Company: SSUP
Filing Date: 2025-07-08
Form Type: DEFA14A
Source: 0001193125-25-156514
Chunk: 2

Company: SUPERIOR INDUSTRIES INTERNATIONAL INC
Filing Date: 2025-07-08
Form: DEFA14A
Chunk 2
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 (the “ Board”) has unanimously determined that the Merger Agreement and the consummation of the transactions contemplated by the Merger Agreement, including the Merger, are advisable and in the best interests of the Company and its stockholders, and approved and declared advisable, and recommended that the Board approve and declare advisable, the Merger Agreement and the consummation of the transactions contemplated by the Merger Agreement. The Transaction Committee also recommended to that Board that it resolve to recommend that the Company’s stockholders vote to adopt the Merger Agreement. The Board has determined that the Merger Agreement and the consummation of the transactions contemplated by the Merger Agreement, including the Merger, are advisable and in the best interests of the Company and its stockholders, and approved and declared advisable the Merger Agreement and the consummation of the transactions contemplated by the Merger Agreement. The Board also resolved to recommend that the Company’s stockholders vote to adopt the Merger Agreement. The Merger Pursuant to the Merger Agreement, at the effective time of the Merger (the “ Effective Time”), each share of common stock, par value $0.01 per share, of the Company (each, a “ Common Share”) and each share of preferred stock, par value $0.01 per share designated as Series A Preferred Shares (the “ Series A Preferred Shares”), in each case, issued and outstanding immediately prior to the Effective Time (other than shares owned by (i) Parent or Merger Sub or any of their respective Subsidiaries, (ii) the Company as treasury stock (each such share referred to in clauses (i) and (ii), an “ Excluded Share” and, collectively, the “ Excluded Shares”) and (iii) holders of Common Shares (“ Dissenting Stockholders”) who have not voted in favor of the Merger or consented thereto and have properly exercised and perfected and not withdrawn, waived or lost a demand for appraisal rights pursuant to Section 262 of the Delaware General Corporation Law), will be converted into the right to receive:

| • |     | with respect to each Common Share, $0.09 per Common Share in cash, without interest thereon (the “Common                       
 Stock Merger Consideration” and the aggregate of such amount for all Common Shares, the “Aggregate Merger Consideration”); and |

| • |     | with respect to each Series A Preferred Share, (1) an amount equal to the quotient of (x) the product