Company: CSLMF
Filing Date: 2025-07-03
Form Type: DEFM14A
Source: 0001193125-25-155514
Chunk: 439

Company: CSLM ACQUISITION CORP.
Filing Date: 2025-07-03
Form: DEFM14A
Chunk 439
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 Closing Date, Pubco intends to adopt the Equity Incentive Plan, subject to shareholder approval at the extraordinary general meeting. This section summarizes certain principal features of the Equity Incentive Plan. The summary is qualified in its entirety by reference to the complete text of the Equity Incentive Plan. 280

The Equity Incentive Plan is a comprehensive incentive compensation plan under which Pubco can grant equity- based and other incentive awards to its officers, employees, directors, consultants and advisers. The purpose of the Equity Incentive Plan is to help Pubco attract, motivate and retain such persons with awards under the Equity Incentive Plan and thereby enhance shareholder value. Equity Compensation Policy Upon completion of the Business Combination, Pubco is expected to adopt a formal written policy in place with regard to the timing of certain equity awards in relation to the disclosure of material nonpublic information. The Pubco Board and the compensation committee will not seek to time equity grants to take advantage of information, either positive or negative, about Pubco that has not been publicly disclosed. During the fiscal year ended December 31, 2024, Fusemachines was not a public company, and so awarded no equity awards to named executive officers in the period beginning four business days before the filing of any periodic report on Form 10-Qor Form 10-K,or the filing or furnishing of a current report on Form 8-Kthat discloses material nonpublic information, and ending one business day after the filing or furnishing of such report. Director Compensation We primarily use monthly fees and stock option grants to attract and retain qualified candidates to serve on the Board. This compensation reflected the financial condition of Fusemachines. In setting director compensation, we consider the significant amount of time that directors expend in fulfilling their duties to Fusemachines as well as the skill-level required by our members of the Board. During the year ended December 31, 2024, Sameer Maskey did not receive any compensation for his services as a director. During the year ended December 31, 2024, Sanjay Shrestha, Tim Gocher, and David Lerner (a former member of Fusemachines’ board of directors) received stock option compensation for their services as directors. The compensation disclosed in the “ Summary Compensation Table” above represents the total compensation received by our officers, and the table below represents the compensation received by our non-employeedirectors. Our independent non-employeedirectors may be compensated in cash and stock option grants