Company: SSUP
Filing Date: 2025-07-30
Form Type: PREM14A
Source: 0001140361-25-027895
Chunk: 60

Company: SUPERIOR INDUSTRIES INTERNATIONAL INC
Filing Date: 2025-07-30
Form: PREM14A
Chunk 60
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’s right, in response to a bona fide acquisition proposal and subject to certain conditions, to (i) contact and engage in discussions with the person who made such acquisition proposal to clarify the terms of such acquisition proposal or notify such person of the “no solicitation” provision in the Merger Agreement, (ii) provide access to non-public information regarding the Company to such person, provided such person enters into an acceptable confidentiality agreement with the company and (iii) engage or participate in any discussions or negotiations with any such person regarding such acquisition proposal; provided, before taking the actions described in (i) and (ii) above, the Board determines in good faith after consultation with its outside legal counsel that (a) after consultation with its financial advisors, the acquisition proposal either constitutes a superior proposal or could reasonably be expected to lead to a superior proposal and (b) the failure to take such action would reasonably be expected to be inconsistent with the directors’ fiduciary duties; |

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TABLE OF CONTENTS

| • | the provisions allowing the Board to make a Change in Recommendation prior to obtaining stockholder approval of the Merger Agreement Proposal in specified circumstances relating to a superior proposal or an intervening event; subject to Parent’s right to terminate the Merger Agreement; |

| • | the provision allowing the Board to terminate the Merger Agreement to enter into a superior proposal, subject to certain conditions (including certain rights of Parent to match the superior proposal); |

| • | the likelihood that the Merger would be consummated, including the nature of the conditions to complete the Merger (including regulatory conditions), and the provisions of the Merger Agreement requiring Parent to, subject to certain exceptions, use its reasonable best efforts to take (or cause to be taken) all actions, and do (or cause to be done) all things necessary, proper or advisable under the Merger Agreement to obtain as expeditiously as possible all consents, registrations, approvals, permits, expirations of waiting periods and authorizations necessary or advisable to be obtained from any third party or any governmental entity in order to consummate the Merger or the Transactions; and |

| • | the availability of statutory appraisal rights under Delaware law in connection with the Merger. |

| • | Timing of Completion. The Transaction Committee and the Board considered the anticipated timing of the consummation of the Transactions, including the Merger, and the structure of the Merger and concluded that the Transactions, including the Merger, could be completed in a reasonable timeframe and