Company: JACS-RI
Filing Date: 2025-03-18
Form Type: 10-K
Source: 0001013762-25-000620
Chunk: 590

Company: Jackson Acquisition Co II
Filing Date: 2025-03-18
Form: 10-K
Item: Item 5
Chunk 590
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 of Office and Appointment of
Directors and Officers

Our board of directors consists
of five members. Prior to our initial business combination, holders of our Founder Shares will have the right to vote to appoint all of
our directors and remove members of the board of directors for any reason, and holders of our public shares will not have the right to
vote on the appointment of directors during such time. These provisions of our amended and restated memorandum and articles of association
may only be amended by a special resolution passed by a majority of at least 90% of our ordinary shares attending and voting at a general
meeting. Each of our directors will hold office for a three-year term. Subject to any other special rights applicable to the shareholders,
any vacancies on our board of directors may be filled by the affirmative vote of a majority of the directors present and voting at the
meeting of our board of directors or by a majority of the holders of our ordinary shares (or, prior to our initial business combination,
holders of our Founder Shares).

Our officers are appointed
by the board of directors and serve at the discretion of the board of directors, rather than for specific terms of office. Our board of
directors is authorized to appoint persons to the offices set forth in our amended and restated memorandum and articles of association
as it deems appropriate. Our amended and restated memorandum and articles of association provide that our officers may consist of a Chairman,
a Vice-Chairman, a Chief Executive Officer, a President, a Chief Operating Officer, a Chief Financial Officer, Vice Presidents, a Secretary,
Assistant Secretaries, a Treasurer and such other offices as may be determined by the board of directors.

Committees of the Board of Directors

Pursuant to the NYSE listing
rules we have established three standing committees — an audit committee in compliance with Section 3(a)(58)(A) of
the Exchange Act, a compensation committee and a nominating committee, each comprised of independent directors. Subject to phase-in
rules and a limited exception, the rules of the NYSE and Rule 10A-3 of the Exchange Act require that the audit committee of
a listed company be comprised solely of independent directors. Subject to phase-in rules and a limited exception, the rules of the NYSE
require that the compensation committee of a listed company be comprised solely of independent directors.

Audit Committee

We have established an audit
committee of the board of directors. The members of our audit committee are Paul Gabos