Company: NKLR
Filing Date: 2025-12-16
Form Type: 424B3
Source: 0001213900-25-121900
Chunk: 171

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-16
Form: 424B3
Chunk 171
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 pursuant to a resolution
of the Terra board of directors if the board of directors has been designated thereto by the Terra general meeting for a specific period
and with due observance of applicable statutory provisions. Designation by resolution of the Terra general meeting cannot be withdrawn
unless determined otherwise at the time of designation.

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The scope and duration of Terra’s board
of directors authority to issue Terra shares or grant rights to subscribe for Terra shares (such as granting stock options) will determined
by a resolution of Terra’s general meeting and relates, at the most, to all unissued shares in Terra’s authorized capital
on the date on which the Terra’s board of directors resolves to issue Terra shares or grant rights to subscribe for Terra shares.
The duration of this authority may not exceed a period of five years. Designation of the Terra’s board of directors as the
body authorized to issue Terra shares or grant rights to subscribe for Terra shares may be extended by a resolution of Terra’s
general meeting for a period not exceeding five years in each case. The number of Terra shares that may be issued or rights to subscribe
for Terra shares that may be granted by Terra’s board of directors is determined at the time of designation. If and insofar as
the Terra board of directors is not designated by the Terra general meeting, Terra shares shall be issued pursuant to a resolution of
the Terra general meeting.

No resolution of Terra’s general meeting
or resolution of the Terra’s board of directors is required to issue Terra shares pursuant to the exercise of a previously granted
right to subscribe for Terra shares.

The Terra general meeting adopted a resolution
prior to the Closing of the Business Combination pursuant to which the Terra’s board of directors was authorized, for a period
of five years from the date of the Closing, to issue Terra Ordinary Shares and Terra Preferred Shares and grant rights to subscribe for
Terra Ordinary Shares and Terra Preferred Shares up to the authorized share capital from time to time.

Pre-emptive Rights

Under Dutch law and the Terra Articles of Association,
each shareholder has a pre-emptive right in proportion to the aggregate amount of its Terra Ordinary Shares upon the issuance of new
Terra Ordinary Shares or the granting of rights to subscribe for Terra Ordinary Shares. Exceptions to this pre-emptive right include
the issuance of new Terra Ordinary Shares or the granting of rights to subscribe for Terra Ordinary Shares: (i) to employees of
Terra or another company of its group; (ii