Submission of Matters to a Vote of Security Holders Form 8 K

Item 1.01. Entry into a Material Definitive Agreement

On August 12, 2024, as approved by its shareholders at an extraordinary general meeting held on August 12, 2024 (the "Extraordinary General Meeting"), Embrace Change Acquisition Corp. (the "Company" or "Embrace Change"), and its trustee, Continental Stock Transfer & Trust Company (the "Trustee"), signed an amendment to the investment management trust agreement dated as of August 9, 2022, as amended (the "Trust Agreement"), to give the Company the right to extend the date by which Embrace Change must consummate a business combination (the "Combination Period") twelve (12) times for an additional one (1) month each time, from August 12, 2024 (i.e. the end of 12 months from the consummation of its initial public offering, the "Termination Date") to August 12, 2025 (the "Extended Date"), by depositing into the trust account (the "Trust Account") $75,000 per outstanding public share for each one-month extension (the "Extension Payment"), as approved by the Company's shareholders in accordance with the Company's second amended and restated memorandum and articles of association (the "Articles of Association"). At the Extraordinary General Meeting, the shareholders of the Company approved a special resolution to the Articles of Association to extend the Combination Period from the Termination Date to the Extended Date and to delete words "(less up to US$50,000 of interest to pay dissolution expenses)".