Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 311

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 311
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 paid or credited to such Non-U.S. Holder. Any distribution not constituting
a dividend will be treated first as reducing (but not below zero) the Non-U.S. Holder’s adjusted tax basis in its shares of Pubco Common Stock and, to the extent such distribution exceeds the Non-U.S. Holder’s adjusted tax basis, as gain realized from the sale or other disposition of the Pubco Common Stock, which will be treated as described under “—Sale, Exchange or Other Taxable Disposition of Pubco securities” below.

The withholding tax generally does not apply to dividends paid
to a Non-U.S. Holder who provides a Form W-8ECI, certifying that the dividends are effectively connected with the
Non-U.S. Holder’s conduct of a trade or business within the United States. Instead, the effectively connected dividends will be subject to regular U.S. federal income tax as if the Non-U.S. Holder were a U.S. resident, subject to an applicable income tax treaty providing otherwise. A corporate Non-U.S. Holder receiving effectively
connected dividends may also be subject to an additional “branch profits tax” imposed at a rate of 30% (or a lower applicable treaty rate).

Sale, Exchange or Other Taxable Disposition of Pubco securities

A Non-U.S. Holder generally will not be subject to U.S. federal income or withholding tax in
respect of gain recognized on a sale, taxable exchange or other taxable disposition of its Pubco Common Stock or Pubco

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Warrants (including an expiration or redemption of the Pubco Warrants as described under “—Exercise, Lapse or Redemption of a Pubco Warrant”, or a
redemption of Pubco Common Stock that is treated as a sale or exchange as described under “—Effects to Non-U.S.Holders of Exercising Redemption Rights”), unless:

(i) the gain is effectively connected with the conduct by the
Non-U.S. Holder of a trade or business within the United States (and, under certain income tax treaties, is attributable to a United States permanent establishment or fixed base maintained by
the Non-U.S. Holder);

(ii) such Non-U.S. Holder
is an individual who was present in the United States for 183 days or more in the taxable year of such disposition (as such days are calculated pursuant to Section 7701(b)(3) of the Code) and certain other requirements are
met; or

(iii) Pubco is or has been a “United States