Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 670

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 670
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 shareholder have agreed (i) not to transfer or redeem any Parent Common Shares held by such Parent shareholder, (ii) to vote in favor of this Agreement and the Merger and the other transactions contemplated hereby at the
Parent Shareholder Meeting,

A-1

and (iii) to subject certain of its founder equity securities of Parent to surrender and forfeiture, subject to the terms and conditions set forth therein;

H. Contemporaneously with the execution of, and as a condition and an inducement to Parent and the Company entering into this Agreement, Sameer Maskey,
the founder and Chief Executive Officer of the Company, is entering into and delivering a Founder Transaction Bonus Agreement, substantially in the form attached hereto as (the “”), pursuant to which Mr. Maskey will be entitled to a transaction completion bonus upon the Closing upon the terms set forth in the Founder Transaction Bonus Agreement;

I. Within five (5) Business Days following the date of this Agreement, an Affiliate of Sponsor will provide to the Company loans in an aggregate
principal amount of $6.5 million in the form of secured convertible promissory notes (collectively, the “”), of which $4.5 million shall be used by the Company for general corporate purposes,
including debt repayment, and $2.0 million shall be used by the Company to repurchase certain shares of Company Common Stock from Mr. Maskey and contemporaneously therewith, Mr. Maskey shall enter into a pledge agreement with the
Sponsor and the Company (the “”), pursuant to which Mr. Maskey shall pledge certain shares of Company Common Stock held by him to secure the Company’s obligations under the Sponsor Convertible Notes;

J. In connection with the transactions contemplated by this Agreement, Parent will enter into subscription agreements, in the form and substance as
reasonably agreed upon by Parent and the Company (the “”), with certain investors providing for aggregate investments in Parent Common Shares in a private placement on or prior to the Closing of an amount
equal to the PIPE Investment Amount (as defined below), at $10.00 per Parent Common Share (the “”);

K. Parent
intends that, for United States federal and applicable state income tax purposes, the Domestication will qualify as a “reorganization” within the meaning of Section 368(a) of the Internal Revenue Code of 1986, as amended (the
“”) and the Treasury Regulations promulgated thereunder (the “”), and this Agreement is intended to constitute a “plan of reorganization