Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 446

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 446
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 extent of any pecuniary interest therein.                                                                                                                                                                                                             |

| (15) | Includes (i) 234,035 shares of Fusemachines Pubco Common Stock owned by Mr. Shrestha directly, as well as                                                                                                                                                 
 (ii) vested stock incentive options exercisable for 39,155 shares of Fusemachines Pubco Common Stock that Mr. Shrestha has the right to acquire within 60 days of May 15, 2025. Mr. Shrestha disclaims any beneficial ownership of such shares, except to 
 the extent of any pecuniary interest therein.                                                                                                                                                                                                             |

285

CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS

CSLM Acquisition Corp.

Founder Shares

In July 2021, the Sponsor purchased 4,743,750 shares of CSLM’s Class B ordinary shares (the “Founder Shares”) for an
aggregate purchase price of $25,000. The Founder Shares included an aggregate of up to 618,750 shares subject to forfeiture by the Sponsor to the extent that the underwriter’s overallotment was not exercised in full or in part, so that the
number of Founder Shares collectively represented approximately 20% of CSLM’s issued and outstanding shares after the Initial Public Offering. In August 2021, the Sponsor transferred 50,000 founder shares to each of CSLM’s independent
director nominees. Effective as of July 13, 2023, pursuant to the terms of the Current Charter, the Sponsor elected to convert 4,743,749 outstanding Class B ordinary share held by it on a one-for-one basis into Class A ordinary shares of CSLM, with immediate effect. See “The Domestication Merger Proposal.”

At the time of the IPO, the Sponsor agreed, subject to limited exceptions, not to transfer, assign or sell any of its Founder Shares until the
earlier to occur of: (A) one year after the completion of a Business Combination; and (B) subsequent to a Business Combination, (x) if the closing price of the Class A ordinary shares equals or exceeds $12.00 per share (as
adjusted for share sub-divisions, share capitalizations, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period
commencing at least 120 days after a Business Combination, or (y) the date on which CSLM completes a liquidation, merger, amalgamation, share exchange, reorganization or other similar