Company: SAC-UN
Filing Date: 2025-08-22
Form Type: DRS
Source: 0002077096-25-000043
Chunk: 207

Company: Safeguard Acquisition Corp.
Filing Date: 2025-08-22
Form: DRS
Chunk 207
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, to the remuneration for directors. Notwithstanding the foregoing, other than the payment of $25,000 per month to our sponsor for office space and administrative services, no compensation of any kind, including finders, consulting or other similar fees, will be paid to any of our existing shareholders, officers, directors or any of their respective affiliates, prior to, or for any services they render in order to effectuate the consummation of an initial business combination. Accordingly, it is likely that prior to the consummation of an initial business combination, the compensation committee will only be responsible for the review and recommendation of any compensation arrangements to be entered into in connection with such initial business combination. The charter will also provide that the compensation committee may, in its sole discretion, retain or obtain the advice of a compensation consultant, independent legal counsel or other adviser and will be directly responsible for the appointment, compensation and oversight of the work of any such adviser. 138 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 the NYSE and the SEC. Clawback Policy We will adopt a compensation recovery policy that is compliant with the NYSE’s listing rules as required by the Dodd -FrankAct. Compensation Committee Interlocks and Insider Participation None of our executive officers currently serves, and in the past year has not served, as a member of the compensation committee of any entity that has one or more executive officers serving on our board of directors. Code of Business Conduct and Ethics We will adopt a Code of Business Conduct and Ethics applicable to our directors, officers and employees. A copy of the Code of Business Conduct and Ethics will be provided without charge upon request from us. Upon completion of this offering, the full text of our Code of Business Conduct and Ethics will be posted on the investor relations section of our website. We intend to disclose future amendments to our Code of Business Conduct and Ethics, or any waivers of such policy, on our website or in public filings. See the section of this prospectus entitled “ Where You Can Find Additional Information.” Conflicts of Interest Under Cayman Islands law, directors and officers owe the following fiduciary duties: •duty to act in good faith in what the director or officer believes to be in the best interests of the company as a whole; •duty to exercise powers for the purposes for which those powers were conferred and not for a collateral purpose; •directors should not