Company: NKLR
Filing Date: 2025-07-15
Form Type: S-4/A
Source: 0001213900-25-063846
Chunk: 385

Company: Terra Innovatum Global N.V.
Filing Date: 2025-07-15
Form: S-4/A
Chunk 385
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 perform its duties. In the performance of their tasks, the directors shall be guided by the interests of PubCo and the enterprise connected with it. Under Dutch law, the interests of PubCo and the enterprise connected with it extend to the interests of all stakeholders, such as shareholders, creditors, employees, customers and suppliers. The PubCo board of directors shall designate a non -executivedirector as Chair of the board of directors ( voorzitter) under Dutch law. The PubCo board of directors may in its discretion grant one of the non -executivedirectors the title Vice Chairman. 202 Nomination and Appointment PubCo directors will be appointed by the PubCo general meeting on a binding nomination by the PubCo board of directors, provided that two non -executivedirectors shall be appointed on a binding designation by the Sponsor. The PubCo general meeting will at all times be allowed to overrule a binding nomination for the appointment of a PubCo Director by a majority of not less than two thirds (2/3) of the votes cast, representing 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 four years, provided that his term of office shall lapse immediately after the close of the annual general meeting of PubCo held in the fourth year after his appointment. A director may be reappointed with due observance of the preceding sentence. A non -executivedirector may be in office for a period not exceeding twelve years, which period may or may not be interrupted, unless at the proposal of the board of directors of PubCo the general meeting of PubCo resolves otherwise. PubCo’s general meeting may at all times suspend or dismiss any director. A resolution of the PubCo general meeting to suspend or dismiss a director other than at the proposal of the PubCo board of directors requires a two -thirdsmajority of the votes cast. The PubCo board of directors may at all times suspend an executive director. Conflict of Interest A PubCo director shall not participate in deliberations and the decision -makingprocess in the event of a direct or indirect personal conflict of interest between that director and PubCo and the enterprise connected with it, or in the event of