Company: CSTAF
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001213900-25-027555
Chunk: 297

Company: Constellation Acquisition Corp I
Filing Date: 2025-04-02
Form: 10-K
Item: Item 1A
Chunk 297
---
;

●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 executive
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; and

●administrating the Company’s Clawback Policy (as defined below).

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 the OTC and the SEC.

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.

Section 16(a) Beneficial Ownership Reporting Compliance

Section 16(a) of the Exchange Act requires our officers, directors
and persons who beneficially own more than ten percent of our ordinary shares to file reports of ownership and changes in ownership with
the SEC. These reporting persons are also required to furnish us with copies of all Section 16(a) forms they file. Based solely upon a
review of such forms, we believe that during the years ending December 31, 2024 and 2023, there were no delinquent filers.

Clawback Policy

Our board of directors has adopted a Clawback Policy (the “Clawback
Policy”) designed to comply with Section 10D of the Exchange Act, the rules promulgated thereunder, and the listing standards of
OTCQX® Best Market and OTCQB® Venture Market. The Clawback Policy is also filed as an exhibit to this Annual Report. The Company
believes that it is in the best interests of the Company and its shareholders to create and maintain a culture that emphasizes integrity
and accountability and that reinforces the Company’s pay-for-performance compensation philosophy. The Company’s board of
directors therefore adopted the Clawback Policy, which provides for the recoupment of certain executive compensation