Company: JUPGF
Filing Date: 2025-08-27
Form Type: DRS/A
Source: 0001493152-25-012379
Chunk: 126

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-08-27
Form: DRS/A
Chunk 126
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composed of the following, all of whom have been affirmatively determined by our Board of Directors to meet the definition of “independent
director” for purposes of serving on an Audit Committee under Rule 10A-3 and Nasdaq rules, all of whom qualify as financial experts:

| 1. | Agenor Narciso Drumond de Cuculicchio, Esq. |
| 2. | Gabriel Santos Cordeiro de Andrade, Esq.    |
| 3. | [●]                                         |

Mr. Andrade is an independent member of
our Audit Committee who qualifies as an “audit committee financial expert” as defined in Item 407(d)(5) of Regulation
S-K.

| 108 |

We have established a written
charter for our Audit Committee, in which we set forth the duties of the Audit Committee that include, among other matters, oversight
responsibilities with respect to the integrity of our financial statements, our compliance with legal and regulatory requirements, the
external auditor’s qualifications, independence, and performance, and the performance of our internal audit function as applicable.
The Audit Committee’s primary duties and responsibilities are to:

| ● | oversee our accounting and financial reporting processes and the audits of our financial statements;                                                                  |
| ● | identify and monitor the management of the principal risks that could impact our financial reporting;                                                                 |
| ● | monitor the integrity of our financial reporting process and system of internal controls regarding financial reporting and accounting appropriateness and compliance; |
| ● | provide oversight of the qualifications, independence, and performance of our external auditors and the appointed actuary;                                            |
| ● | provide an avenue of communication among the external auditors, the appointed actuary, management, and the Board; and                                                 |
| ● | review the annual audited and quarterly financial statements with management and the external auditors.                                                               |

The Audit Committee is also
responsible for discussing policies with respect to risk assessment and risk management, including regularly reviewing our cybersecurity
and other information technology risks, controls, and procedures and our plans to mitigate cybersecurity risks and respond to data breaches.

Compensation Committee

Our Compensation Committee is currently comprised of the following directors, each of whom are independent directors as determined in accordance with the Nasdaq rules:

| 1. | Agenor                            
 Narcizo Drumond Cuculicchio, Esq. |
| 2. | Gabriel                           
 Santos Cordeiro de Andrade, Esq.  |
| 3.