2023 PFIC Information Statement

PFIC Name: Valuence Merger Corp. I
PFIC EIN: None
PFIC Address: 4 Orinda Way, Suite 100D, Orinda, California 94563
PFIC Tax Year: January 1, 2023 – December 31, 2023

1. This Information Statement applies to the taxable year of Valuence Merger Corp. I (the "Company") beginning on January 1, 2022 and ending on December 31, 2023 ("Taxable Year").

2. During the Taxable Year, the Company's per-day, per-share ordinary earnings and net capital gain were:

• Class A Ordinary Shares:
  Ordinary Income: US $0.000712946679
  Net Capital Gains: US $0

• Class B Ordinary Shares:
  Ordinary Income: US $0. 000712946679
  Net Capital Gains: US $0

To determine your pro-rata share of the amounts of ordinary earnings and net capital gains of the Company that you held directly and indirectly, as noted above, multiply the per-day, per-share amounts indicated by the number of days and the number of shares you held such shares during the Taxable Year.

3. The amount of cash and fair market value of other property distributed or deemed distributed per-day, per-share by the Company during the Taxable Year specified in paragraph (1) is as follows:

Cash: US $0
Fair Market Value of Other Property: US $0

4. The Company will permit its shareholders to inspect and copy the Company's permanent books of account, records, and such other documents as may be maintained by the Company that are necessary to establish that PFIC ordinary earnings and net capital gain, as provided in section 1293(e) of the Internal Revenue Code, are computed in accordance with U.S. income tax principles.