Company: NKLR
Filing Date: 2025-12-09
Form Type: S-1/A
Source: 0001213900-25-119411
Chunk: 167

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-09
Form: S-1/A
Chunk 167
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 reasonable period to respond to such intention. Such period shall not exceed 180 days (or such other period as may be stipulated for such purpose by Dutch law and/or the DCGC from time to time). If invoked, the Terra board of directors must use such response period for further deliberation and constructive consultation, in any event with the shareholders(s) concerned, and must explore the alternatives. At the end of the response time, the Terra board of directors must report on this consultation and the exploration of alternatives to the Terra general meeting. The response period may be invoked only once for any given general meeting and shall not apply: (a) in respect of a matter for which a response period has been previously invoked; or (b) if a shareholder holds at least 75% of Terra’s issued share capital as a consequence of a successful public bid. The response period may also be invoked in response to shareholders or others with meeting rights under Dutch law requesting that a Terra general meeting be convened, as described above. In addition, a statutory response time, similar to the aforementioned response time under the DCGC, but with a maximum of 250 days applies in the Netherlands. According to this statutory rule, the cooling-off period could be invoked by the Terra board of directors in the event:

| ● | shareholders, using either their shareholder proposal right or                                                                        
 their right to request a Terra general meeting, propose an agenda item for the Terra general meeting to dismiss, suspend or appoint a 
 Terra director (or to amend any provision in the Terra Articles of Association dealing with those matters); or                        |

| ● | a public offer for Terra has been announced or made without agreement 
 having been reached with Terra on such offer,                         |

provided, in each case, that in the opinion of the Terra board of directors such proposal or offer materially conflicts with the interests of Terra and its business. The cooling-off period, if invoked, ends upon the earliest of the following events:

| ● | the expiration of 250 days from: |

| ● | in case of shareholders using their shareholder proposal right,                                     
 the day after the deadline for making such proposal for the next Terra general meeting has expired; |

| ● | in case of shareholders using their right to request a Terra               
 general meeting, the day when they obtain court authorization to do so; or |

| ● | in case of a public offer as described above being made without                  
 agreement having been reached with Terra on such offer, the first following day; |

| ● | the day