Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 63

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 63
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10,436,250 |   |     | $           | 10,436,250 |   |     | $           | 10,436,250 |   |     | $           | 10,436,250 |   |
| Total Underwriting Discount, post-waiver                                              |     | $           |  3,795,000 |   |     | $           |  3,795,000 |   |     | $           |  3,795,000 |   |     | $           |  3,795,000 |   |     | $           |  3,795,000 |   |
| Total Underwriting Discount, pre-waiver as percentage of Trust Proceeds to Pubco      |     |             |         63 | % |     |             |         84 | % |     |             |        126 | % |     |             |        252 | % |     |             |         NA | % |
| Effective Total Underwriting Discount, post-waiver as percentage of Trust Proceeds to 
 Pubco                                                                                 |     |             |         23 | % |     |             |         31 | % |     |             |         46 | % |     |             |         92 | % |     |             |         NA | % |

| (1) | Uses an illustrative per share price of $12.07, based on the per share redemption price as of March 31,                                                                                                                                   
 2025 plus the actual and expected extension deposits totaling $0.1 million made into the Trust Account and the $0.2 million actual and expected dividends on marketable securities held in the Trust Account subsequent to March 31, 2025 
 through the estimated Closing Date.                                                                                                                                                                                                       |

| Q. | Did the CSLM Board obtain a third-party valuation or fairness opinion in determining whether or not to 
 proceed with the Proposed Transaction?                                                                 |

| A. | Yes. Marshall & Stevens Transaction Advisory Services, LLC                                                                                                                                                                                      
 (“Marshall & Stevens”) provided the CSLM Board a fairness opinion which concluded that, as of the date of its opinion, and based on and subject to the assumptions, qualifications and other matters set forth therein, the                     
 Aggregate Merger Consideration to be paid by CSLM in the Merger, in their opinion as to the fairness to CSLM and, through their holdings of common stock in CSLM, to its non-controlling public common