Company: SMNR
Filing Date: 2025-07-02
Form Type: S-4/A
Source: 0001193125-25-154936
Chunk: 419

Company: Semnur Pharmaceuticals, Inc.
Filing Date: 2025-07-02
Form: S-4/A
Chunk 419
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 may be filled by the vote of a majority of the remaining directors then in office, even though a quorum may not be present at any meeting of the directors, or by the sole remaining director. All directors hold office until the expiration of their respective terms of office and until their successors have been appointed. A director appointed to fill a vacancy resulting from the death, resignation or removal of a director serves for the remainder of the full term of the director whose death, resignation or removal has created the vacancy and until his successor has been appointed. It is proposed that the New Semnur Board will consist of the following directors:

| • |     | Class I director: Jay Chun, M.D., Ph.D. and such director’s term will expire at the annual meeting of stockholders to be held in 2025; |

| • |     | Class II directors: Dorman Followwill and Yue Alexander Wu, Ph.D. and their terms will expire at the annual meeting of stockholders to be held in 2026; and |

| • |     | Class III directors: Henry Ji, Ph.D. and Jaisim Shah and their terms will expire at the annual meeting of stockholders to be held in 2027. |

**Information regarding each nominee is set forth in the section titled “ Directors and Executive Officers of New Semnur After the Business Combination.” Vote Required for Approval The election of each director requires an ordinary resolution under Cayman Islands law, being the affirmative vote of the majority of the Denali Ordinary Shares present in person or represented by proxy and entitled to vote thereon and who vote at the Meeting or any adjournment or postponement thereof. In accordance with the Current Denali Charter, prior to the consummation of the Business Combination, only the holders of Denali Class B Ordinary Shares are entitled to vote on the Director Election Proposal. Unless authority is withheld or the shares are subject to a broker non-vote,the proxies solicited by the Denali Board will be voted “FOR” the election of these nominees. In case any of the nominees becomes unavailable for election to the New Semnur Board, an event that is not anticipated, the persons named as proxies, or their 247

substitutes, will have full discretion and authority to vote or refrain from voting for any other candidate in accordance with their judgment. Any shares not voted “FOR” a particular nominee (whether as a result of a direction to withhold authority or a broker non-vote) will not be counted in the nominee’s