Lichen International Ltd

Potential Effects

If shareholders approve this resolution, the amendment and restatement of the Company’s memorandum and articles of association will become effective immediately upon such approval, subject to Resolutions One, Two and Three also being approved by our shareholders.

This Resolution is conditional on the approval of Resolutions One, Two and Three. If Resolutions One, Two and Three do not receive the requisite vote for approval, then the amendment and restatement of our memorandum and articles of association pursuant to this Resolution will not be effective, even if this resolution receives the requisite votes for approval.

This resolution requires the affirmative (“FOR”) vote of at least two-thirds of votes cast by shareholders present or represented by proxy and entitled to vote at the Extraordinary general meeting. Unless otherwise instructed on the proxy or unless authority to vote is withheld, shares represented by executed proxies will be voted “FOR” this resolution. Abstentions or broker non-votes, if any, will not be counted as votes cast, although abstentions and broker non-votes will be counted for purposes of determining whether there is a quorum present.