Company: JACS-RI
Filing Date: 2025-03-18
Form Type: 10-K
Source: 0001013762-25-000620
Chunk: 660

Company: Jackson Acquisition Co II
Filing Date: 2025-03-18
Form: 10-K
Item: Item 6
Chunk 660
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, the board of directors considers educational background, diversity of professional experience, knowledge
of our business, integrity, professional reputation, independence, wisdom, and the ability to represent the best interests of our shareholders.
Prior to our initial business combination, holders of our public shares will not have the right to recommend director candidates for nomination
to our board of directors.

Code of Ethics

We have adopted a code of
ethics and business conduct (the “Code of Ethics”) applicable to our directors, officers and employees. You are 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.

Trading Policies

On February 20, 2025, we adopted
insider trading policies and procedures governing the purchase, sale, and/or other dispositions of our securities by directors, officers
and employees, which are reasonably designed to promote compliance with insider trading laws, rules and regulations, and applicable stock
exchange listing standards (the “Insider Trading Policy”).

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The foregoing description
of the Insider Trading Policy does not purport to be complete and is qualified in its entirety by the terms and conditions of the Insider
Trading Policy, a copy of which is attached hereto as Exhibit 19 and is incorporated herein by reference.

Clawback Policy

Our clawback policy that
applies to our executive officers (the “Policy”) became effective on December 9, 2024 in order to comply with the NYSE rules.
The Policy gives the Compensation Committee the discretion to require executive officers to reimburse us for any Erroneously Awarded Compensation
(as defined in the Policy) that was based on financial results that were subsequently restated as a result of that person’s misconduct.

Conflicts of Interest

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

●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;

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

●duty to not improperly fetter the exercise of future discretion;

●duty to exercise powers fairly as between different sections of shareholders;

●duty not to put themselves in a position