Company: KOYNU
Filing Date: 2025-05-15
Form Type: DRS
Source: 0001829126-25-003675
Chunk: 314

Company: CSLM Digital Asset Acquisition Corp III, Ltd
Filing Date: 2025-05-15
Form: DRS
Chunk 314
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 Officer or by our Chairman.

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Advance Notice Requirements for Shareholder Proposals and Director Nominations

Our amended and restated memorandum and articles of association will provide that
shareholders seeking to bring business before our annual general meeting, or to nominate
candidates for appointment and the removal as directors at our annual general meeting
must provide timely notice of their intent in writing. To be timely, a shareholder’s notice will need to be received by the Company secretary at our principal executive
offices not later than the close of business on the 90 day nor earlier than the close of business on the 150 day prior to the anniversary date of the immediately preceding annual general meeting.
Pursuant to Rule 14a-8 under the Exchange Act, proposals seeking inclusion in our annual proxy statement
must comply with the notice periods contained therein. Our amended and restated memorandum
and articles of association will also specify certain requirements as to the form
and content of a shareholders’ meeting. These provisions may preclude our shareholders from bringing matters before
our annual general meeting or from making nominations for directors at our annual
general meeting. Our amended and restated memorandum and articles of association will
allow the chairman of the meeting at a meeting of the shareholders to adopt rules
and regulations for the conduct of meetings which may have the effect of precluding
the conduct of certain business at a meeting if the rules and regulations are not
followed. These provisions may also defer, delay or discourage a potential acquirer
from conducting a solicitation of proxies to elect the acquirer’s own slate of directors or otherwise attempting to influence or obtain control of
us.

Written Resolutions

Subsequent to the consummation of the offering, any action required or permitted to
be taken by our shareholders may be effected by a duly called annual general meeting
or extraordinary general meeting or by written resolution passed in accordance with
the Companies Law.

Limitation on Liability and Indemnification of Directors and Officers

Cayman Islands law does not limit the extent to which a company’s memorandum and articles of association may provide for indemnification of officers
and directors, except to the extent any such provision may be held by the Cayman Islands
courts to be contrary to public policy, such as to provide indemnification against
willful default, fraud or the consequences of committing a crime. Our amended and
restated memorandum and articles of association will provide for indemnification of
our officers and directors to the maximum