Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 435

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 435
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spectus. Each proposed member of the audit committee qualifies as
an independent director under the Nasdaq corporate governance standards and the independence requirements of Rule 10A-3 under the Exchange Act. Following the Business Combination, the Pubco Board
will determine which member of its audit committee qualifies as an “audit committee financial expert” as such term is defined in Item 407(d)(5) of Regulation S-K and possesses
financial sophistication, as defined under the rules of the Nasdaq.

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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 in overseeing and monitoring (1) the quality and integrity of the financial statements, (2) compliance with legal and regulatory requirements,
(3) Pubco’s independent registered public accounting firm’s qualifications and independence, (4) the performance of Pubco’s internal audit function and (5) the performance of Pubco’s independent registered public
accounting firm.

The Pubco Board will adopt a written charter for the audit committee which will be available on Pubco’s website
upon the completion of the Business Combination.

Compensation Committee

Upon the completion of the Business Combination, Pubco is expected to have a compensation committee, with the members of the compensation
committee to be determined prior to the effectiveness of this proxy statement/prospectus.

The purpose of the compensation committee is to
assist the Pubco Board in discharging its responsibilities relating to (1) setting Pubco’s compensation program and compensation of its executive officers and directors, (2) monitoring Pubco’s incentive and equity-based
compensation plans and (3) preparing the compensation committee report required to be included in Pubco’s proxy statement under the rules and regulations of the SEC.

The Pubco Board will adopt a written charter for the compensation committee which will be available on Pubco’s website upon the
completion of the Business Combination.

Nominating and Corporate Governance Committee

Upon the completion of the Business Combination, Pubco will have a nominating and corporate governance committee, with the members of the
compensation committee to be determined prior to the effectiveness of this proxy statement/prospectus.

The purpose of the nominating and
corporate governance committee will be to assist the Pubco Board in discharging its responsibilities relating to (1) identifying individuals qualified to become Pubco Board members, consistent with criteria approved by the board of directors,
(2) reviewing the qualifications of incumbent directors to determine whether to