Company: JUPGF
Filing Date: 2025-05-02
Form Type: DRS
Source: 0001641172-25-008279
Chunk: 114

Company: ATLAS CRITICAL MINERALS Corp
Filing Date: 2025-05-02
Form: DRS
Chunk 114
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ii) any matter that was the subject of a disagreement within the meaning of Item 304(a)(1)(iv) of Regulation S-K; or (iii) any “reportable event” within the meaning of Item 304(a)(1)(v) of Regulation S-K.

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<div align='center'>EXECUTIVE AND DIRECTOR COMPENSATION</div>

Executive Compensation

Compensation of Executive Officers

This section discusses the material components of
the executive compensation program in the fiscal year ended December 31, 2024, for our “executive officers.” We have identified
the following individuals as our executive officers according to this definition:

| Name                           |     | Position                                                                |
| Marc Fogassa                   |     | Chairman of the Board of Directors and Chief Executive Officer          |
| Rodrigo Nazareth Menck         |     | Chief Financial Officer and Treasurer                                   |
| Joel de Paiva Monteiro, Esq.   |     | Vice-President of Administration and Operations, Secretary and Director |
| Areli Nogueira da Silva Júnior |     | Vice-President, Mineral Exploration and Director                        |
| Brian W. Bernier               |     | Vice-President, Corporate Development and Investor Relations            |

The primary objectives of our executive compensation
programs are to attract and retain talented executives to effectively manage and lead us. The compensation packages for Atlas Lithium’s
named executive officers generally include a base salary, an annual cash bonus and equity.

Summary Compensation Table

| Name and Principal Position    |     | Year Ended |     | Salary 
 ($)    |         |     | Bonus 
 ($)   |   |     | Option/RSU /Common Stock Awards 
 ($) (1)                         |         |    |     | All Other Compensation ($) |        |    |     | Total 
 ($)   |         |
| Marc Fogassa                   |     | 12/31/2024 |     |        | 145,890 |     |       | - |     |                                 | 572,254 | -2 |     |                            |      - |    |     |       | 718,145 |
| Rodrigo Nazareth Menck         |     | 12/31/2024 |     |        |  60,000 |     |       | - |     |                                 |   1,656 | -6 |     |                            |      - |    |     |       |  61,656 |
| Joel de Paiva Monteiro, Esq.