Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 211

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 211
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 paid in connection with providing such waiver. The prospectus for CSLM’s IPO states that CSLM intended to use the following general criteria and guidelines to evaluate potential acquisition opportunities:

| • |     | Operations in the new economy sectors across our target markets. We believe that disruptive new economy                                                                                                                              
 companies benefit from highly favorable macroeconomic trends in our target markets. These trends are in their infancy, and we believe they have headroom for expansion and growth which makes investing in these sectors attractive. |

| • |     | Established business models. Most of our target businesses will have models that we believe are well                                                                                                                                                   
 established in their home and core markets with relevant localization by market and established paths to profitable growth. In addition, we will seek a business that we believe has a sustainable competitive advantage as a result of differentiated 
 de-risked business model, strong technology component, brand recognition and marketing capabilities or any other characteristics that are difficult to replicate.                                                                                      |

| • |     | Sector leading KPIs and unit economics. We will seek to merge with a company with critical mass that                                                                                                                      
 enjoys sustainable unit economics in its sector. We believe that healthy growth must be supported by strong sector KPIs steering the company in the right direction to drive profitability and free cash flow generation. |

| • |     | Scalability. We seek to invest in a business with a scalable platform and operations to take advantage                                                                                         
 of growth opportunities, including through geographical expansion and synergistic acquisitions. We intend to leverage our experience in scaling businesses in order to help accelerate growth. |

| • |     | Underpenetrated and growing total addressable market. Based on our prior research and personal          
 experience, we believe frontier growth markets present a significant opportunity to invest in companies |

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| which serve an underpenetrated total addressable market. These countries hold significant potential due to their geographical size, favorable population trends and the emergence of a middle-class 
 in certain countries.                                                                                                                                                                               |

| • |     | Strong management team and culture. We will look to partner with a passionate, experienced management                                                      
 team that is capable of scaling a business. We will also evaluate ways to support the team in its transition to becoming a U.S.-listed company and beyond. |

| • |     | Market leadership. We will seek to combine with a company with a leading position in its geography,                                                                               
 market share, volume, technology, product capabilities, or other attributes across an industry or segment, significant barriers to entry and a sustainable competitive advantage