Company: NKLR
Filing Date: 2025-05-14
Form Type: S-4
Source: 0001213900-25-043376
Chunk: 317

Company: Terra Innovatum Global N.V.
Filing Date: 2025-05-14
Form: S-4
Chunk 317
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 for approval by the PubCo board of directors where appropriate. The PubCo Board will operate pursuant to a written charter for the Nominating and Corporate Governance Committee which will be available on PubCo’s website upon completion of the Business Combination. Code of Business Conduct and Ethics We anticipate that, upon the consummation of the Business Combination, the PubCo board of directors will adopt a code of ethics, which applies to Terra Innovatum’s employees, officers, and directors, as its own. A copy of such code of ethics is filed as an exhibit to the registration statement of which this proxy statement/prospectus forms a part. Officer and Director Compensation Following the Business Combination The PubCo board of directors determines the remuneration of the directors of PubCo with due observance of the remuneration policy adopted by the general meeting of PubCo. Executive directors of PubCo may not take part in the decision -makingprocess in respect of the remuneration of executive directors. A proposal with respect to a remuneration scheme in the form of shares or rights to shares is submitted by the PubCo board of directors to the PubCo general meeting for its approval. This proposal must set out at least the maximum number of shares or rights to shares to be granted to executive directors and the criteria for granting or amendment. The Compensation Committee may validly resolve on ( rechtsgeldig besluiten tot) determining the remuneration of the individual directors, with due observance of the remuneration policy adopted by the PubCo general meeting, without resolutions, approvals or other involvement of the PubCo board of directors being required. Such resolution shall be considered to be a resolution of the PubCo board of directors. The Compensation Committee will inform the PubCo board of directors promptly after having adopted such a resolution. While we do not expect any material differences in the compensation of Terra Innovatum’s current executive officers once they become executive officers of PubCo, we have not determined whether and to what extent directors of PubCo and Terra Innovatum will be paid for their service as directors. 161 Information about GSR III Unless the context otherwise requires, all references in this section to the “Company,” “GSR III,” “we,” “us” or “our” refer to GSR III prior to the consummation of the Business Combination. General GSR III is a blank check company incorporated as a Cayman Islands exempted company on May 10, 2023. GSR III was incorporated for the purpose of effecting a merger,