Company: JUPGF
Filing Date: 2025-10-08
Form Type: F-1/A
Source: 0001493152-25-017439
Chunk: 134

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-10-08
Form: F-1/A
Chunk 134
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 in finance or accounting, requisite
professional certification in accounting, or other comparable experience or background that results in the individual’s financial
sophistication. As of the date hereof, our Audit Committee was composed of the following two directors, 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.    |

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