Company: AEAQ
Filing Date: 2025-08-29
Form Type: DRS
Source: 0001213900-25-081972
Chunk: 23

Company: Activate Energy Acquisition Corp.
Filing Date: 2025-08-29
Form: DRS
Chunk 23
---
 former engineering vice president and the director of petroleum engineering in BP p.l.c.’s (NYSE: BP) upstream technology group. Gregor Mawhinneywill serve as a strategic advisor from the date of this prospectus. Mr. Mawhinney has over 40 years of experience with a reservoir engineering background. During his extensive career with international oil and gas operators he has led operations of various sizes and complexity, both onshore and offshore, as well as conventional and non -conventionalprojects. He has worked as a Field Manager of the Buzzard Field in the North Sea for Nexen Inc., as an Operations Manager with Encana Corp. in Ecuador and as the Country Manager with Nexen Inc. in Yemen. Competitive Strengths Our management team has operated in 41 countries across five continents and brings over two centuries of combined experience. Our management team’s expertise spans the entire energy value chain — from field operations to boardroom -levelleadership — across companies ranging from minnows to majors. 6 Our management team maintains a broad and well -establishedinternational network and a proven operational track record in diverse regulatory and commercial environments. Our objective is to complete an initial business combination with a company or asset that aligns with the team’s global experience and stands to benefit from our distinct capabilities in investment, finance, strategic advisory, and operations. Members of our management team have executed numerous complex transactions throughout their careers in a variety of jurisdictions, consistently creating significant shareholder value. We intend to leverage this experience to identify a high -potentialtarget, complete a successful business combination, and build a scalable, market -leadingenterprise with the potential to deliver long -termshareholder returns. Past performance is presented solely for informational purposes. There is no guarantee that we will successfully complete a business combination or replicate prior achievements. You should not interpret the historical record of our management team or its affiliates as an indicator of future performance or expected returns. Alternative Path to Becoming Public We believe our structure will make us an attractive business combination partner to prospective target businesses that desire to become a publicly listed company. A merger with us will offer a target business an alternative process to a public listing rather than the traditional initial public offering process. We believe that target businesses may favor this alternative, which we believe is less expensive, while offering greater certainty of execution than the traditional initial public offering. Furthermore, once a proposed business combination is approved by our shareholders and the transaction is consummated, the target business will have effectively become public, whereas an initial public offering is always