Company: SAC-UN
Filing Date: 2025-08-22
Form Type: DRS
Source: 0002077096-25-000043
Chunk: 209

Company: Safeguard Acquisition Corp.
Filing Date: 2025-08-22
Form: DRS
Chunk 209
---
 we may have in respect thereof), on the one hand, and us, on the other. In addition our amended and restated articles of association will contain provisions to exculpate and indemnify, to the maximum extent permitted by law, such persons in respect of any liability, obligation or duty to the company that may arise as a consequence of such persons becoming aware of any business opportunity or failing to present such business opportunity. As described in more details under “ Proposed Business — Other Considerations and Conflicts of Interest,” although affiliates of our directors and officers or entities, to which they have fiduciary obligations, may pursue a similar target universe to us for acquisition or investment opportunities, we anticipate that the specific companies or assets that we may target will only overlap as appropriate opportunities for such entities and persons due to their investment mandates if such potential targets also desire to enter into other debt or equity transactions with such entities and persons in connection with a going public transaction, which our potential targets may choose to effectuate via a business combination with us or without us via a business combination with a competing special purpose acquisition company or the use of a more traditional initial public offering or direct listing structure. Therefore, we do not expect the fiduciary and contractual duties of our directors, officers, their affiliates and entities, to which they have fiduciary obligations, to materially affect our ability to select an appropriate acquisition target and complete an initial business combination. Below is a table summarizing the entities to which our executive officers and directors currently have fiduciary duties, contractual obligations or other material management relationships:

| INDIVIDUAL       |     | ENTITY                             |     | ENTITY’S BUSINESS     |     | AFFILIATION                      |
| Frank Bachinsky  |     | Avalor Capital Management 1 LLC    |     | Investment Company    |     | Chief Executive Officer          |
|                  |     | Anchor Family Holdings LLC         |     | Consulting Services   |     | Manager                          |
| Mark Gottfredson |     | Bain & Company                     |     | Management Consulting |     | Advisory Partner                 |
|                  |     | Gottfredson Land Development I LLC |     | Asset Management      |     | Member                           |
|                  |     | Gottfredson Land Development LLP   |     | Asset Management      |     | Manager                          |
|                  |     | MNC Capital Partners, L.P.         |     | Asset Management      |     | General Partner, Limited Partner |
|                  |     | Willow Creek Holdings LLC          |     | Asset Management