Company: KOYNU
Filing Date: 2025-05-15
Form Type: DRS
Source: 0001829126-25-003675
Chunk: 264

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-05-15
Form: DRS
Chunk 264
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 of the board of directors. The members of our
compensation committee will be _________. ___________ will serve as chair of the compensation committee. We will adopt a
compensation committee charter, which will detail the purpose and responsibility of the compensation committee, including:

| ● | reviewing the performance of the Chief Executive Officer and 
 executive management;                                        |

| ● | assisting the Board in developing and evaluating potential candidates 
 for executive positions (including Chief Executive Officer);          |

| ● | reviewing and approving goals and objectives relevant to the                                                                        
 Chief Executive Officer and other executive officer compensation, evaluating the Chief Executive Officer’s and other executive      
 officers’ performance in light of these corporate goals and objectives, and setting the Chief Executive Officer and other executive 
 officer compensation levels consistent with its evaluation and the Company philosophy;                                              |

| ● | approving the salaries, bonus and other compensation for all 
 executive officers;                                          |

| ● | reviewing and approving compensation packages for new corporate                      
 officers and termination packages for corporate officers as requested by management; |

| ● | reviewing and discussing with the Board of Directors and senior                                                                  
 officers plans for officer development and corporate succession plans for the Chief Executive Officer and other senior officers; |

| ● | reviewing and making recommendations concerning executive compensation 
 policies and plans;                                                    |

| ● | reviewing and recommending to the Board of Directors the adoption 
 of or changes to the compensation of the Company’s directors;     |

| ● | reviewing and approving the awards made under any executive                        
 officer bonus plan, and providing an appropriate report to the Board of Directors; |

| ● | reviewing and making recommendations concerning long-term incentive                                                                  
 compensation plans, including the use of stock options and other equity-based plans, and, except as otherwise delegated by the Board 
 of Directors, acting as the “Plan Administrator” for equity-based and employee benefit plans;                                        |

| ● | approving all special perquisites, special cash payments and                                            
 other special compensation and benefit arrangements for the Company’s executive officers and employees; |

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| ● | reviewing periodic reports from management on matters relating 
 to the Company’s personnel appointments and practices;         |

| ● | assisting management in complying with the Company’s proxy 
 statement and annual report disclosure requirements;       |

| ● | issuing an annual Report of the Compensation Committee on Executive                                            
 Compensation for the Company’s annual proxy statement in compliance with applicable SEC rules and regulations; |

| ● | annually evaluating the committee’s performance and the                                                                  
 committee’s charter and recommending to