Company: PAII-WT
Filing Date: 2025-05-29
Form Type: DRS
Source: 0001213900-25-049013
Chunk: 249

Company: Pyrophyte Acquisition Corp. II
Filing Date: 2025-05-29
Form: DRS
Chunk 249
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uciary or contractual obligations, he or she will honor his or her fiduciary or contractual obligations to present such business combination opportunity to such other entity, subject to their fiduciary duties under Cayman Islands law. Our amended and restated memorandum and articles of association provide that, to the fullest extent permitted by law: (i) no individual serving as a director or an officer, among other persons, shall have any duty, except and to the extent expressly assumed by contract, to refrain from engaging directly or indirectly in the same or similar business activities or lines of business as us, and (ii) we renounce any interest or expectancy in, or in being offered an opportunity to participate in, any potential transaction or matter which (a) may be a corporate opportunity for any director or officer, on the one hand, and us, on the other or (b) the presentation of which would breach an existing legal obligation of a director or officer to any other entity. Below is a table summarizing the entities to which our officers and directors currently have fiduciary duties or contractual obligations:

| Individual(1) | Entity | Entity’s Business | Affiliation |
| [to come.]    |        |                   |             |

____________ (1)Each individual listed has a fiduciary duty with respect to each of the listed entities opposite from his/her name.

| 175 |

| Management |

In addition, our sponsor and our officers and directors may sponsor or form other special purpose acquisition companies similar to ours or may pursue other business or investment ventures during the period in which we are seeking an initial business combination. As a result, our sponsor, officers and directors could have conflicts of interest in determining whether to present business combination opportunities to us or to any other special purpose acquisition company with which they may become involved. Any such companies, businesses or investments may present additional conflicts of interest in pursuing an initial business combination target. In particular, Messrs. Duroc -Dannerand Gustafson also serve as Chief Executive Officer and Chief Financial Officer, respectively, of Pyrophyte I, a special purpose acquisition company that consummated its initial public offering in October 2021. Pyrophyte I is currently in the process of consummating its initial business combination with Sio Silica Corporation. Like us, Pyrophyte I may pursue initial business combination targets in any businesses or industries. Any such companies, businesses or investments may present additional conflicts of interest in pursuing an initial business combination. However, because Pyrophyte I is currently