Company: NKLR
Filing Date: 2025-12-09
Form Type: S-1/A
Source: 0001213900-25-119411
Chunk: 163

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-09
Form: S-1/A
Chunk 163
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 Terra board of directors, Terra directors and committees established by the Terra board of directors. Decision-making Pursuant to the Terra board regulations, the Terra board of directors will strive to adopt its resolutions by unanimous vote. If this is not possible, resolutions will be adopted by a majority of votes cast, unless provided otherwise by the Terra board regulations. In the event of a tied vote, the proposal will be rejected, unless the Terra board regulations provide otherwise. Each Terra director shall have one vote. 109 Resolutions of the Terra board of directors shall be adopted by a simple majority of the votes cast, unless these Terra Articles of Association or the Terra board regulations provide for a qualified majority. The Terra Articles of Association and Dutch law provide that resolutions of the Terra board of directors regarding a significant change in Terra’s identity or nature or the enterprise connected with it are subject to the approval of the Terra general meeting. Such resolutions include in any event: (i) the transfer of the business enterprise of Terra or practically the entire business enterprise of Terra to a third party; (ii) concluding or cancelling a long-lasting cooperation of Terra or a subsidiary with another legal entity or company or as a fully liable partner in a partnership, provided that the cooperation or cancellation is of material significance to Terra; and (iii) acquiring or disposing of a participating interest in the share capital of a company with a value of at least one-third (1/3) of Terra’s assets, as shown in the balance sheet with explanatory notes according to the last adopted annual accounts, by Terra or a subsidiary. The Terra board of directors may also adopt resolutions outside of a meeting, provided that such resolutions are recorded in writing or otherwise and that none of the Terra directors entitled to vote objects to this manner of decision-making. Meetings of the Terra board of directors may be held by means of an assembly of Terra directors in person or by telephone, video conference or any other means of electronic communication, provided that all Terra directors participating in such meetings are able to communicate with each other simultaneously. Representation The Terra board of directors as a whole and any Terra executive director acting individually will be authorized to represent Terra. The Terra board of directors may appoint officers with general or limited power to represent Terra. Each officer shall be competent to represent Terra, subject to the restrictions imposed on him. The Terra board of directors shall determine each officer’s title. Such officers may be registered with the Dutch trade register, indicating the scope of their power to represent Terra. Indemnification of Terra directors and officers Pursuant to the