Company: COPL-UN
Filing Date: 2025-04-01
Form Type: S-1/A
Source: 0001829126-25-002247
Chunk: 260

Company: Copley Acquisition Corp
Filing Date: 2025-04-01
Form: S-1/A
Chunk 260
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 one or more independent audits carried out     
 by the firm and any steps taken to deal with such issues;                                                                               |

| ● | meeting to review and discuss our annual audited financial                                                                               
 statements and quarterly financial statements with management and the independent registered public accounting firm, including reviewing 
 our specific disclosures under “Management’s Discussion and Analysis of Financial Condition and Results of Operations”;                  |

| ● | reviewing and approving any related party transaction required                                                                
 to be disclosed pursuant to Item 404 of Regulation S-K promulgated by the SEC prior to us entering into such transaction; and |

| ● | reviewing with management, the independent auditors, and our                                                                            
 legal advisors, as appropriate, any legal, regulatory or compliance matters, including any correspondence with regulators or government 
 agencies and any employee complaints or published reports that raise material issues regarding our financial statements or accounting   
 policies and any significant changes in accounting standards or rules promulgated by the Financial Accounting Standards Board, the      
 SEC or other regulatory authorities.                                                                                                    |

Compensation Committee

Upon 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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