Company: COPL-UN
Filing Date: 2025-04-01
Form Type: S-1/A
Source: 0001829126-25-002247
Chunk: 319

Company: Copley Acquisition Corp
Filing Date: 2025-04-01
Form: S-1/A
Chunk 319
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 losses, loss of profit, loss of revenue, loss of reputation
and all interest, penalties and legal costs and all other professional costs and expenses) incurred by the shareholder as a result of
a Sanctioned Persons Event.

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Economic Substance — Cayman Islands

The Cayman Islands, together
with several other non-European Union jurisdictions, have introduced legislation aimed at addressing concerns raised by the Council of
the European Union and the OECD as to offshore structures engaged in certain activities which attract profits without real economic activity.
The International Tax Co-operation (Economic Substance) Act (As Revised) (the “Substance Act”) came into force in the Cayman
Islands in January 2019, introducing certain economic substance requirements for in-scope Cayman Islands entities which are engaged
in certain geographically mobile business activities (“relevant activities.”) As we are a Cayman Islands exempted company,
compliance obligations include filing annual notifications, in which we need to state whether we are carrying out any relevant activities
and if so, whether we have satisfied economic substance tests to the extent required under the Substance Act. It is anticipated that
our Company will not be engaging in any “relevant activities” prior to the consummation of our initial business combination
and will therefore not be required to meet the economic substance requirements tests or will otherwise be subject to more limited substance
requirements. Failure to satisfy applicable requirements may subject us to penalties under the Substance Act.

Cayman Islands Data Protection

We have certain duties under
the Data Protection Act (As Revised) of the Cayman Islands, as amended from time to time and any regulations, codes of practice, or orders
promulgated pursuant thereto (the “DPL”) based on internationally accepted principles of data privacy.

Privacy Notice

Introduction

This privacy notice puts our
shareholders on notice that through your investment in the company you will provide us with certain personal information which constitutes
personal data within the meaning of the DPL (“personal data”). In the following discussion, the “company” or
“we” refers to us and our affiliates and/or delegates, except where the context requires otherwise.

We are committed to processing
personal data in accordance with the DPL. In our use of personal data, we will be characterized under the DPL as a “data controller,”
whilst certain of our service providers, affiliates, and delegates may act as our “data processors” under the DPL. These
service providers may