Company: TLGYF
Filing Date: 2025-03-26
Form Type: PRE 14A
Source: 0001104659-25-028287
Chunk: 47

Company: TLGY ACQUISITION CORP
Filing Date: 2025-03-26
Form: PRE 14A
Chunk 47
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 PROPOSAL

### Overview
The Company is proposing to amend its Charter to (i) eliminate the limitation that the Company may not redeem public shares in an amount that would cause the Company’s net tangible assets to be less than $5,000,001 following such redemption and (ii) eliminate the limitation that the Company shall not consummate a business combination if it would cause the Company’s net tangible assets to be less than $5,000,001.

A copy of the proposed amendments to the Charter is attached to this Proxy Statement in Annex A .

Consequences if the Redemption Limitation Amendment Proposal is Not Approved

Our Board believes the opportunity to consummate a business combination is in the best interests of the Company and its shareholders.

If the Redemption Limitation Amendment Proposal is not approved and there are significant requests for redemption such (i) that those redemptions would cause the Company’s net tangible assets to be less than $5,000,001 following such redemption or (ii) that the Company’s net tangible assets would be less than $5,000,001 upon the consummation of a business combination, the Charter would prevent the Company from being able to complete those redemptions or consummate an initial business combination even if all other conditions to closing are met.

#### Vote Required for Approval
Approval of the Redemption Limitation Amendment Proposal requires the affirmative vote by special resolution of the holders of a majority of at least two-thirds of our ordinary shares who attend and vote at the Extraordinary General Meeting, including the Founder Shares.

The Redemption Limitation Amendment Proposal is cross-conditioned on the approval of the Extension Proposal. Accordingly, even if the Redemption Limitation Amendment Proposal is approved, the Redemption Limitation Amendment will not be implemented if the Extension Proposal is not approved.

Notwithstanding shareholder approval of the Redemption Limitation Amendment Proposal, our Board will retain the right to not implement the Redemption Limitation Amendment and the other Charter Amendments at any time without any further action by our shareholders.

#### Recommendation of the Board
<div align='center'>OUR BOARD UNANIMOUSLY RECOMMENDS THAT OUR SHAREHOLDERS VOTE “FOR” THE APPROVAL OF THE REDEMPTION LIMITATION AMENDMENT PROPOSAL.

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### THE FOUNDER SHARE AMENDMENT PROPOSAL

### Overview
The Company is proposing to amend its Charter to allow the Company to provide for the right of a holder of the Company’s Class B ordinary shares to convert into Class A ordinary shares on a one-for-one basis at