Company: NKLR
Filing Date: 2025-12-09
Form Type: S-1/A
Source: 0001213900-25-119411
Chunk: 168

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-09
Form: S-1/A
Chunk 168
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 after a public offer without agreement having been               
 reached with Terra on such offer, having been declared unconditional; or |

| ● | the Terra board of directors deciding to end the cooling-off 
 period earlier.                                              |

In addition, one or more shareholders that may (jointly) exercise the shareholder proposal right at the time that the cooling-off period is invoked, may request the Enterprise Chamber ( Ondernemingskamer) of the Amsterdam Court of Appeals ( Gerechtshof Amsterdam) for early termination of the cooling-off period. The Enterprise Chamber must rule in favor of the request if the shareholders can demonstrate that:

| ● | the Terra board of directors, in light of the circumstances at                                                                        
 hand when the cooling-off period 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 Terra and its business;                                        |

| ● | the Terra board of directors cannot reasonably believe that a                     
 continuation of the cooling-off period would contribute to careful policy-making; |

| ● | if other defensive measures, having the same purpose, nature                                                                               
 and scope as the cooling-off period, have been activated during the cooling-off period 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).                |

112 During the cooling-off period, if invoked, the Terra must gather all relevant information necessary for a careful decision-making process. In this context, the Terra board of directors must at least consult with shareholders representing at least 3% of Terra’s issued share capital at the time the cooling-off period was invoked and with the Terra’s works council (if applicable). Formal statements expressed by these stakeholders during such consultations must be published on Terra’s website to the extent these stakeholders have approved that publication. Ultimately one week following the last day of the cooling-off period, the Terra board of directors must publish a report in respect of its policy and conduct of affairs during the cooling-off period on the Terra website. This report must also remain available for inspection by Terra’s shareholders and others with meeting rights under Dutch law at Terra’s office and must be tabled for discussion at the next general meeting. The Terra general meeting is presided over by the chairperson of the board of directors or another director designated for that purpose by the board of directors. The Terra directors may attend a Terra general meeting in person or by electronic means of communication. The chairperson of the meeting may decide at