Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 359

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 359
---
program at Columbia Business School. We believe Mr. Alam’s qualifications to serve on our board of directors include his extensive experience in legal and governance matters, particularly with technology companies as part of the broader
artificial intelligence ecosystem.

Nasdaq Requirements

Although our securities are not currently traded on the Nasdaq, we have elected to comply with all Nasdaq corporate governance requirements, as
if our securities were listed for trading on Nasdaq.

Number, Terms of Office and Appointment of Directors and Officers

The CSLM Board consists of five members. Each of our directors has a two-year term. Subject to any
other special rights applicable to the shareholders, any vacancies on our board of directors may be filled by the affirmative vote of a majority of the directors present and voting at the meeting of our board of directors or by a majority of the
holders of our ordinary shares (or, prior to our initial business combination, holders of our founder shares).

In accordance with Nasdaq
corporate governance requirements, we are not required to hold an annual general meeting until one year after our first fiscal year end following our listing on Nasdaq.

Our officers are appointed by the CSLM Board and serve at the discretion of the CSLM Board, rather than for specific terms of office. The CSLM
Board is authorized to appoint officers as it deems appropriate pursuant to the Current Charter.

Director Independence

Nasdaq listing standards require that a majority of our board of directors be independent within one year of our initial public offering. An
“independent director” is defined generally as a person other than an officer or employee of the company or its subsidiaries or any other individual having a relationship which in the opinion of the company’s board of directors, would
interfere with the director’s exercise of independent judgment in carrying out the responsibilities of a director. Upon the effectiveness of the registration statement of which this prospectus forms a part, we expect to have three
“independent directors” as defined in the Nasdaq listing standards and applicable SEC rules prior to completion of this offering. Our board has determined that each of Irakli Gilauri, Peter Tropper and Salman Alam is an independent
director under applicable SEC rules and the Nasdaq listing standards.

Executive Officer and Director Compensation

None of our directors or officers have received any cash compensation for services rendered to us. Commencing on the date that our securities
are first listed on Nasdaq through the earlier of consummation of our initial business combination and our liquidation, we will pay our sponsor