Company: COPL-UN
Filing Date: 2025-04-23
Form Type: S-1/A
Source: 0001829126-25-002866
Chunk: 259

Company: Copley Acquisition Corp
Filing Date: 2025-04-23
Form: S-1/A
Chunk 259
---
 | reviewing on a regular basis our overall corporate governance and recommending improvements as and when necessary. |

The charter will also provide that the nominating and corporate governance committee may, in its sole discretion, retain or obtain the advice of, and terminate, any search firm to be used to identify director candidates, and will be directly responsible for approving the search firm’s fees and other retention terms.

We have not formally established any specific, minimum qualifications that must be met or skills that are necessary for directors to possess. In general, in identifying and evaluating nominees for director, our board of directors considers educational background, diversity of professional experience, knowledge of our business, integrity, professional reputation, independence, wisdom, and the ability to represent the best interests of our shareholders. Prior to our initial business combination, holders of our public shares will not have the right to recommend director candidates for nomination to our board of directors.

Compensation Committee Interlocks and Insider Participation

None of our officers currently serve, or in the past year have served, (i) as a member of the compensation committee or board of directors of another entity, one of whose executive officers served on our compensation committee, or (ii) as a member of the compensation committee of another entity, one of whose executive officers served on our board of directors.

Code of Business Conduct and Ethics

Prior to the effectiveness of the registration statement of which this prospectus is a part, we will adopt a Code of Business Conduct and Ethics applicable to our directors and officers. We will file a copy of our form of Code of Business Conduct and Ethics as an exhibit to the registration statement. In addition, a copy of the Code of Business Conduct and Ethics will be provided without charge upon request from us. We intend to disclose any amendments to or waivers of certain provisions of our Code of Business Conduct and Ethics in a Current Report on Form 8-K. See “Where You Can Find Additional Information.”

<div align='center'>164</div>

Conflicts of Interest

Under Cayman Islands law, directors and officers owe the following fiduciary duties:

| ● | duty to act in good faith in what the director or officer believes to be in the best interests of the company as a whole; |

| ● | duty to exercise powers for the purposes for which those powers were conferred and not for a collateral purpose; |

| ● | duty to not improperly fetter the exercise of future discretion; |

| ● | duty to exercise powers fairly as between different sections of shareholders; |

| ● | duty not to put themselves in