Jackson Acquisition Company announced that David A. Perdue, Jr., Marilyn B. Tavenner and Carlos A. Migoya were appointed as members of the Board of Directors of the Company. The Board has determined that Messrs. Perdue and Migoya and Ms. Tavenner are “independent directors” as defined by the rules of the New York Stock Exchange and applicable U.S. Securities Exchange Commission rules.

Messrs. Perdue and Migoya and Ms. Tavenner will serve on the audit committee of the Board, with Mr. Perdue as its chair. Messrs.

Perdue and Migoya and Ms. Tavenner will serve on the compensation committees of the Board, with Mr. Migoya serving its chair. Messrs. Perdue and Migoya and Ms. Tavenner will serve on the nominating and corporate governance committee of the Board, with Ms. Tavenner as its chair.

Following the appointments of Messrs. Perdue and Migoya and Ms. Tavenner, the Board is comprised of three classes of directors serving staggered terms of three years each. The term of office of the first class of directors, consisting of Mr. Migoya, will expire at the Company's first annual meeting of its stockholders.

The term of office of the second class of directors, consisting of Mr. Perdue and Ms. Tavenner, will expire at the Company's second annual meeting of its stockholders. The term of office of the third class of directors, consisting of Richard L. Jackson and John Ellis “Jeb” Bush, will expire at the Company's third annual meeting of its stockholders. On December 8, 2021, in connection with the effectiveness of the Registration Statement, the Company entered into indemnity agreements with Mr. Jackson, Mr. Bush, Douglas B. Kline, David A. Perdue, Jr., Marilyn B. Tavenner and Carlos A. Migoya that require the Company to indemnify each of them to the fullest extent permitted by applicable law and to advance expenses incurred as a result of any proceeding against them as to which they could be indemnified.