Company: NKLR
Filing Date: 2025-12-16
Form Type: 424B3
Source: 0001213900-25-121900
Chunk: 137

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-16
Form: 424B3
Chunk 137
---
 received a one-time payment in the amount of €31,156. Mr. Frepoli is entitled to reimbursement of reasonable
expenses of up to $75,000 on an annual basis.

Pursuant to the terms of
the Directorship Agreement, Mr. Marco Cherubini will serve in the role of Chief Technology Officer. From April 5, 2025 to June 30,
2025, the monthly gross compensation was €15,578. Commencing on July 1, 2025, monthly gross compensation increased to €19,472.
Mr. Cherubini also received a one-time payment in the amount of €31,156. Mr. Cherubini is entitled to reimbursement of
reasonable expenses of up to $75,000 on an annual basis.

<div align='center'>83

MANAGEMENT</div>

The following information
concerning the management of Terra is based on the provisions of Terra’s Articles of Association, the Terra board regulations and
the Terra committee charters which are expected to be in effect in such form ultimately as of the time of Closing. The Terra’s
Articles of Association may be changed at any time prior to or after the consummation of the Business Combination in accordance with
their terms. If the Terra Articles of Association are amended, the below summary may cease to accurately reflect the Terra Articles of
Association as so amended.

References in this section
to “we,” “our,” “us” and “New TopCo” generally refer to New TopCo, prior to the Conversion,
and “we,” “our,” “us” and “Terra” to Terra after Conversion, unless the context requires
otherwise.

Directors and Executive Officers

The Terra board of directors
is composed of nine members, including the following initial directors:

| ● | 4                              
 Terra executive directors; and |

| ● | 4                              
 Terra non-executive directors. |

The following table sets
forth certain information relating to the persons who serve as executive officers and directors of Terra.

| Name       |     | Age |     | Title                                                                                  |
| Alessandro 
 Petruzzi   |     |  50 |     | Chief                                                                                  
 Executive Officer and Executive Director                                               |
| Cesare     
 Frepoli    |     |  60 |     | Chief                                                                                  
 Operating Officer, Director of Licensing and Regulatory Affairs and Executive Director |
| Marco      
 Cherubini  |     |  52 |     | Chief                                                                                  
 Technology Officer and Product Director