SEC Filing Document

Company: Jones Ventures INTL Acquisition1 Corp
Ticker: 
CIK: 2129056
Filing Type: S-1
Document Type: EX-99.2
Date Filed: 2026-05-15
Accession Number: 0001213900-26-057072
Exchange: 
SIC Code: 6770
SIC Description: Blank Checks
URL: https://www.sec.gov/Archives/edgar/data/2129056/000121390026057072/ea028579202ex99-2.htm

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Exhibit

CHARTER
OF THE COMPENSATION COMMITTEE

THE BOARD OF DIRECTORS OF

JONES
VENTURES INTL ACQUISITION1 CORP

Adopted

PURPOSE OF THE COMMITTEE

The
purposes of the Compensation Committee (the “Committee”) of the Board of Directors (the “Board”) of Jones Ventures
INTL Acquisition1 Corp (the “Company”) shall be to oversee the Company’s compensation and employee benefit plans and
practices, including its executive compensation plans, and its incentive-compensation and equity-based plans; to review and discuss with
management the Company’s compensation discussion and analysis (“CD&A”) to the extent such is to be included in
the Company’s annual proxy statement or annual report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”);
to prepare any Compensation Committee Report required by the rules of the SEC; and to perform such further functions as may be consistent
with this Charter or assigned by applicable law, the Company’s charter or bylaws or the Board.

COMPOSITION OF THE COMMITTEE

The
Committee shall consist of two or more directors as determined from time to time by the Board, subject to any exceptions or cure periods
that are applicable pursuant to the foregoing requirement, including, without limitation, the exception for controlled companies permitted
under the rules of the Nasdaq Stock Market (the “Nasdaq”). Each member of the Committee shall be qualified to serve on the
Committee pursuant to the requirements of the Nasdaq and any additional requirements that the Board deems appropriate. Members of the
Committee shall also qualify as “non-employee directors” within the meaning of Rule 16b-3 promulgated under the Securities
Exchange Act of 1934, as amended (the “Exchange Act”), and “outside directors” within the meaning of Section
162(m) of the Internal Revenue Code of 1986, as amended. The chairperson of the Committee shall be designated by the Board, provided
that if the Board does not so designate a chairperson, the members of the Committee, by majority vote, may designate a chairperson. Each
Committee member shall have one vote. Any vacancy on the Committee shall be filled by majority vote of the Board. No member of the Committee
shall be removed except by majority vote of the Board.

III.
MEETINGS AND PROCEDURES OF THE COMMITTEE

The
Committee shall meet as often as it determines necessary to carry out its duties and responsibilities, but no less than once annually.
The Committee, in its discretion, may ask members of management or others to attend its meetings (or portions thereof) and to provide
pertinent information as necessary, provided, that the Chief Executive Officer of the Company may not be present during any portion of
a Committee meeting in which deliberation or any vote regarding his or her compensation occurs.

majority of the members of the Committee present in person or by means of a conference telephone or other communications equipment by
means of which all persons participating in the meeting can hear each other shall constitute a quorum.

The
Committee shall maintain minutes of its meetings and records relating to those meetings and shall report regularly to the Board on its
activities, as appropriate.

DUTIES AND RESPONSIBILITIES OF THE COMMITTEE

Executive Compensation

The
Committee shall have the following duties and responsibilities with respect to the Company’s executive compensation plans:

To review at least annually the goals and objectives of the Company’s executive compensation plans, and amend, or recommend that
the Board amend, these goals and objectives if the Committee deems it appropriate.

To review at least annually the Company’s executive compensation plans in light of the Company’s goals and objectives with
respect to such plans, and, if the Committee deems it appropriate, adopt, or recommend to the Board the adoption of, new, or the amendment
of existing, executive compensation plans.

To evaluate annually the performance of the Chief Executive Officer in light of the goals and objectives of the Company’s executive
compensation plans, and, either as a Committee or together with the other independent directors (as directed by the Board), determine
and approve the Chief Executive Officer’s compensation level based on this evaluation. In determining the long-term incentive component
of the Chief Executive Officer’s compensation, the Committee shall consider factors as it determines relevant, which may include,
for example, the Company’s performance and relative shareholder return, the value of similar awards to chief executive officers
of comparable companies, and the awards given to the Chief Executive Officer of the Company in past years. The Committee may discuss
the Chief Executive Officer’s compensation with the Board if it chooses to do so.

To evaluate annually the performance of the other executive officers of the Company in light of the goals and objectives of the Company’s
executive compensation plans, and either as a Committee or together with the other independent directors (as directed by the Board),
determine and approve the compensation of such other executive officers. To the extent that long-term incentive compensation is a component
of such executive officer’s compensation, the Committee shall consider all relevant factors in determining the appropriate level
of such compensation, including the factors applicable with respect to the Chief Executive Officer.

To evaluate annually the appropriate level of compensation for Board and Committee service by non-employee directors.

Review and recommend to the Board the adoption of or changes to the compensation of the Company’s independent directors.

To review and approve any severance or termination arrangements to be made with any executive officer of the Company.

To perform such duties and responsibilities as may be assigned to the Board or the Committee under the terms of any executive compensation
plan.

To consider the results of the most recent shareholder advisory vote on executive compensation as required by Section 14A of the Exchange
Act, and, to the extent the Committee determines it appropriate to do so, take such results into consideration in connection with the
review and approval of executive officer compensation.

To review and discuss with management the Company’s CD&A, and based on that review and discussion, to recommend to the Board
that the CD&A be included in the Company’s annual proxy statement or annual report on Form 10-K.

To review compensation arrangements for the Company’s employees to evaluate whether incentive and other forms of pay encourage
unnecessary or excessive risk taking, and review and discuss, at least annually, the relationship between risk management policies and
practices, corporate strategy and the Company’s compensation arrangements.

To (i) review and make recommendations to the Board with respect to the Company’s “clawback” policy that allows the
Company to recoup incentive compensation received by executive officers, and (ii) review and make recommendations to the Board regarding
“clawbacks” of incentive compensation and determining the extent, if any, to which incentive-based compensation of the relevant
executive officers should be reduced or extinguished.

Review, recommend to the Board, and administer all plans that require “disinterested administration” under Rule 16b-3 under
the Exchange Act.

To prepare any Compensation Committee Report required by the rules and regulations of the SEC for inclusion in the Company’s annual
proxy statement or annual report on Form 10-K.

Retain (at the Company’s expense) outside consultants and obtain assistance from members of management as the Committee deems appropriate
in the exercise of its authority.

To perform such other functions as assigned by law, the Company’s charter or bylaws or the Board.

Make reports and recommendations to the Board within the scope of its functions and advise the officers of the Company regarding various
personnel matters as may be raised with the Committee.

Review and approve all special perquisites, special cash payments and other special compensation and benefit arrangements for the Company’s
executive officers.

Notwithstanding
anything to the contrary in the foregoing, the Committee shall have sole discretion and authority with respect to any action regarding
compensation payable to the Chief Executive Officer or other executive officers of the Company that the Committee intends to constitute
“qualified performance-based compensation” for purposes of section 162(m) of the Internal Revenue Code of 1986, as amended
and the Treasury Regulations promulgated thereunder.

General Compensation and Employee Benefit Plans

The
Committee shall have the following duties and responsibilities with respect to the Company’s general compensation and employee
benefit plans, including incentive-compensation and equity-based plans:

To review at least annually the goals and objectives of the Company’s general compensation plans and other employee benefit plans,
including incentive-compensation and equity-based plans, and amend, or recommend that the Board amend, these goals and objectives if
the Committee deems it appropriate.

To review at least annually the Company’s general compensation plans and other employee benefit plans, including incentive-compensation
and equity-based plans, in light of the goals and objectives of these plans, and recommend that the Board amend these plans if the Committee
deems it appropriate.

To review all equity-compensation plans to be submitted for shareholder approval under the Nasdaq listing standards, and to review and,
in the Committee’s sole discretion, approve all equity-compensation plans that are exempt from such shareholder approval requirement.

Approve all special perquisites, special cash payments and other special compensation and benefit arrangements for the Company’s
employees.