Company: NKLR
Filing Date: 2025-12-09
Form Type: S-1/A
Source: 0001213900-25-119411
Chunk: 161

Company: Terra Innovatum Global N.V.
Filing Date: 2025-12-09
Form: S-1/A
Chunk 161
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 provide the Terra non-executive directors will the information they need to carry out their duties. The Terra board of directors may further allocate its duties and powers among the directors pursuant to the Terra board regulations or otherwise in writing, provided that the following duties and powers may not be allocated to the executive directors:

| ● | supervising the performance of the Terra executive directors; |

| ● | making a nomination for the appointment of Terra directors, as 
 set out in the Terra Articles of Association;                  |

| ● | determining a Terra executive director’s remuneration; 
 and                                                    |

| ● | instructing an auditor, if the Terra general meeting fails to 
 do so.                                                        |

The Terra board of directors may determine pursuant to the Terra board regulations or otherwise in writing that one or more Terra directors can lawfully adopt resolutions concerning matters belonging to their duties within the meaning of Section 2:129a(3) of the Dutch Civil Code. Each director has a duty to Terra to properly perform its duties. In the performance of their tasks, the directors shall be guided by the interests of Terra and the enterprise connected with it. Under Dutch law, the interests of Terra and the enterprise connected with it extend to the interests of all stakeholders, such as shareholders, creditors, employees, customers and suppliers. The Terra board of directors shall designate a non-executive director as chairperson of the board of directors ( voorzitter) under Dutch law. The Terra board of directors may in its discretion designate one of the non-executive directors as vice chairperson. 108 Nomination and Appointment Terra directors will be appointed by the Terra general meeting on a binding nomination by the Terra board of directors. The Terra general meeting will at all times be allowed to overrule a binding nomination for the appointment of a Terra director by a simple majority of the votes cast, representing at least one-third (1/3) of the issued capital of the Company. If the nomination comprises one candidate for a vacancy, a resolution concerning the nomination shall result in the appointment of the candidate, unless the nomination is overruled. If the binding nomination for appointment of a director is overruled, a new binding nomination may be made. Term of Office; Suspension; Dismissal Each director shall be appointed for a maximum period of one year, provided that his term of office shall lapse immediately after the close of the annual general meeting of Terra held in the year after his appointment. A director may be reappointed with due observance of the preceding sentence. A non-executive