Company: NKLR
Filing Date: 2025-09-11
Form Type: S-4/A
Source: 0001213900-25-086741
Chunk: 403

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-11
Form: S-4/A
Chunk 403
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 profits remaining after the reservation referred to in the previous sentence by the PubCo board of directors, will first be applied to allocate and add to the special dividend reserve for PubCo Preferred Shares an amount equal to 1% of the aggregate nominal value of all issued and outstanding PubCo Preferred Shares. The profits remaining after application of the preceding sentences will be at the disposal of the PubCo general meeting, which may resolve to add the remaining profits to the reserves or distribute them to the holders of PubCo Ordinary Shares. Distributions of dividends will be made to PubCo’s shareholders in proportion to the nominal value of their PubCo Ordinary Shares. Subject to Dutch law and the PubCo Articles of Association, the PubCo board of directors or the PubCo general meeting at the proposal of the PubCo board of directors will be allowed to resolve upon interim distributions on PubCo Ordinary Shares. For this purpose, the PubCo board of directors must prepare an interim statement of assets and liabilities. Such interim statement shall show PubCo’s financial position not earlier than on the first day of the third month before the month in which the resolution to make the interim distribution is announced. An interim dividend can only be paid if (i) an interim statement of assets and liabilities is drawn up showing that the funds available for distribution are sufficient, and (ii) PubCo ’s shareholders’ equity exceeds the sum of the paid -upand called -upshare capital any reserves to be maintained by Dutch law or the PubCo Articles of Association. Interim distributions will be made in cash, in kind or in the form of PubCo Ordinary Shares. 212 Holders of PubCo Preferred Shares will not receive any dividends in respect of the PubCo Preferred Shares; however, PubCo will maintain a separate dividend reserve for PubCo Preferred Shares for the sole purpose of the allocation of the mandatory minimal profits that accrue to the PubCo Preferred Shares. Any distribution out of a preferred shares dividend reserve or the partial or full release of any such reserve will require a prior proposal from the PubCo board of directors and a resolution of the meeting of holders of PubCo Preferred Shares, and will be made exclusively to the holders PubCo Preferred Shares in proportion to the aggregate nominal value of such PubCo Preferred Shares. Distributions will be payable on the day determined by the PubCo board of directors. Distributions will lapse if the distributions are not claimed within five years and one day following the date when they became payable. Board of Directors PubCo Board of Directors Composition Pursuant to the PubCo