Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 271

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 271
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-2. All stockholders are encouraged to read the Proposed Organizational Documents in their entirety for a more complete description of their terms.

Reasons for Amendment

The CSLM
Board believes that prohibiting stockholder action by written consent is a prudent corporate governance measure to reduce the possibility that a block of stockholders could take corporate actions without the benefit of a stockholder meeting to
consider important corporate issues.

The elimination of the stockholders’ ability to act by written consent may have certain
anti-takeover effects by forcing a potential acquirer to take control of the Pubco Board only at a duly called special or annual meeting. However, this proposal is not in response to any effort of which CSLM is aware to obtain control of Pubco, and
CSLM and its management do not presently intend to propose other anti-takeover measures in future proxy solicitations. Further, the CSLM Board does not believe that the effects of the elimination of stockholder action by written consent will create
a significant impediment to a tender offer or other effort to take control of Pubco. Inclusion of these provisions in the Proposed Organizational Documents might also increase the likelihood that a potential acquirer would negotiate the terms of any
proposed transaction with Pubco Board and thereby help protect stockholders from the use of abusive and coercive takeover tactics.

Resolution to be Voted Upon

The full text of the resolution to be considered and if thought fit, passed and approved is as follows:

“RESOLVED, as an ordinary resolution, on an advisory non-binding basis, that the provisions
requiring or permitting stockholders to take action at an annual or special meeting and prohibit stockholder action by written consent in lieu of a meeting, as described in Advisory Organizational Documents Proposal 5E, be approved.”

Advisory Organizational Documents Proposal 5F — Additional Changes

CSLM’s shareholders are being asked to approve and adopt an amendment to the Current Charter to authorize certain additional changes,
including, among other things, (a) making Pubco’s corporate existence perpetual, and (b) removing certain provisions related to CSLM’s status as a blank check company that will no longer be applicable upon Closing, all of which
the CSLM Board believes is necessary to adequately address the needs of Pubco after the Business Combination.

The Proposed Organizational
Documents will not contain provisions related to a blank check company (including those related to operation of the Trust Account, winding up of CSLM’s operations should CSLM not complete a business combination by