Company: XOMAP
Filing Date: 2025-04-04
Form Type: PRE 14A
Source: 0001193125-25-073470
Chunk: 130

Company: XOMA Royalty Corp
Filing Date: 2025-04-04
Form: PRE 14A
Chunk 130
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 as applicable, on the Delisting Event Conversion Date or Change of Control Conversion Date, as applicable, unless, on or prior to the Delisting Event Conversion Date or Change of Control Conversion Date, as applicable, the Corporation has provided or provides notice of its election to redeem such shares of Series A Preferred Stock, whether pursuant to its Redemption Right or Special Optional Redemption Right. If the Corporation elects to redeem shares of Series A Preferred Stock that would otherwise be converted into the applicable Conversion Consideration on a Delisting Event Conversion Date or Change of Control Conversion Date, as applicable, such shares of Series A Preferred Stock shall not be so converted and the holders of such shares shall be entitled to receive on the applicable redemption date $25.00 per share, plus any accrued and unpaid dividends thereon to, but not including, the redemption date.

<div align='center'>A-29</div>

(h) The Corporation shall deliver the applicable Conversion Consideration no later than the third Business Day following the Delisting Event Conversion Date or Change of Control Conversion Date, as applicable.

(i) The shares of Series A Preferred Stock shall not be convertible into or exchangeable for any other property or securities of the Corporation or any other entity, except as otherwise provided herein.

Section9.No Conversion Rights.The shares of Series A Preferred Stock shall not be convertible into orexchangeable for any other property or securities of the Corporation or any other entity, except as otherwise provided herein.

Section10.Record Holders.The Corporation and its transfer agent may deem and treat the record holderof any Series A Preferred Stock as the true and lawful owner thereof for all purposes, and neither the Corporation nor its transfer agent shall be affected by any notice to the contrary.

Section11.No Maturity or Sinking Fund.The Series A Preferred Stock has no maturity date, and nosinking fund has been established for the retirement or redemption of Series A Preferred Stock.

Section12.Exclusion of Other Rights.The Series A Preferred Stock shall not have any preferences orother rights, voting powers, restrictions, limitations as to dividends or other distributions, qualifications or terms or conditions of redemption other than expressly set forth in the Articles of Incorporation and this Certificate of Designation.

Section13.Headings of Subdivisions.The headings of the various subdivisions hereof are for convenienceof reference only and shall not affect the interpretation of any of the provisions hereof.

Section14.Severability of Provisions.If any preferences or other rights, voting powers, restrictions,limitations as to dividends or other distributions, qualifications or terms or conditions of redemption