SEC Filing Document

Company: Jones Ventures INTL Acquisition1 Corp
Ticker: 
CIK: 2129056
Filing Type: S-1
Document Type: EX-99.1
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/ea028579202ex99-1.htm

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Exhibit 99.1

CHARTER OF THE AUDIT COMMITTEE

OF THE BOARD OF DIRECTORS OF

JONES VENTURES INTL ACQUISITION1 CORP

Adopted [   ], 2026

1. STATUS

The Audit Committee (the “Committee”) is a committee
of the Board of Directors (the “Board”) of Jones Ventures INTL Acquisition1 Corp (the “Company”).

2. PURPOSE

The Committee is appointed by the Board for the primary purposes of:

●	Performing the Board’s oversight responsibilities as they relate to the Company’s accounting policies and internal controls, financial reporting practices and legal and regulatory compliance, including, among other things:

○	the quality and integrity of the Company’s financial statements;

○	the Company’s compliance with legal and regulatory requirements;

○	review of the independent registered public accounting firm’s qualifications and independence; and

○	the performance of the Company’s internal audit function and the Company’s independent registered public accounting firm

●	Maintaining, through regularly scheduled meetings, a line of communication between the Board and the Company’s financial management, internal auditors and independent registered public accounting firm, including providing such parties with appropriate opportunities to meet separately and privately with the Committee on a periodic basis; and

●	Preparing the report to be included in the Company’s annual proxy statement, as required by the Securities and Exchange Commission’s (“ SEC ”) rules.

3. COMPOSITION AND QUALIFICATIONS

The Committee shall be appointed by the Board and shall be comprised
of three or more Directors (as determined from time to time by the Board), each of whom shall meet the independence requirements of the
Sarbanes-Oxley Act of 2002 (the “Act”), the listing standards of any exchange or national listing market system upon
which the Company’s securities are listed or quoted for trading (including, without limitation, The Nasdaq Stock Market) (the “Principal
Market”) and all other applicable laws, subject to any phase-in periods or cure periods permitted by Rule 10A-3(b)(1)(iv)(A)
under the Exchange Act of 1934, as amended, and other applicable laws (including requirements of the Principal Market).

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 a majority vote, may designate
a chairperson.

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.

Each member of the Committee shall be financially literate and at least
one member of the Committee shall have past employment experience in finance or accounting, requisite professional certification in accounting
or any other comparable experience or background which results in the individual’s financial sophistication, including being or
having been a chief executive officer, chief financial officer or other senior officer with financial oversight responsibilities, as each
such qualification is interpreted by the Board in its business judgment. In addition, at least one member of the Committee shall be an
“audit committee financial expert” as such term is defined by the SEC pursuant to the Sarbanes-Oxley Act of 2002 (“SOX”).

4. MEETINGS OF THE COMMITTEE

The Committee shall meet as often as it determines necessary to carry
out its duties and responsibilities, but no less frequently than once every fiscal quarter. 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. A 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.

5. RESPONSIBILITIES

In carrying out its duties and responsibilities, the Committee’s
policies and procedures should remain flexible, so that it may be in a position to best address, react or respond to changing circumstances
or conditions. The following duties and responsibilities are within the authority of the Committee and the Committee shall, consistent
with and subject to applicable law and rules and regulations promulgated by the SEC, the Principal Market, or any other applicable regulatory
authority.

The Committee will:

A.	Review and discuss with the independent registered public accounting firm their annual audit plan, including the timing and scope of audit activities, and monitor such plan’s progress and results during the year.

B.	Review and discuss the annual audited financial statements and the Company’s disclosures under “Management’s Discussion and Analysis of Financial Condition and Results of Operations” with management and the independent registered public accounting firm. In connection with such review, the Committee will:

●	Discuss with the independent registered public accounting firm the matters required to be discussed by Statement on Auditing Standards No. 61 (as may be modified or supplemented) and the matters in the written disclosures required by the applicable requirements of the Public Company Accounting Oversight Board regarding the independent accountant’s communications with the audit committee concerning independence;

●	Review significant changes in accounting or auditing policies;

●	Review with the independent registered public accounting firm any problems or difficulties encountered in the course of their audit, including any change in the scope of the planned audit work and any restrictions placed on the scope of such work and management’s response to such problems or difficulties;

●	Review with the independent registered public accounting firm, management and the senior internal auditing executive the adequacy of the Company’s internal controls, and any significant findings and recommendations with respect to such controls;

●	Review reports required to be submitted by the independent registered public accounting firm concerning: (i) all critical accounting policies and practices used; (ii) all alternative treatments of financial information within generally accepted accounting principles (“GAAP”) that have been discussed with management, the ramifications of such alternatives, and the accounting treatment preferred by the independent registered public accounting firm; (iii) any other material written communications with management and (iv) any material financial arrangements of the Company which do not appear on the financial statements of the Company;

●	Review (i) major issues regarding accounting principles and financial statement presentations, including any significant changes in the Company’s selection or application of accounting principles, and major issues as to the adequacy of the Company’s internal controls and any special audit steps adopted in light of material control deficiencies; and (ii) analyses prepared by management and/or the independent registered public accounting firm setting forth significant financial reporting issues and judgments made in connection with the preparation of the financial statements, including analysis of the effects of alternative GAAP methods on the financial statements and the effects of regulatory and accounting initiatives, as well as off-balance sheet structures, on the financial statements of the Company; and

●	Discuss policies and procedures concerning earnings press releases and review the type and presentation of information to be included in earnings press releases (paying particular attention to any use of “pro forma” or “adjusted” non-GAAP information), as well as financial information and earnings guidance provided to analysts and rating agencies.

C.	Review and discuss the quarterly financial statements and the Company’s disclosures provided in periodic quarterly reports including “Management’s Discussion and Analysis of Financial Condition and Results of Operations” with management, the senior internal auditing executive and the independent registered public accounting firm.

D.	Oversee the external audit coverage. The Company’s independent registered public accounting firm are ultimately accountable to the Committee, which has the direct authority and responsibility to appoint, retain, compensate, terminate, select, evaluate and, where appropriate, replace the independent registered public accounting firm. In connection with its oversight of the external audit coverage, the Committee will have authority to:

●	Appoint and replace (subject to shareholder approval, if deemed advisable by the Board) the independent registered public accounting firm;

●	Approve the engagement letter and the fees to be paid to the independent registered public accounting firm;

●	Pre-approve all audit and non-audit services to be performed by the independent registered public accounting firm and the related fees for such services other than prohibited nonauditing services as promulgated under rules and regulations of the SEC (subject to the inadvertent de minimus exceptions set forth in the Act and the SEC rules), and establishing pre-approval policies and procedures;

●	Monitor and obtain confirmation and assurance as to the independent registered public accounting firm’s independence, including ensuring that they submit on a periodic basis (not less than annually) to the Committee a formal written statement delineating all relationships between the independent registered public accounting firm and the Company. The Committee is responsible for actively engaging in a dialogue with the independent registered public accounting firm with respect to any disclosed relationships or services that may impact the objectivity and independence of the independent registered public accounting firm and for taking appropriate action in response to the independent registered public accounting firm’s report to satisfy itself of their independence;