Company: COPL-UN
Filing Date: 2025-04-14
Form Type: S-1/A
Source: 0001829126-25-002621
Chunk: 262

Company: Copley Acquisition Corp
Filing Date: 2025-04-14
Form: S-1/A
Chunk 262
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 the effectiveness of the registration statement of which this prospectus forms a part, we will establish a compensation committee of the board of directors. The members of our Compensation Committee will be Mr. Whitsitt and Ms. Fannin, and Mr. Whitsitt will serve as chairman of the compensation committee. We will adopt a compensation committee charter, which will detail the principal functions of the compensation committee, including:

| ● | reviewing and approving on an annual basis the corporate goals and objectives relevant to our Co-Chief Executive Officers’ compensation, evaluating our Co-Chief Executive Officers’ performance in light of such goals and objectives and determining and approving the remuneration (if any) of our Co-Chief Executive Officers’ based on such evaluation; |

| ● | reviewing and approving the compensation of all of our other officers; |

| ● | reviewing our executive compensation policies and plans; |

| ● | implementing and administering our incentive compensation equity-based remuneration plans; |

| ● | assisting management in complying with our proxy statement and annual report disclosure requirements; |

| ● | approving all special perquisites, special cash payments and other special compensation and benefit arrangements for our officers and employees; |

| ● | producing a report on executive compensation to be included in our annual proxy statement; and |

| ● | reviewing, evaluating and recommending changes, if appropriate, to the remuneration for directors. |

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The charter will also provide that the compensation committee may, in its sole discretion, retain or obtain the advice of a compensation consultant, legal counsel or other adviser and will be directly responsible for the appointment, compensation and oversight of the work of any such adviser. 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 NYSE and the SEC.

Nominating and Corporate Governance Committee

Upon the effectiveness of the registration statement of which this prospectus forms a part, we will establish a nominating and corporate governance committee of our board of directors. The members of our nominating and corporate governance will be Mr. Whitsitt and Dr. Meng and Mr. Whitsitt will serve as chairman of the nominating and corporate governance committee. We will adopt a nominating and corporate governance committee charter, which will detail the principal functions of the nominating and corporate governance committee, including:

| ● | identifying, screening and reviewing individuals qualified to serve as directors, consistent with criteria approved