligations, as determined by the Company
 or in an interest bearing demand deposit account at a bank; it being understood that the
 Trust Account will earn no interest while account funds are uninvested awaiting the Company's
 instructions hereunder and the Trustee may earn bank credits or other consideration;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Collect
 and receive, when due, all interest or other income arising from the Property, which shall
 become part of the "Property," as such term is used herein;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) Promptly
 notify the Company and the Representatives of all communications received by the Trustee
 with respect to any Property requiring action by the Company;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) Supply any
 necessary information or documents as may be requested by the Company (or its authorized
 agents) in connection with the Company's preparation of the tax returns relating to
 assets held in the Trust Account;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) Participate
 in any plan or proceeding for protecting or enforcing any right or interest arising from
 the Property if, as and when instructed by the Company to do so;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) Render to
 the Company monthly written statements of the activities of, and amounts in, the Trust Account
 reflecting all receipts and disbursements of the Trust Account;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Commence
 liquidation of the Trust Account only after and promptly after (x) receipt of, and only
 in accordance with the terms of, a letter from the Company ("  ***Termination Letter*** ")
 in a form substantially similar to that attached hereto as either <u>Exhibit A</u> or <u>Exhibit B</u>, as applicable, signed on behalf of the Company by its Chief Executive Officer, Chief
 Financial Officer, President, Executive Vice President, Vice President, Secretary or Chairman
 of the board of directors of the Company (the "  ***Board***") or other
 authorized officer of the Company, and, in the case of <u>Exhibit A</u>, acknowledged and
 agreed to by the Representatives, and complete the liquidation of the Trust Account and distribute
 the Property in the Trust Account, including interest earned on the funds held in the Trust
 Account (less taxes payable and up to $100,000 of interest to pay dissolution expenses),
 only as directed in the Termination Letter and the other documents referred to therein, or
 (y) upon the date which is the later of (1) March 9, 2023; (2) such later date upon
 the Extensions effectuated pursuant to the terms hereof; and (3) such later date as
 may be approved by the Company's shareholders in accordance with the Company's
 amended and restated memorandum and articles of association if a Termination Letter has not
 been received by the Trustee prior to such date, in which case the Trust Account shall be
 liquidated in accordance with the procedures set forth in the Termination Letter attached
 as <u>Exhibit B</u> and the Property in the Trust Account, including interest earned on the
 funds held in the Trust Account (less taxes payable and up to $100,000 of interest to pay
 dissolution expenses), shall be distributed to the Public Shareholders of record as of such
 date;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j) Upon written
 request from the Company, which may be given from time to time in a form substantially similar
 to that attached hereto as <u>Exhibit C</u> (a "  ***Tax Payment Withdrawal Instruction*** "),
 withdraw from the Trust Account and distribute to the Company the amount of interest earned
 on the Property requested by the Company to cover any tax obligation owed by the Company
 as a result of assets of the Company or interest or other income earned on the Property,
 which amount shall be delivered directly to the Company by electronic funds transfer or other
 method of prompt payment, and the Company shall forward such payment to the relevant taxing
 authority so long as there is no reduction in the principal amount per share initially
deposited in the Trust Account; <u>provided</u>, <u>however</u>, that to the extent there is not sufficient cash in the Trust Account
to pay such tax obligation, the Trustee shall liquidate such assets held in the Trust Account as shall be designated by the Company in
writing to make such distribution (it being acknowledged and agreed that any such amount in excess of interest income earned on the Property
shall not be payable from the Trust Account). The written request of the Company referenced above shall constitute presumptive evidence
that the Company is entitled to said funds, and the Trustee shall have no responsibility to look beyond said request;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(k) Upon written
 request from the Company, which may be given from time to time in a form substantially similar
 to that attached hereto as <u>Exhibit D</u> (a "  ***Shareholder Redemption Withdrawal Instruction*** "), the Trustee shall distribute to the Public Shareholders on behalf
 of the Company the amount requested by the Company to be used to redeem Ordinary Shares from
 Public Shareholders properly submitted in connection with a shareholder vote to approve an
 amendment to the Company's amended and restated memorandum and articles of association
 (A) to modify the substance or timing of the Company's obligation to allow redemption
 in connection with our initial business combination or to redeem 100% of the Ordinary Shares
 included in the Units sold in the Offering (the **"public shares"**) if the
 Company has not consummated an initial Business Combination within such time as is described
 in the Company's amended and restated memorandum and articles of association or (B)
 with respect to any other material provisions relating to shareholders' rights or pre-
 initial Business Combination activity. The written request of the Company referenced above
 shall constitute presumptive evidence that the Company is entitled to distribute said funds,
 and the Trustee shall have no responsibility to look beyond said request; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(l) Not make
 any withdrawals or distributions from the Trust Account other than pursuant to <u>Section 1(i)</u>, <u>(j)</u> or <u>(k)</u> above; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(m) Upon receipt
 of an extension letter in a form substantially similar to that attached hereto as Exhibit
 E ("Extension Letter") at least three business days prior to the Applicable Deadline,
 signed on behalf of the Company by an executive officer, and receipt of the dollar amount
 specified in the Extension Letter on or prior to the Applicable Deadline, follow the instructions
 set forth in the Extension Letter.

**2.** **Agreements and Covenants of the Company.** The Company hereby
 agrees and covenants to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Give all
 instructions to the Trustee hereunder in writing, signed by the Company's Chairman
 of the Board, Chief Executive Officer, Chief Financial Officer, President, Executive Vice
 President, Vice President or Secretary. In addition, except with respect to its duties under <u>Sections 1(i)</u>, <u>1(j)</u> and <u>1(k)</u> hereof, the Trustee shall be entitled to
 rely on, and shall be protected in relying on, any verbal or telephonic advice or instruction
 which it, in good faith and with reasonable care, believes to be given by any one of the
 persons authorized above to give written instructions, provided that the Company shall promptly
 confirm such instructions in writing;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Subject
 to <u>Section 4</u> hereof, hold the Trustee harmless and indemnify the Trustee from
 and against any and all expenses, including reasonable counsel fees and disbursements, or
 losses suffered by the Trustee in connection with any action taken by it hereunder and in
 connection with any action, suit or other proceeding brought against the Trustee involving
 any claim, or in connection with any claim or demand, which in any way arises out of or relates
 to this Agreement, the services of the Trustee hereunder, or the Property or any interest
 earned on the Property, except for expenses and losses resulting from the Trustee's
 gross negligence, fraud or willful misconduct. Promptly after the receipt by the Trustee
 of notice of demand or claim or the commencement of any action, suit or proceeding, pursuant
 to which the Trustee intends to seek indemnification under this <u>Section 2(b)</u>,
 it shall notify the Company in writing of such claim (hereinafter referred to as the "  ***Indemnified Claim*** "). The Trustee shall have the right to conduct and manage the defense
 against such Indemnified Claim; <u>provided</u> that the Trustee shall obtain the
 consent of the Company with respect to the selection of counsel, which consent shall not
 be unreasonably withheld. The Trustee may not agree to settle any Indemnified Claim without
 the prior written consent of the Company, which such consent shall not be unreasonably withheld.
 The Company may participate in such action with its own counsel;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Pay the
 Trustee the fees set forth on <u>Schedule A</u> hereto, including an initial acceptance fee,
 annual administration fee, and transaction processing fee which fees shall be subject to
 modification by the parties from time to time. It is expressly understood that the Property
 shall not be used to pay such fees unless and until it is distributed to the Company pursuant
 to <u>Sections 1(i)</u> through <u>1(j)</u> hereof. The Company shall pay the Trustee
 the initial acceptance fee and the first annual administration fee at the consummation of
 the Offering. The Company shall not be responsible for any other fees or charges of the Trustee
 except as set forth in this <u>Section 2(c)</u>, Schedule A and as may be provided
 in <u>Section 2(b)</u> hereof;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) In connection
 with any vote of the Company's shareholders regarding a merger, share exchange, asset
 acquisition, share purchase, reorganization or similar business combination involving the
 Company and one or more businesses (the "  ***Business Combination*** "),
 provide to the Trustee an affidavit or certificate of the inspector of elections for the
 shareholder meeting verifying the vote of such shareholders regarding such Business Combination;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) Provide
 the Representatives with a copy of any Termination Letter(s) and/or any other correspondence
 that is sent to the Trustee with respect to any proposed withdrawal from the Trust Account
 promptly after it issues the same;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) Instruct
 the Trustee to make only those distributions that are permitted under this Agreement, and
 refrain from instructing the Trustee to make any distributions that are not permitted under
 this Agreement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) If applicable,
 issue a press release at least three days prior to the Applicable Deadline announcing that,
 the Board has approved the Extension; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) Promptly
 following the Applicable Deadline, disclose whether or not the deadline for the Company to
 consummate a Business Combination has been extended.

**3.** **Limitations of Liability.** The Trustee shall have no responsibility or liability to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Imply obligations, perform
 duties, inquire or otherwise be subject to the provisions of any agreement or document other
 than this Agreement and that which is expressly set forth herein;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Take any
 action with respect to the Property, other than as directed in <u>Section 1</u> hereof,
 and the Trustee shall have no liability to any third party except for liability arising out
 of the Trustee's gross negligence, fraud or willful misconduct;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Institute
 any proceeding for the collection of any principal and income arising from, or institute,
 appear in or defend any proceeding of any kind with respect to, any of the Property unless
 and until it shall have received instructions from the Company given as provided herein to
 do so and the Company shall have advanced or guaranteed to it funds sufficient to pay any
 expenses incident thereto;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Refund any
 depreciation in principal of any Property;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) Assume that
 the authority of any person designated by the Company to give instructions hereunder shall
 not be continuing unless provided otherwise in such designation, or unless the Company shall
 have delivered a written revocation of such authority to the Trustee;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) The other
 parties hereto or to anyone else for any action taken or omitted by it, or any action suffered
 by it to be taken or omitted, in good faith and in the Trustee's best judgment, except
 for the Trustee's gross negligence, fraud or willful misconduct. The Trustee may rely
 conclusively and shall be protected in acting upon any order, notice, demand, certificate,
 opinion or advice of counsel (including counsel chosen by the Trustee, which counsel may
 be the Company's counsel), statement, instrument, report or other paper or document
 (not only as to its due execution and the validity and effectiveness of its provisions, but
 also as to the truth and acceptability of any information therein contained) which the Trustee
 believes, in good faith and with reasonable care, to be genuine and to be signed or presented
 by the proper person or persons. The Trustee shall not be bound by any notice or demand,
 or any waiver, modification, termination or rescission of this Agreement or any of the terms
 hereof, unless evidenced by a written
instrument delivered to the Trustee, signed by the proper party or parties and, if the duties or rights of the Trustee are affected,
unless it shall give its prior written consent thereto;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) Verify the
 accuracy of the information contained in the Registration Statement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) Provide
 any assurance that any Business Combination entered into by the Company or any other action
 taken by the Company is as contemplated by the Registration Statement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) File information
 returns with respect to the Trust Account with any local, state or federal taxing authority
 or provide periodic written statements to the Company documenting the taxes payable by the
 Company, if any, relating to any interest income earned on the Property;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j) Prepare,
 execute and file tax reports, income or other tax returns and pay any taxes with respect
 to any income generated by, and activities relating to, the Trust Account, regardless of
 whether such tax is payable by the Trust Account or the Company, including, but not limited
 to, tax obligations, except pursuant to <u>Section 1(j)</u> hereof; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(k) Verify calculations,
 qualify or otherwise approve the Company's written requests for distributions pursuant
 to <u>Sections 1(i)</u>, <u>1(j)</u> or <u>1(k)</u> hereof.

**4.** **Trust Account Waiver.** The Trustee has no right of set-off or any right, title, interest or
 claim of any kind ("  ***Claim***") to, or to any monies in, the Trust
 Account, and hereby irrevocably waives any Claim to, or to any monies in, the Trust Account
 that it may have now or in the future. In the event the Trustee has any Claim against the
 Company under this Agreement, including, without limitation, under <u>Section 2(b)</u> or <u>Section 2(c)</u> hereof, the Trustee shall pursue such Claim solely against the Company and
 its assets outside the Trust Account and not against the Property or any monies in the Trust
 Account.

**5.** **Termination.** This Agreement shall terminate as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) If the Trustee
 gives written notice to the Company that it desires to resign under this Agreement, the Company
 shall use its reasonable efforts to locate a successor trustee, pending which the Trustee
 shall continue to act in accordance with this Agreement. At such time that the Company notifies
 the Trustee that a successor trustee has been appointed and has agreed to become subject
 to the terms of this Agreement, the Trustee shall transfer the management of the Trust Account
 to the successor trustee, including but not limited to the transfer of copies of the reports
 and statements relating to the Trust Account, whereupon this Agreement shall terminate; <u>provided</u>, <u>however</u>,
 that in the event that the Company does not locate a successor trustee within ninety (90) days
 of receipt of the resignation notice from the Trustee, the Trustee may submit an application
 to have the Property deposited with any court in the State of New York or with the United
 States District Court for the Southern District of New York and upon such deposit, the Trustee
 shall be immune from any liability whatsoever; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) At such
 time that the Trustee has completed the liquidation of the Trust Account and its obligations
 in accordance with the provisions of <u>Section 1(i)</u> hereof and distributed the
 Property in accordance with the provisions of the Termination Letter, this Agreement shall
 terminate except with respect to <u>Section 2(b)</u>.

6. Miscellaneous.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The Company
 and the Trustee each acknowledge that the Trustee will follow the security procedures set
 forth below with respect to funds transferred from the Trust Account. The Company and the
 Trustee will each restrict access to confidential information relating to such security procedures
 to authorized persons. Each party must notify the other party immediately if it has reason
 to believe unauthorized persons may have obtained access to such confidential information,
 or of any change in its authorized personnel. In executing funds transfers, the Trustee shall
 rely upon all information supplied to it by the Company, including, account names, account
 numbers, and all other identifying information relating to a Beneficiary, Beneficiary's
 bank or intermediary bank. Except for any liability arising out of the Trustee's gross
 negligence, fraud or
willful misconduct, the Trustee shall not be liable for any loss, liability or expense resulting from any error in the information or
transmission of the funds.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) This Agreement
 shall be governed by and construed and enforced in accordance with the laws of the State
 of New York. This Agreement may be executed in several original or facsimile counterparts,
 each one of which shall constitute an original, and together shall constitute but one instrument.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) This Agreement
 contains the entire agreement and understanding of the parties hereto with respect to the
 subject matter hereof. Except for <u>Section 1(i)</u>, <u>1(j)</u> and <u>1(k)</u> hereof
 (which sections may not be modified, amended or deleted without the affirmative vote of sixty-five
 percent (65%) of the then outstanding Ordinary Shares and Class B ordinary shares, par
 value $0.0001 per share, of the Company, voting together as a single class; <u>provided</u> that no such amendment will affect any Public Shareholder who has properly elected to redeem
 his or her Ordinary Shares in connection with a shareholder vote to amend this Agreement
 (A) to modify the substance or timing of the Company's obligation to allow redemption
 in connection with our initial business combination or to redeem 100% of its Ordinary Shares
 if the Company does not complete its initial Business Combination within the time frame specified
 in the Company's amended and restated memorandum and articles of association or (B)
 with respect to any other material provisions relating to shareholders' rights or pre-initial
 Business Combination activity), this Agreement or any provision hereof may only be changed,
 amended or modified (other than to correct a typographical error) by a writing signed by
 each of the parties hereto.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) The parties
 hereto consent to the jurisdiction and venue of any state or federal court located in the
 City of New York, State of New York, for purposes of resolving any disputes hereunder. AS
 TO ANY CLAIM, CROSS-CLAIM OR COUNTERCLAIM IN ANY WAY RELATING TO THIS AGREEMENT, EACH PARTY
 WAIVES THE RIGHT TO TRIAL BY JURY.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) Any notice,
 consent or request to be given in connection with any of the terms or provisions of this
 Agreement shall be in writing and shall be sent by express mail or similar private courier
 service, by certified mail (return receipt requested), by hand delivery or by electronic
 mail:

if to the Trustee, to:

Continental Stock Transfer & Trust Company

1 State Street, 30<sup>th</sup> Floor

New York, New York 10004

Attn: Francis Wolf & Celeste Gonzalez

Email: <u>fwolf@continentalstock.com</u>

Email: <u>cgonzalez@continentalstock.com</u>

if to the Company, to:

HH&L Acquisition Co.

Suite 3508, One Exchange Square

8 Connaught Place

Central, Hong Kong

Attn: Richard Qi Li

Email: <u>richard.li@hopuhl.com</u>

in each case, with copies to:

White & Case LLP

1221 Avenue of the Americas

New York, NY 10020-1095

Attn: Joel L. Rubinstein, Esq.

Email: <u>joel.rubinstein@whitecase.com</u>

Goldman Sachs (Asia) L.L.C.

68th Floor, Cheung Kong Center

2 Queens Road

Central, Hong Kong

Attn: Vikram Chavali

Email: <u>vikram.chavali@gs.com</u>

Credit Suisse Securities (USA) LLC

Eleven Madison Avenue

New York, New York 10010

Attn: IB-Legal

 ****

and

Skadden, Arps, Slate, Meagher & Flom LLP

525 University Avenue

Palo Alto, CA 94301

Attn: Gregg A. Noel, Esq.; Michael J. Mies, Esq.

Email: <u>Gregg.Noel@skadden.com; Michael.Mies@skadden.com</u>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) Each of
 the Company and the Trustee hereby represents that it has the full right and power and has
 been duly authorized to enter into this Agreement and to perform its respective obligations
 as contemplated hereunder. The Trustee acknowledges and agrees that it shall not make any
 claims or proceed against the Trust Account, including by way of set-off, and shall not be
 entitled to any funds in the Trust Account under any circumstance.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) This Agreement
 is the joint product of the Trustee and the Company and each provision hereof has been subject
 to the mutual consultation, negotiation and agreement of such parties and shall not be construed
 for or against any party hereto.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) This Agreement
 may be executed in any number of counterparts, each of which shall be deemed to be an original,
 but all such counterparts shall together constitute one and the same instrument. Delivery
 of a signed counterpart of this Agreement by facsimile or electronic transmission shall constitute
 valid and sufficient delivery thereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Each of
 the Company and the Trustee hereby acknowledges and agrees that the Representatives on behalf
 of the Underwriters are third-party beneficiaries of this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j) Except as
 specified herein, no party to this Agreement may assign its rights or delegate its obligations
 hereunder to any other person or entity.

[*Signature Page Follows*]

**IN WITNESS WHEREOF**, the parties have duly executed this Investment Management Trust Agreement as of the date first written above.

---

| | | |
|:---|:---|:---|
| **CONTINENTAL STOCK TRANSFER & TRUST COMPANY,** as Trustee | **CONTINENTAL STOCK TRANSFER & TRUST COMPANY,** as Trustee | **CONTINENTAL STOCK TRANSFER & TRUST COMPANY,** as Trustee |
| By: | /s/ Francis Wolf | /s/ Francis Wolf |
|  | Name: | Francis Wolf |
|  | Title: | Vice President |
| **HH&L ACQUISITION CO.** | **HH&L ACQUISITION CO.** | **HH&L ACQUISITION CO.** |
| By: | /s/ Richard Qi Li | /s/ Richard Qi Li |
|  | Name: | Richard Qi Li |
|  | Title: | Chief Executive Officer |

---

[*Signature Page to Investment Management Trust Agreement*]

 **Schedule A** 

---

| | | |
|:---|:---|:---|
| **Fee Item** | **Time and method of payment** | **Amount** |
| Initial set-up fee. | Initial closing of Offering by wire transfer. | $3500.00 |
| Trustee administration fee | Payable annually. First year fee payable, at initial closing of Offering by wire transfer, thereafter by wire transfer or check. | $10000.00 |
| Transaction processing fee for disbursements to Company under <u>Section 1</u> | Billed to Company following disbursement made to Company under <u>Section 1</u> | $250.00 |
| Paying Agent services as required pursuant to <u>Section 1(i) and 1(k)</u> | Billed to Company upon delivery of service pursuant to <u>Section 1(i) and 1(k)</u> | Prevailing rates |

---

**EXHIBIT A** 

**[Letterhead of Company]** 

**[Insert date]** 

Continental Stock Transfer & Trust Company

1 State Street, 30th Floor

New York, New York 10004

Attn: Francis Wolf & Celeste Gonzalez

Re: <u>Trust Account Termination Letter</u>

Dear Mr. Wolf and Ms. Gonzalez:

Pursuant to <u>Section 1(i)</u> of the Amended and Restated Investment Management Trust Agreement between HH&L Acquisition Co. (the "***Company***") and Continental Stock Transfer & Trust Company ("***Trustee***"), dated as of February 7, 2023 (the "***Trust Agreement***"), this is to advise you that the Company has entered into an agreement with ___________ (the "***Target Business***") to consummate a business combination with Target Business (the "***Business Combination***") on or about **[insert date]**. The Company shall notify you at least seventy-two (72) hours in advance of the actual date (or such shorter period as you may agree) of the consummation of the Business Combination (the "***Consummation Date***"). Capitalized terms used but not defined herein shall have the meanings set forth in the Trust Agreement.

In accordance with the terms of the Trust Agreement, we hereby authorize you to commence to liquidate all of the assets of the Trust Account, and to transfer the proceeds to a segregated account held by you on behalf of the Beneficiaries to the effect that, on the Consummation Date, all of the funds held in the Trust Account will be immediately available for transfer to the account or accounts that the Company shall direct on the Consummation Date. It is acknowledge and agreed that while the funds are on deposit in the trust operating account at J.P. Morgan Chase Bank, N.A. awaiting distribution, the Company will not earn any interest or dividends.

On the Consummation Date (i) counsel for the Company shall deliver to you written notification that the Business Combination has been consummated, or will be consummated concurrently with your transfer of funds to the accounts as directed by the Company (the "***Notification***"), and (ii) the Company shall deliver to you (a) a certificate of the Chief Executive Officer, Chief Financial Officer, Co-Executive Chairman or Vice Chairman, which verifies that the Business Combination has been approved by a vote of the Company's shareholders, if a vote is held and (b) a joint written instruction signed by the Company and the Representatives with respect to the transfer of the funds held in the Trust Account, including payment of amounts owed to public shareholders who have properly exercised their redemption rights (the "***Instruction Letter***"). You are hereby directed and authorized to transfer the funds held in the Trust Account immediately upon your receipt of the Notification and the Instruction Letter, in accordance with the terms of the Instruction Letter. In the event that certain deposits held in the Trust Account may not be liquidated by the Consummation Date without penalty, you will notify the Company in writing of the same and the Company shall direct you as to whether such funds should remain in the Trust Account and be distributed after the Consummation Date to the Company. Upon the distribution of all the funds, net of any payments necessary for reasonable unreimbursed expenses related to liquidating the Trust Account, your obligations under the Trust Agreement shall be terminated.

In the event that the Business Combination is not consummated on the Consummation Date described in the notice thereof and we have not notified you on or before the original Consummation Date of a new Consummation Date, then upon receipt by the Trustee of written instructions from the Company, the funds held in the Trust Account shall be reinvested as provided in <u>Section 1(c)</u> of the Trust Agreement on the business day immediately following the Consummation Date as set forth in such notice as soon thereafter as possible.

---

| | |
|:---|:---|
| Very truly yours, | Very truly yours, |
| HH&L Acquisition Co. | HH&L Acquisition Co. |
| By: |  |
|  | Name: |
|  | Title: |

---

---

| | |
|:---|:---|
| Agreed and acknowledged by: | Agreed and acknowledged by: |
| Goldman Sachs (Asia) L.L.C. | Goldman Sachs (Asia) L.L.C. |
| By: |  |
|  | Name: |
|  | Title: |

---

---

| | |
|:---|:---|
| Credit Suisse Securities (USA) LLC | Credit Suisse Securities (USA) LLC |
| By: |  |
|  | Name: |
|  | Title: |

---

**EXHIBIT B** 

**[Letterhead of Company]** 

**[Insert date]** 

Continental Stock Transfer & Trust Company

1 State Street, 30th Floor

New York, New York 10004

Attn: Francis Wolf & Celeste Gonzalez

Re: <u>Trust Account Termination Letter</u>

Dear Mr. Wolf and Ms. Gonzalez:

Pursuant to <u>Section 1(i)</u> of the Amended and Restated Investment Management Trust Agreement between HH&L Acquisition Co. (the "***Company***") and Continental Stock Transfer & Trust Company (the "***Trustee***"), dated as of February 7, 2023 (the "***Trust Agreement***"), this is to advise you that the Company has been unable to effect a business combination with a Target Business (the "***Business Combination***") within the time frame specified in the Company's amended and restated memorandum and articles of association. Capitalized terms used but not defined herein shall have the meanings set forth in the Trust Agreement.

In accordance with the terms of the Trust Agreement, we hereby authorize you to liquidate all of the assets in the Trust Account and to transfer the total proceeds into a segregated account held by you on behalf of the Beneficiaries to await distribution to the Public Shareholders. The Company has selected<u> </u> as the effective date for the purpose of determining when the Public Shareholders will be entitled to receive their share of the liquidation proceeds. You agree to be the Paying Agent of record and, in your separate capacity as Paying Agent, agree to distribute said funds directly to the Company's Public Shareholders in accordance with the terms of the Trust Agreement and the amended and restated memorandum and articles of association of the Company. Upon the distribution of all the funds, net of any payments necessary for reasonable unreimbursed expenses related to liquidating the Trust Account, your obligations under the Trust Agreement shall be terminated, except to the extent otherwise provided in <u>Section 1(i)</u> of the Trust Agreement.

---

| | |
|:---|:---|
| Very truly yours, | Very truly yours, |
| HH&L Acquisition Co. | HH&L Acquisition Co. |
| By: |  |
|  | Name: |
|  | Title: |

---

cc: Goldman Sachs (Asia) L.L.C.

Credit Suisse Securities (USA) LLC

**EXHIBIT C** 

**[Letterhead of Company]** 

**[Insert date]** 

Continental Stock Transfer & Trust Company

1 State Street, 30th Floor

New York, New York 10004

Attn: Francis Wolf & Celeste Gonzalez

---

| | |
|:---|:---|
| Re: | <u>Trust Account Tax Payment Withdrawal Instruction</u> |

---

Dear Mr. Wolf and Ms. Gonzalez:

Pursuant to <u>Section 1(j)</u> of the Amended and Restated Investment Management Trust Agreement between HH&L Acquisition Co. (the "***Company***") and Continental Stock Transfer & Trust Company (the "***Trustee***"), dated as of February 7, 2023 (the "***Trust Agreement***"), the Company hereby requests that you deliver to the Company $<u> </u>of the interest income earned on the Property as of the date hereof. Capitalized terms used but not defined herein shall have the meanings set forth in the Trust Agreement.

The Company needs such funds to pay for the tax obligations as set forth on the attached tax return or tax statement. In accordance with the terms of the Trust Agreement, you are hereby directed and authorized to transfer (via wire transfer) such funds promptly upon your receipt of this letter to the Company's operating account at:

**[WIRE INSTRUCTION INFORMATION]** 

---

| | |
|:---|:---|
| Very truly yours, | Very truly yours, |
| HH&L Acquisition Co. | HH&L Acquisition Co. |
| By: |  |
|  | Name: |
|  | Title: |

---

cc: Goldman Sachs (Asia) L.L.C.

Credit Suisse Securities (USA) LLC

**EXHIBIT D** 

**[Letterhead of Company]** 

**[Insert date]** 

Continental Stock Transfer & Trust Company

1 State Street, 30th Floor

New York, New York 10004

Attn: Francis Wolf & Celeste Gonzalez

---

| | |
|:---|:---|
| Re: | <u>Trust Account Shareholder Redemption Withdrawal Instruction</u> |

---

Dear Mr. Wolf and Ms. Gonzalez:

Pursuant to <u>Section 1(k)</u> of the Amended and Restated Investment Management Trust Agreement between HH&L Acquisition Co. (the "***Company***") and Continental Stock Transfer & Trust Company (the "***Trustee***"), dated as of February 7, 2023 (the "***Trust Agreement***"), the Company hereby requests that you deliver to the redeeming Public Shareholders of the Company $<u> </u> of the principal and interest income earned on the Property as of the date hereof to a segregated account held by you on behalf of the Beneficiaries for distribution to the Public Shareholders who have requested redemption of their Ordinary Shares. Capitalized terms used but not defined herein shall have the meanings set forth in the Trust Agreement.

The Company needs such funds to pay its Public Shareholders who have properly elected to have their Ordinary Shares redeemed by the Company in connection with a shareholder vote to approve an amendment to the Company's amended and restated memorandum and articles of association (A) to modify the substance or timing of the Company's obligation to allow redemption in connection with our initial business combination or to redeem 100% of its public Ordinary Shares if the Company has not consummated an initial Business Combination within such time as is described in the Company's amended and restated memorandum and articles of association or (B) with respect to any other material provisions relating to shareholders' rights or pre-initial Business Combination activity. As such, you are hereby directed and authorized to transfer (via wire transfer) such funds promptly upon your receipt of this letter.

---

| | |
|:---|:---|
| Very truly yours, | Very truly yours, |
| HH&L Acquisition Co. | HH&L Acquisition Co. |
| By: |  |
|  | Name: |
|  | Title: |

---

cc: Goldman Sachs (Asia) L.L.C.

Credit Suisse Securities (USA) LLC

**EXHIBIT E**

**[Letterhead of Company]**

**[Insert date]**

Continental Stock Transfer & Trust Company

1 State Street, 30th Floor

New York, New York 10004

Attn: Francis Wolf & Celeste Gonzalez

Re: <u>Trust Account Extension Letter</u>

Dear Mr. Wolf and Ms. Gonzalez:

Pursuant to <u>Section 1(m)</u> of the Amended and Restated Investment Management Trust Agreement between HH&L Acquisition Co. (the "***Company***") and Continental Stock Transfer & Trust Company (the "***Trustee***"), dated as of February 7, 2023 (the "***Trust Agreement***"), this is to advise you that the Company is extending the time available to consummate a Business Combination from<u> </u> to<u> </u>(the "***Extension***").

This Extension Letter shall serve as the notice required with respect to the Extension prior to the Applicable Deadline. Capitalized terms used but not defined herein shall have the meanings set forth in the Trust Agreement.

In accordance with the terms of the Trust Agreement, the Company hereby authorizes you to deposit $<u> </u>, which will be wired to you, into the Trust Account investments upon receipt.

---

| | | |
|:---|:---|:---|
| Very truly yours, |  |  |
|  | HH&L Acquisition Co. | HH&L Acquisition Co. |
|  | By: |  |
|  |  | Name: |
|  |  | Title: |

---

## Exhibit 10.1

**Exhibit 10.1**

**HH&L ACQUISITION CO. (THE "COMPANY")**

**RESOLUTIONS OF THE SHAREHOLDERS OF THE COMPANY**

**Extension Amendment Proposal**

It is resolved as a special resolution that the second amended and restated memorandum and articles of association of HH&L Acquisition Co. be amended by deleting Articles 51.7 and 51.8 in their entirety and replacing them with the following:

"51.7 In the event that the Company does not consummate a Business Combination on or before March 9, 2023 (the "**First Extended Date**"), the Board may, not less than three days prior to the First Extended Date, pass a resolution to extend the period of time to consummate a Business Combination to April 9, 2023 (the "**Second Extended Date**"). In the event that the Board resolves to extend the period of time to consummate a Business Combination to the Second Extended Date and the Company does not consummate a Business Combination on or before the Second Extended Date, the Board may, not less than three days prior to the Second Extended Date, pass a further resolution to extend the period of time to consummate a Business Combination to May 9, 2023 (the "**Third Extended Date**"). In the event that the Company does not consummate a Business Combination on or before the First Extended Date, or, if the Board has resolved to extend the period of time to consummate a Business Combination to the Second Extended Date or the Third Extended Date as permitted by this Article 51.7, by the Second Extended Date or the Third Extended Date (as applicable), or such later time as the Members may approve in accordance with the Articles, the Company shall:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) cease all operations except for the purpose of winding up;

(b) as promptly as reasonably possible but not more than ten business days thereafter, redeem the Public
Shares, at a per-Share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest
earned on the funds held in the Trust Account and not previously released to the Company (less tax payable, if any, and up to US$100,000
of interest to pay dissolution expenses), divided by the number of then Public Shares in issue, which redemption will completely extinguish
public Members' rights as Members (including the right to receive further liquidation distributions, if any); and

(c) as promptly as reasonably possible following such redemption, subject to the approval of the Company's
remaining Members and the Directors, liquidate and dissolve,

subject in each case to its obligations under Cayman Islands law to provide for claims of creditors and other requirements of Applicable Law.

For the avoidance of doubt, in the event that the Company does not consummate a Business Combination on or before the First Extended Date, and if the Board has resolved to extend the period of time to consummate a Business Combination to the Second Extended Date or the Third Extended Date as permitted by this Article 51.7, the Board may at any time prior to the Second Extended Date or the Third Extended Date pass a resolution to terminate such extension of the period of time to consummate a Business Combination to the Second Extended Date or the Third Extended Date, as applicable, *provided that* the Company shall have deposited: (x) the lesser of US$380,000 or $0.0475 for each public share that is not redeemed as of February 9, 2023 to the Trust Account, in case of the termination of the period of time to consummate a Business Combination to the Second Extended Date; or (y) the lesser of US$380,000 or $0.0475 for each public share that is not redeemed as of Second Extended Date to the Trust Account, in case of the termination of the period of time to consummate a Business Combination to the Third Extended Date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51.8 In the event that any amendment is made to the Articles:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) to modify the substance or timing of the Company's obligation to allow redemption in connection
with a Business Combination or redeem 100 per cent of the Public Shares if the Company does not consummate a Business Combination on or
before the First Extended Date (or, if the Board has resolved to extend the period of time to consummate a Business Combination as described
in Article 51.7, by the Second Extended Date or the Third Extended Date, as applicable); or

(b) with respect to any other provision relating to Members' rights or pre-Business Combination activity,

each holder of Public Shares who is not the Sponsor, a Founder, Officer or Director shall be provided with the opportunity to redeem their Public Shares upon the approval or effectiveness of any such amendment at a per-Share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned on the funds held in the Trust Account and not previously released to the Company to pay its taxes, divided by the number of then issued and outstanding Public Shares. The Company's ability to provide such redemption in this Article is subject to the Redemption Limitation."