Alpha Star shareholders approve extension to Sep 15, 2024 and China-target amendment; ~3.3M shares redeemed

On January 10, 2024, following the approval of the proposals described above, the Company adopted the amendments to the Amended and Restated Memorandum and Articles of Association.

Approval of amending Alpha Star’s Amended and Restated Memorandum and Articles of Association to allow the Company to undertake an initial business combination with an entity or business (“Target Business”), with a physical presence, operation, or other significant ties to China (a “China-based Target”) or which may subject the post-business combination business or entity to the laws, regulations and policies of China (including Hong Kong and Macao), or an entity or business that conducts operations in China through variable interest entities, or VIEs, pursuant to a series of contractual arrangements (“VIE Agreements”) with the VIE and its shareholders on one side, and a China-based subsidiary of the China-based Target (the “WFOE”), on the other side (a “China-based Target”): For Against Abstain Broker Non-Votes Target Limitation Amendment Proposal 9,337,062 978,076 0 0

Approval of amending Alpha Star’s Amended and Restated Memorandum and Articles of Association to extend the date by which Alpha Star must consummate a business combination (the “Extension”) to September 15, 2024 (the “Extended Date”) and reduce the amount of the fee to extend such time period, by amending the Amended and Restated Memorandum and Articles of Association to delete the existing Section 36.2 thereof and replacing it with the new Section 36.2: For Against Abstain Broker Non-Votes Extension Proposal 9,337,062 978,076 0 0 1

Approval of amending Alpha Star’s Amended and Restated Memorandum and Articles of Association to eliminate (i) the limitation that the Company shall not redeem its public shares to the extent that such redemption would result in the ordinary shares, or the securities of any entity that succeeds the Company as a public company, becoming “penny stock” (as defined in accordance with Rule 3a51-1 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)), or cause the Company to not meet any greater net tangible asset or cash requirement which may be contained in the agreement relating to a Business Combination (the “Redemption Limitation”) and (ii) the limitation that the company shall not consummate a Business Combination if the Redemption Limitation is exceeded: For Against Abstain Broker Non-Votes Redemption Limitation Amendment Proposal 9,337,062 978,076 0 0