Company: CSTAF
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001213900-25-027555
Chunk: 1497

Company: Constellation Acquisition Corp I
Filing Date: 2025-04-02
Form: 10-K
Item: Item 9A
Chunk 1497
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 provide that the compensation committee may,
in its sole discretion, retain or obtain the advice of a compensation consultant, legal counsel or other adviser and will be directly
responsible for the appointment, compensation and oversight of the work of any such adviser. However, before engaging or receiving advice
from a compensation consultant, external legal counsel or any other adviser, the compensation committee will consider the independence
of each such adviser, including the factors required by the OTC and the SEC.

Compensation Committee Interlocks and Insider Participation

None of our executive officers currently serves, and in the past year
has not served, as a member of the compensation committee of any entity that has one or more executive officers serving on our board of
directors.

Section 16(a) Beneficial Ownership Reporting Compliance

Section 16(a) of the Exchange Act requires our officers, directors
and persons who beneficially own more than ten percent of our ordinary shares to file reports of ownership and changes in ownership with
the SEC. These reporting persons are also required to furnish us with copies of all Section 16(a) forms they file. Based solely upon a
review of such forms, we believe that during the years ending December 31, 2024 and 2023, there were no delinquent filers.

Clawback Policy

Our board of directors has adopted a Clawback Policy (the “Clawback
Policy”) designed to comply with Section 10D of the Exchange Act, the rules promulgated thereunder, and the listing standards of
OTCQX® Best Market and OTCQB® Venture Market. The Clawback Policy is also filed as an exhibit to this Annual Report. The Company
believes that it is in the best interests of the Company and its shareholders to create and maintain a culture that emphasizes integrity
and accountability and that reinforces the Company’s pay-for-performance compensation philosophy. The Company’s board of
directors therefore adopted the Clawback Policy, which provides for the recoupment of certain executive compensation in the event that
the Company is required to prepare an accounting restatement of its financial statements due to material noncompliance with any financial
reporting requirement under the federal securities laws. The Clawback Policy is administered by the Company’s compensation committee.
Any determinations made by the compensation committee are final and binding on all affected individuals. The Clawback Policy applies
to the Company’s current and former executive officers (as determined by the compensation committee in accordance with Section
10D of the Exchange Act