Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 77

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 77
---

global provider of enterprise AI products and solutions. Fusemachines also provides high quality AI education in underserved communities and helping organizations achieve their full potential with AI.

Fusemachines’ principal executive office is located at 251 West 30th Street, 5th Floor, New York, New York 10001 and its telephone number
is (347) 212-5075. Fusemachines’ corporate website address is https://fusemachines.com/. Fusemachines’ website and the information contained on, or that can be accessed through, the website is not deemed to be incorporated by
reference in, and is not considered part of, this proxy statement/prospectus.

32

CSLM Board of Director’s Reasons for the Approval of the Business Combination

The officers and directors of CSLM have substantial experience in evaluating the operating and financial merits of companies from a wide range
of industries and concluded that their experience and background, enabled such officers and directors of CSLM to make the necessary analyses and determinations regarding the Business Combination. After careful consideration of the terms and
conditions of the Merger Agreement, the Board has determined that Business Combination and the transactions contemplated thereby are fair to and in the best interests of CSLM and its shareholders because they believe that Fusemachines is a company
with strong revenue growth potential. They have been operating for some time and the Board believes that they have demonstrated a good return on investment capital for their client base in the AI subsector of the technology space. In reaching its
decision with respect to the Business Combination and the transactions contemplated thereby, the board of directors of CSLM also reviewed various industry and financial data and the due diligence and evaluation materials provided by Fusemachines,
demonstrating that Fusemachines has a business plan dedicated to both to near term cash flow as well as long term growth. For additional information regarding the positive and negative factors the CSLM Board considered in evaluating the
Transactions, see the section entitled “The Business Combination Proposal — CSLM Board of Directors’ Reasons for the Approval of the Business Combination” on page 124. In addition, the CSLM Board obtained a Fairness
Opinion from Marshall & Stevens which concluded that, as of the date of its opinion, and based on and subject to the assumptions, qualifications and other matters set forth therein, issued their opinion as to the fairness to CSLM and, through
their holdings of common stock in CSLM, to its non-controlling public common shareholders, and to Public Shareholders unaffiliated