Company: COPL-UN
Filing Date: 2025-02-03
Form Type: S-1/A
Source: 0001829126-25-000620
Chunk: 240

Company: Copley Acquisition Corp
Filing Date: 2025-02-03
Form: S-1/A
Chunk 240
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quisites, special cash payments and other special compensation and benefit arrangements for our officers and employees; |

| ● | producing a report on executive compensation to be included in our annual proxy statement; and |

| ● | reviewing, evaluating and recommending changes, if appropriate, to the remuneration for directors. |

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The charter will also provide that the compensation committee may, in its sole discretion, retain or obtain the advice of a compensation consultant, legal counsel or other adviser and will be directly responsible for the appointment, compensation and oversight of the work of any such adviser. However, before engaging or receiving advice from a compensation consultant, external legal counsel or any other adviser, the compensation committee will consider the independence of each such adviser, including the factors required by NYSE and the SEC.

Nominating and Corporate Governance Committee

Upon the commencement of trading of our securities on the NYSE, we will establish a nominating and corporate governance committee of our board of directors. The members of our nominating and corporate governance will be [ ] and [ ] will serve as chairman of the nominating and corporate governance committee. We will adopt a nominating and corporate governance committee charter, which will detail the principal functions of the nominating and corporate governance committee, including:

| ● | identifying, screening and reviewing individuals qualified to serve as directors, consistent with                                       
 criteria approved by the board, and recommending to the board of directors candidates for nomination for election at the annual meeting 
 of shareholders or to fill vacancies on the board of directors;                                                                         |

| ● | developing and recommending to the board of directors and overseeing implementation of our corporate governance guidelines; |

| ● | coordinating and overseeing the annual self-evaluation of the board of directors, its committees, individual directors and management in the governance of the company; and |

| ● | reviewing on a regular basis our overall corporate governance and recommending improvements as and when necessary. |

The charter will also provide that the nominating and corporate governance committee may, in its sole discretion, retain or obtain the advice of, and terminate, any search firm to be used to identify director candidates, and will be directly responsible for approving the search firm’s fees and other retention terms.

We have not formally established any specific, minimum qualifications that must be met or skills that are necessary for directors to possess. In general, in identifying and evaluating nominees for director, our board of directors considers educational background, diversity of professional experience, knowledge of our business, integrity, professional reputation, independence, wisdom, and the