Company: NKLR
Filing Date: 2025-11-10
Form Type: S-1
Source: 0001213900-25-108246
Chunk: 283

Company: Terra Innovatum Global N.V.
Filing Date: 2025-11-10
Form: S-1
Chunk 283
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parties. The consulting services are unrelated to the core business of the Company and are included in the statement of operations under
other income — related party.

During the year ended December 31, 2024, the
Company entered into an interest-free loan agreement (the “2024 Loan Agreement”) with its quotaholders for approximately $216,212,
which was provided in full by March 31, 2025. The loan is scheduled to mature on December 31, 2040, with automatic annual extensions
permitted until December 31, 2045, unless repayment is requested by the quotaholders.

On March 21, 2025, the Company entered into
a second interest-free loan agreement (the “2025 Loan Agreement”) with its quotaholders. The total loan amount of $220,749
is to be provided in cash installments by April 10, 2025, and matures on December 31, 2040. The maturity is subject to annual
extensions until December 31, 2024, unless repayment is requested by the quotaholders.

As of June 30, 2025 and December 31, 2024,
quotaholders advanced a total of $326,307 and $106,780, respectively, related to the 2024 and 2025 Loan Agreements.

Lease Agreement

On April 1, 2025, the Company entered into
a lease agreement with Nine Nuclear and Industrial Engineering S.R.L. (“Nine”), a related party, to sublease three office
rooms from a property unit located in Lucca, Sorbano del Giudice, Via della Chiesa XXXII n. 759. The three office rooms will be used
exclusively for professional office purposes and related activities. The term of the lease agreement is 24 months starting from April 1,
2025 and ending on March 31, 2027. Each party may withdraw from the lease agreement at any time before the expiration date of the
contract. The rent is $12,305 (€11,400 Euros) per annum, $1,025 (€950 Euros) per month plus $54 (€50 Euros) monthly as a flat-rate reimbursement for utilities and cleaning costs
(the “Lease Fee”), with the total monthly amount to be paid no later than the 10 of each month. The Lease Fee
will be updated annually by 75% of the variation in the official