Company: NOEMW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004368
Chunk: 999

Company: CO2 Energy Transition Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 6
Chunk 999
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 “Code of Ethics”) applicable to our directors, officers and employees. We have incorporated by reference
a copy of our form of our Code of Ethics as an exhibit to this Report. You will be able to review this document by accessing our public
filings at the SEC’s website at www.sec.gov. In addition, a copy of our Code of 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 Ethics in a Current Report
on Form 8-K. 

Conflicts of Interest

Our management team is responsible
for the management of our affairs. As described above and below, each of our officers and directors presently has, and any of them in
the future may have additional, fiduciary, contractual or other obligations or duties to one or more other entities, pursuant to which
such officer or director is or will be required to present a business combination opportunity to such entities. Accordingly, if any of
our officers or directors becomes aware of a business combination opportunity which is suitable for one or more entities to which he
or she has fiduciary, contractual or other obligations or duties, he or she will honor these obligations and duties to present such business
combination opportunity to such entities first, and only present it to us if such entities reject the opportunity and he or she determines
to present the opportunity to us. These conflicts may not be resolved in our favor and a potential target business may be presented to
another entity prior to its presentation to us. In addition to the above, directors also owe a duty of care, which is not fiduciary in
nature. This duty has been defined as a requirement to act as a reasonably diligent person having both the general knowledge, skill and
experience that may reasonably be expected of a person carrying out the same functions as are carried out by that director in relation
to the company and the general knowledge, skill and experience which that director has.

As set out above, directors
have a duty not to put themselves in a position of conflict and this includes a duty not to engage in self-dealing, or to otherwise benefit
as a result of their position. However, in some instances what would otherwise be a breach of this duty can be forgiven and/or authorized
in advance by the stockholders; provided that there is full disclosure by the directors. This can be done by way of permission granted
in the amended and restated certificate of incorporation or alternatively by stockholder approval at