Company: QSEA
Filing Date: 2025-03-11
Form Type: S-1/A
Source: 0001829126-25-001676
Chunk: 210

Company: Quartzsea Acquisition Corp
Filing Date: 2025-03-11
Form: S-1/A
Chunk 210
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 event of delay or failure on the part of the
subscriber in producing any information required for identification and verification purposes, we may refuse to accept the application,
in which case any funds received will be returned without interest to the account from which they were originally debited.

We also reserve the right to refuse to make any payment
to a shareholder if our directors or officers suspect or are advised that the payment to such shareholder might result in a breach of
applicable anti-money laundering or other laws or regulations by any person in any relevant jurisdiction, or if such refusal is considered
necessary or appropriate to ensure our compliance with any such laws or regulations in any applicable jurisdiction.

If any person resident in the Cayman Islands knows
or suspects or has reasonable grounds for knowing or suspecting that another person is engaged in criminal conduct or money laundering
or is involved with terrorism or terrorist financing and property and the information for that knowledge or suspicion came to their attention
in the course of business in the regulated sector, or other trade, profession, business or employment, the person will be required to
report such knowledge or suspicion to (i) the Financial Reporting Authority of the Cayman Islands, pursuant to the Proceeds of Crime
Act (Revised) of the Cayman Islands if the disclosure relates to criminal conduct or money laundering, or (ii) a police officer of the
rank of constable or higher, or the Financial Reporting Authority, pursuant to the Terrorism Act (Revised) of the Cayman Islands, if
the disclosure relates to involvement with terrorism or terrorist financing and property. Such a report will not be treated as a breach
of confidence or of any restriction upon the disclosure of information imposed by any enactment or otherwise.

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Cayman Islands Data Protection

We have certain duties under the Data Protection
Act (Revised) of the Cayman Islands, as amended from time to time and any regulations, codes of practice or orders promulgated pursuant
thereto (the “DPA”).

Privacy Notice

Introduction

The company is committed to processing personal data
in accordance with the DPA. In its use of personal data, the company will be characterized under the DPA as a ‘data controller’,
whilst certain of the company’s service providers, affiliates and delegates may act as ‘data processors’ under the
DPA. These service providers may process personal information for their own lawful purposes in connection with services provided to the
company.

This privacy notice puts our shareholders on notice