Company: UAC
Filing Date: 2025-12-03
Form Type: S-1
Source: 0001493152-25-025837
Chunk: 239

Company: United Acquisition Corp. I
Filing Date: 2025-12-03
Form: S-1
Chunk 239
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 with the Tax Concessions Law, the following undertaking is hereby given to United Acquisition Corp. I (the “Company”):

| 1. | That                                                                                       
 no Law which is hereafter enacted in the Islands imposing any tax to be levied on profits, 
 income, gains or appreciations shall apply to the Company or its operations; and           |

| 161 |

| 2. | In                                                                                        
 addition, that no tax to be levied on profits, income, gains or appreciations or which is 
 in the nature of estate duty or inheritance tax shall be payable:                         |

| 2.1 | on                                                                              
 or in respect of the shares, debentures or other obligations of the Company; or |

| 2.2 | by                                                                                        
 way of the withholding in whole or in part, of any relevant payment as defined in the Tax 
 Concessions Law.                                                                          |

These concessions shall be for a period of THIRTY years from the 27th day of October, 2025.

Material United States Federal Income Tax Considerations

General

The following discussion summarizes certain material United States federal income tax considerations generally applicable to the acquisition, ownership and disposition of our units (each consisting of one Class A ordinary share and one-quarter of one redeemable warrant) that are purchased in this offering, which we refer to collectively as our securities, by U.S. Holders (as defined below) and Non-U.S. Holders (as defined below). Because the components of a unit are generally separable at the option of the holder, the holder of a unit generally should be treated, for United States federal income tax purposes, as the owner of the underlying Class A ordinary share and one-quarter of one redeemable warrant components of the unit. As a result, the discussion below with respect to actual holders of Class A ordinary shares and warrants also should apply to holders of units (as the deemed owners of the underlying Class A ordinary shares and warrants that constitute the units).

This discussion does not address the United States federal income tax consequences to our founders, Sponsor, officers or directors, or to holders of private placement warrants. This discussion is limited to material United States federal income tax considerations to beneficial owners of our securities who are initial purchasers of a unit pursuant to this offering and hold the unit and each component of the unit as a capital asset within the meaning of Section 1221 of the U.S. Internal Revenue Code of 1986, as amended (the “Code”). This discussion assumes