Company: NKLR
Filing Date: 2025-09-03
Form Type: S-4/A
Source: 0001213900-25-084087
Chunk: 412

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-03
Form: S-4/A
Chunk 412
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 has expired; •in case of shareholders using their right to request a PubCo 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 PubCo on such offer, the first following day; •the day after a public offer without agreement having been reached with PubCo on such offer, having been declared unconditional; or •the PubCo board of directors deciding to end the cooling -offperiod earlier. In addition, one or more shareholders that may (jointly) exercise the shareholder proposal right at the time that the cooling -offperiod is invoked, may request the Enterprise Chamber ( Ondernemingskamer) of the Amsterdam Court of Appeals ( Gerechtshof Amsterdam) for early termination of the cooling -offperiod. The Enterprise Chamber must rule in favor of the request if the shareholders can demonstrate that: •the PubCo board of directors, in light of the circumstances at hand when the cooling -offperiod was invoked, could not reasonably have come to the conclusion that the relevant shareholder proposal or hostile offer constituted a material conflict with the interests of PubCo and its business; •the PubCo board of directors cannot reasonably believe that a continuation of the cooling -offperiod would contribute to careful policy -making; •if other defensive measures, having the same purpose, nature and scope as the cooling -offperiod, have been activated during the cooling -offperiod and are not terminated or suspended at the relevant shareholders’ written request within a reasonable period following the request (i.e., no ‘stacking’ of defensive measures). During the cooling -offperiod, if invoked, the PubCo must gather all relevant information necessary for a careful decision -makingprocess. In this context, the PubCo board of directors must at least consult with shareholders representing at least 3% of PubCo’s issued share capital at the time the cooling -offperiod was invoked and with the PubCo’s works council (if applicable). Formal statements expressed by these stakeholders during such consultations must be published on PubCo’s website to the extent these stakeholders have approved that publication. Ultimately one week following the last day of the cooling -offperiod, the PubCo board of directors must publish a report in respect of its policy and conduct of affairs during the cooling -offperiod on the PubCo website. This report must also remain available for inspection by PubCo’s shareholders and others with meeting rights under Dutch law at PubCo’s office and must be tabled for