Company: JUPGF
Filing Date: 2025-09-15
Form Type: F-1
Source: 0001493152-25-013292
Chunk: 127

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-09-15
Form: F-1
Chunk 127
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 or understanding between or among our
executive officers and directors pursuant to which any director or officer was or is to be selected as a director or officer, and there
is no arrangement, plan, or understanding as to whether non-management shareholders will exercise their voting rights to continue to
elect the current Board of Directors.

| 106 |

Our
directors and executive officers have not, during the past ten years:

| ● | had any bankruptcy petition                                                                                                                
 filed by or against any business of which such person was a general partner or executive officer, either at the time of the bankruptcy     
 or within two years prior to that time,                                                                                                    |
| ● | been convicted in a criminal                                                                                                               
 proceeding and is not subject to a pending criminal proceeding,                                                                            |
| ● | been subject to any order,                                                                                                                 
 judgment, or decree, not subsequently reversed, suspended, or vacated, of any court of competent jurisdiction, permanently, or temporarily 
 enjoining, barring, suspending, or otherwise limiting his involvement in any type of business, securities, futures, commodities,           
 or banking activities; or                                                                                                                  |
| ● | been found by a court of                                                                                                                   
 competent jurisdiction (in a civil action), the SEC, or the Commodity Futures Trading Commission to have violated a federal or state       
 securities or commodities law, and the judgment has not been reversed, suspended, or vacated.                                              |

Board Practice

Our business is managed
by the directors who exercise all of our powers, subject to the Business Corporations Act of the Republic of the Marshall Islands, our
Amended and Restated Articles of Incorporation (as amended, the “Articles of Incorporation”), our Amended and Restated Bylaws
(the “Bylaws”), and any special resolution of the Board of Directors. We also retain various consultants with specific expertise
to advise our Board and management.

Our Board of Director is
composed of five individuals, as described above. Four of our directors are not U.S. residents. The Board of Directors currently has
three board committees: the Audit Committee, the Compensation Committee and the Nomination and Governance Committee. Except for Marc
Fogassa, our Chairman, none of our directors’ service contracts with us or any of our subsidiaries provide for benefits upon termination
of employment.

Our Bylaws provide that
each director shall be elected at the annual meeting of our shareholders, to serve until the next annual meeting and until a successor
shall have been duly elected and qualified, except in the event of