Company: AAM-UN
Filing Date: 2025-03-11
Form Type: 10-K
Source: 0001213900-25-022743
Chunk: 655

Company: AA Mission Acquisition Corp.
Filing Date: 2025-03-11
Form: 10-K
Item: Item 7A
Chunk 655
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 past year has 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 have adopted a code of ethics applicable to
our directors, officers and employees (“Code of Ethics”). We have filed a copy of our Code of Ethics as exhibits to
this Annual Report. Our Code of Ethics contains our insider trading policy. You will be able to review these documents by accessing our
public filings at the SEC’s web site at www.sec.gov. In addition, a copy of the Code of Ethics will be provided without charge
upon request from us. We intend to disclose any amendments to or waivers of certain provisions of our Code of Ethics in a Current Report
on Form 8-K.

24

Conflicts of Interest

Under Cayman Islands law, directors
and officers owe the following fiduciary duties:

(i)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;

(ii)duty to exercise powers for the purposes for which those
powers were conferred and not for a collateral purpose;

(iii)directors should not improperly fetter the exercise of future
discretion;

(iv)duty to exercise powers fairly as between different sections
of shareholders;

(v)duty not to put themselves in a position in which there is
a conflict between their duty to the company and their personal interests; and

(vi)duty to exercise independent judgment.

In addition to the above, directors
also owe a duty of care which is not fiduciary in nature. This duty has been defined as a requirement to act as a reasonably diligent
person having both the general knowledge, skill and experience that may reasonably be expected of a person carrying out the same functions
as are carried out by that director in relation to the company and the general knowledge skill and experience of that director.

As set out above, directors
have a duty not to put themselves in a position of conflict and this includes a duty not to engage in self-dealing, or to otherwise benefit
as a result of their position. However, in some instances what would otherwise be a breach of this duty can be forgiven and/or authorized
in advance by the shareholders provided that there is full disclosure by the directors. This can be done by way of permission granted
in the memorandum and articles of association or alternatively by shareholder approval at general meetings.

Each of our officers and directors
presently has,