Company: NKLR
Filing Date: 2025-07-15
Form Type: S-4/A
Source: 0001213900-25-063846
Chunk: 348

Company: Terra Innovatum Global N.V.
Filing Date: 2025-07-15
Form: S-4/A
Chunk 348
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’s board of directors. Board Regulations The PubCo board of directors shall adopt written rules and regulations dealing with, inter alia, its internal organization, the manner in which decisions are taken, any quorum requirements, the composition, duties and organization of its committees and any other matters concerning the PubCo board of directors, the executive directors, the non -executivedirectors and committees established by the PubCo board of directors. Committees of the Board of Directors The standing committees of PubCo’s Board of Directors will consist of an audit committee (the “ Audit Committee”), a compensation committee (the “ Compensation Committee”), and a nominating and corporate governance committee (the “ Nominating and Corporate Governance Committee”). The responsbilities and expected composition of each committee following the Business Combination are set forth below. Audit Committee Our Audit Committee has been established in accordance with Section 3(a)(58)(A) of the Exchange Act and following the Business Combination will consist of _________________, ______________, and _________, each of whom is a non -executivedirector of PubCo’s board of directors and an independent director as well as “financially literate” as defined under the Nasdaq listing standards. ___________, will serve as chairperson of the Audit Committee. Our board of directors has determined that ____________, qualifies as an “audit committee financial expert,” as defined under rules and regulations of the SEC. The purpose of the Audit Committee will be to prepare the audit committee report required by the SEC to be included in PubCo’s proxy statement and to assist the PubCo board of directors to (A) oversee: (i) accounting and financial reporting processes and the audits of the financial statements of PubCo; (ii) the integrity of PubCo’s financial statements; (iii) PubCo’s processes relating to risk management and the conduct and systems of internal control over financial reporting and disclosure controls and procedures; (iv) the qualifications, engagement, compensation, independence and performance of PubCo’s independent auditor, and the auditor’s conduct of the annual audit of the PubCo’s financial statements and any other services provided to PubCo; and (v) the performance of PubCo’s internal audit function, if any; and (B) produce the annual report of the Audit Committee required by the rules of the SEC. The PubCo board of directors will operate pursuant to a written charter for the Audit Committee which will be available on PubCo’s website upon the completion of the Business Combination. Compensation Committee Following the Business Combination, our