Company: JACS-RI
Filing Date: 2025-03-18
Form Type: 10-K
Source: 0001013762-25-000620
Chunk: 115

Company: Jackson Acquisition Co II
Filing Date: 2025-03-18
Form: 10-K
Item: Item 1
Chunk 115
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aries, 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, Stephan Rodgers and Brian McCarthy. Paul Gabos
serves as chairman of the audit committee.

Each member of the audit committee
is financially literate and our board of directors has determined that Paul Gabos qualifies as an “audit committee financial expert”
as defined in applicable SEC rules and has accounting or related financial management expertise.

We have adopted an audit committee
charter, which details the purpose and principal functions of the audit committee, including:

●assisting board oversight of (1) the integrity of our financial statements, (2) our compliance
with legal and regulatory requirements, (3) our independent registered public accounting firm’s qualifications and independence,
and (4) the performance of our internal audit function and independent registered public accounting firm;

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●the appointment, compensation, retention, replacement, and oversight of the work of the independent registered
public accounting firm and any other registered public accounting firm engaged by us;

●pre-approving all audit and non-audit services to be provided by the independent registered public accounting
firm or any other registered public accounting firm engaged by us, and establishing pre-approval policies and procedures;

●reviewing and discussing with the independent registered public accounting firm all relationships the
independent registered public accounting firm has with us in order to evaluate their continued independence;

●setting clear hiring policies for employees or former employees of the independent registered public accounting
firm;

●setting clear policies for audit partner rotation in compliance with applicable laws and regulations;

●obtaining and reviewing a report, at least annually, from the independent registered public accounting
firm describing (