Company: NKLR
Filing Date: 2025-12-16
Form Type: 424B3
Source: 0001213900-25-121900
Chunk: 133

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-16
Form: 424B3
Chunk 133
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 USD) proposed to be paid to each of the Named Executive Officers (NEOs) of Terra for fiscal years ended December31,
2025 and 2026.

|                                                                                        | Name and Title |   |    2025 |     |   |    2026 |
|:---------------------------------------------------------------------------------------|:---------------|:--|--------:|:----|:--|--------:|
| Alessandro Petruzzi, Chief Executive Officer                                           |                | $ | 500,000 |     | $ | 558,000 |
| Cesare Frepoli, Chief Operating Officer & Director of Licensing and Regulatory Affairs |                | $ | 450,000 |     | $ | 500,000 |
| Marco Cherubini, Chief Technology Officer & Product Director                           |                | $ | 450,000 |     | $ | 500,000 |

Perquisites have not yet
been established and therefore are not included in the figures above. The Compensation Committee will determine any perquisites for the
named executive officers based upon their services to be rendered. Such benefits to be paid by Terra may include company cars, medical
insurance, accident insurance, tax preparation and financial counselling.

Terra has adopted an Equity
Incentive Plan under which several types of awards are available for issuance. Under the Equity Incentive Plan, NEOs receive 80% of their
annual awards in Performance Share Units (“PSUs”) and 20% of their annual awards in Retention Restricted Share Units (“RSUs”).
A PSU is a conditional right to receive Terra Ordinary Shares in the capital of Terra based on specific performance targets. For each
vested PSU the holder is entitled to receive one Terra Ordinary Share. Each RSU represents the right to receive one Terra Ordinary Share.

The following outlines the
material terms of our employment agreements with the NEOs, in addition to the compensation set forth above, pending approval by the Compensation
Committee:

Annual bonuses will be between
50% and 250% of base salary if annual performance goals are achieved, which may include company performance measures and individual goals
that will be determined in the first quarter of every fiscal year. The annual bonus may be paid in cash, PSUs or a combination of cash
and PSUs. If paid solely in cash only, the annual bonus will be between 50% and 100% of the base salary. If settled in part or in full
in PSUs, the annual bonus will be between 100% and 250%