Company: NKLR
Filing Date: 2025-09-03
Form Type: S-4/A
Source: 0001213900-25-084087
Chunk: 407

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-03
Form: S-4/A
Chunk 407
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uant to the PubCo board regulations, the PubCo 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 PubCo board regulations. In the event of a tied vote, the proposal will be rejected, unless the PubCo board regulations provide otherwise. Each PubCo director shall have one vote. Resolutions of the PubCo board of directors shall be adopted by a simple majority of the votes cast, unless these PubCo Articles of Association or the PubCo board regulations provide for a qualified majority. The PubCo Articles of Association and Dutch law provide that resolutions of the PubCo board of directors regarding a significant change in PubCo’s identity or nature or the enterprise connected with it are subject to the approval of the PubCo general meeting. Such resolutions include in any event: (i) the transfer of the business enterprise of PubCo or practically the entire business enterprise of PubCo to a third party; (ii) concluding or cancelling a long -lastingcooperation of PubCo 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 PubCo; 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 PubCo’s assets, as shown in the balance sheet with explanatory notes according to the last adopted annual accounts, by PubCo or a subsidiary. The PubCo 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 PubCo directors entitled to vote objects to this manner of decision -making. Meetings of the PubCo board of directors may be held by means of an assembly of PubCo directors in person or by telephone, video conference or any other means of electronic communication, provided that all PubCo directors participating in such meetings are able to communicate with each other simultaneously. Representation The PubCo board of directors as a whole and any PubCo executive director acting individually will be authorized to represent PubCo. The PubCo board of directors may appoint officers with general or limited power to represent PubCo. Each officer shall be competent to represent PubCo, subject to the restrictions imposed on him. The PubCo 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 PubCo.