AMENDMENT AGREEMENT N.3, DATED JUNE 27, 2025, AMENDING THE SHARE EXCHANGE AGREEMENT, DATED DECEMBER 19, 2024, BY AND AMONG THUNDER POWER HOLDINGS, INC. AND CERTAIN SHAREHOLDERS OF ELECTRIC POWER TECHNOLOGY LIMITED
Thunder Power Holdings, Inc.
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AMENDMENT AGREEMENT
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This Amendment Agreement (the “Agreement”) is made and entered into as of June 27, 2025, by and among Thunder Power Holdings Inc. (“TPEV”) and certain shareholders of Electric Power Technology Limited, a company incorporated and publicly listed in Taiwan (the “TW Company Shareholders”)
RECITALS:
WHEREAS, on December 19, 2024, TPEV and the TW Company Shareholders entered into a Share Exchange Agreement (the “SEA”), pursuant to which the TW Company Shareholders agreed to exchange their shares in TW Company for common stock of TPEV (the “Transaction”);
WHEREAS, on February 10, 2025, TPEV and the TW Company Shareholders executed Amendment No. 1 to the SEA (the “Amendment No. 1”), which updated certain terms of the SEA, including the exchange ratio and the total number of shares to be issued in connection with the Transaction;
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