Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 452

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 452
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uted basis.

On February 12, 2025, Fusemachines and Mr. Maskey entered into amendments to each of the “2024 Related Party Promissory Notes”,
extending the Maturity Date (as defined in the “2024 Related Party Promissory Notes”), to the earlier of (a) an Event of Default (as defined in the “2024 Related Party Promissory Notes”) or (b) December 31, 2025.

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COMPARISON OF CORPORATE GOVERNANCE AND SHAREHOLDER RIGHTS CSLM is an exempted company incorporated under the Companies Act. The Companies Act and the Current Charter govern the rights of its shareholders. The Companies Act differs in some material respects from laws generally applicable to United States corporations and their stockholders. In addition, the Current Charter will differ in certain material respects from the Proposed Organizational Documents. As a result, when you become a stockholder of Pubco, your rights will differ in some regards as compared to when you were a shareholder of CSLM. Below is a summary chart outlining important similarities and differences in the corporate governance and stockholder/shareholder rights associated with each of CSLM and Pubco according to applicable law or the organizational documents of CSLM and Pubco. This summary is qualified by reference to the complete text of the Current Charter of CSLM, attached to this proxy statement/prospectus as Annex G, the complete text of the Proposed Charter, a copy of which is attached to this proxy statement/prospectus as Annex B-1,and the complete text of the Proposed Bylaws, a copy of which is attached to this proxy statement/prospectus as Annex B-2. You should review each of the Proposed Organizational Documents, as well as the Delaware corporate law and corporate laws of the Cayman Islands, including the Companies Act, to understand how these laws apply to Pubco and CSLM, respectively.

| Provision                                                 |     | Delaware                                                                                                                                |     | Cayman Islands                                                                                                                             |
| Applicable Legislation                                    |     | General Corporation Law of the State of Delaware                                                                                        |     | The Companies Act (As Revised) of the Cayman Islands                                                                                       |
| Stockholder/Shareholder Approval of Business Combinations |     | Mergers generally require approval of a majority of all outstanding shares.                                                             
 Mergers in which less than 20% of the acquirer’s stock                                                                                  
 is issued generally do not require acquirer stockholder approval.                                                                       
 Mergers in which one corporation owns