Company: NKLR
Filing Date: 2025-09-16
Form Type: 424B3
Source: 0001213900-25-087981
Chunk: 362

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-16
Form: 424B3
Chunk 362
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 sheet and explanatory notes) on the basis of acquisition and production prices exceeds EUR 25mio, (b) the net turnover for the financial year exceeds EUR 50mio and (c) the average number of employees is 250 or more. The Nominating and Corporate Governance Committeeof the PubCo board of directors will prepare policies regarding director qualification requirements (including a diversity policy) and the process for identifying and evaluating director candidates for adoption by PubCo’s board of directors. 188 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 responsibilities 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 at least three directors who will be appointed prior to the consummation of the Business Combination, 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. We will nominate one of the non -executiveindependent directors to serve as chairperson of the Audit Committee, who will also qualify 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,