Company: NKLR
Filing Date: 2025-09-11
Form Type: S-4/A
Source: 0001213900-25-086741
Chunk: 712

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-11
Form: S-4/A
Chunk 712
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 The Executive Directors shall not participate in the deliberations and decision -makingregarding the determination of the remuneration of the Executive Directors. The remuneration of the Non -ExecutiveDirectors shall be determined by the Board with observance of the remuneration policy adopted by the General Meeting. A proposal with respect to remuneration schemes in the form of Shares or rights to subscribe for Shares shall be submitted by the Board to the General Meeting for its approval. Such proposal shall state at least the maximum number of Shares or rights to subscribe for Shares that may be granted to Directors and the criteria for making or amending such grants. Board: tasks and duties The Board shall be entrusted with the management of the Company and shall for such purpose have all the powers within the limits of the law that are not granted by these Articles of Association to others. In the performance of their tasks, the Directors shall be guided by the interests of the Company and the enterprise connected with it. The Executive Directors are primarily responsible for all day -to-dayoperations of the Company. The Non -ExecutiveDirectors supervise (i) the Executive Directors’ policy and performance of duties and (ii) the Company’s general affairs and its business, and render advice and direction to the Executive Directors. The Executive Directors shall timely provide the Non -ExecutiveDirectors with the information they need to carry out their duties. The Directors furthermore perform any duties allocated to them under or pursuant to the law or these Articles of Association. With due observance of these Articles of Association, the Board shall adopt Board Regulations dealing with its internal organization, the manner in which decisions are taken, any quorum requirements, the composition, duties and organization of committees and any other matters concerning the Board, the Executive Directors, the Non -ExecutiveDirectors and committees established by the Board. The Board may allocate its duties and powers among the Directors pursuant to the Board Regulations or otherwise in writing, provided that the following duties and powers may not be allocated to the Executive Directors: (a)supervising the performance of the Executive Directors; (b)making a nomination for the appointment of Directors; Annex F-8 (c)determining an Executive Director’s remuneration; and (d)instructing an auditor to audit the Annual Accounts. Without prejudice to any other provisions of these Articles of Association, the Board shall require the approval of the General Meeting for resolutions regarding a significant change in the identity or nature of the Company or the enterprise connected with it, including in any event: (a)