Company: NKLR
Filing Date: 2025-11-10
Form Type: S-1
Source: 0001213900-25-108246
Chunk: 195

Company: Terra Innovatum Global N.V.
Filing Date: 2025-11-10
Form: S-1
Chunk 195
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 inability of all Terra executive directors, the executive management of Terra shall temporarily be entrusted to the
Terra non-executive directors, provided that the Terra board of directors may provide for one or more temporary replacements.

If the seat of a Terra non-executive director is
vacant or upon inability of a Terra non-executive director, the remaining Terra non-executive directors shall temporarily be entrusted
with the performance of the duties and the exercise of the authorities of that Terra non-executive director, provided that the Terra board
of directors may provide for a temporary replacement. If the seats of all Terra non-executive directors are vacant or upon inability of
all Terra non-executive directors, the Terra general meeting shall be authorized to temporarily entrust the performance of the duties
and the exercise of the authorities of the Terra non-executive directors to one or more other individuals.

With regard to the above, pursuant to the Terra
Articles of Association, a Terra director shall in any event be unable to act: (i) during the period for which the Terra director
has claimed inability in writing, (ii) during the Terra director’s suspension, or (iii) during periods when Terra has
not been able to contact the Terra director (including as a result of illness), provided that such period lasted longer than five consecutive days
(or such other period as reasonably determined by the Terra board of directors).

Terra General Meetings

Terra general meetings will be held in Amsterdam,
Rotterdam or Haarlemmermeer (including Schiphol Airport), the Netherlands. The annual Terra general meeting shall be held no later than
six months after the end of the financial year on the date and at the place mentioned in the convocation notice. Additional extraordinary
Terra general meetings may also be held whenever considered appropriate by the Terra board of directors or the chairperson of the board
of directors. Pursuant to Dutch law, one or more shareholders and/or persons with meeting right, who solely or jointly represent at least
10% of the issued and outstanding share capital, may request the Terra board of directors in writing to convene a Terra general meeting.
If the Terra board of directors has not taken the steps necessary to ensure that such meeting can be held within 6 weeks after the
request, the requesting shareholder(s) and or other persons with meeting rights may at their request be authorized by the competent
Dutch court in preliminary relief proceedings to convene a Terra general meeting. The court shall refuse the application if it does not
appear that the