Company: NKLR
Filing Date: 2025-05-14
Form Type: S-4
Source: 0001213900-25-043376
Chunk: 346

Company: Terra Innovatum Global N.V.
Filing Date: 2025-05-14
Form: S-4
Chunk 346
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 Articles of Association, cancelling shares held by the Company itself and cancelling all PubCo Preferred Shares without repayment of their nominal value. A resolution to cancel all issued PubCo Preferred Shares will be subject to the approval of the meeting of holders of PubCo Preferred Shares. Upon the cancellation of all PubCo Preferred Shares, the aggregate nominal value of the PubCo Preferred Shares will be added to the Special Capital Reserve. A resolution of the PubCo general meeting to reduce the share capital will require a majority of at least two -thirdsof the votes cast at a PubCo general meeting if less than half of the issued share capital is represented at the meeting. If half or more of the issued share capital is represented at the meeting, this resolution will be adopted with a simple majority of the votes cast. In addition, Dutch law contains detailed provisions regarding the reduction of capital. A resolution to reduce the issued and outstanding share capital shall not take effect before a two months creditor opposition period has lapsed. 177 Transfer of Shares PubCo Ordinary Shares are, in principle, freely transferable. A transfer of one or more PubCo Preferred Shares is subject to transfer restrictions and can only be effected with due observance of the provisions set out in the PubCo Articles of Association. In accordance with the provisions of Dutch law and the PubCo Articles of Association, the transfer of PubCo shares or creation of a right of pledge or right of usufruct thereon requires a deed executed for that purpose and, save in the event PubCo itself is a party to such legal act, written acknowledgement by PubCo of the transfer. Service of notice of the deed or of a certified notarial copy or extract of that deed on PubCo will be the equivalent of such acknowledgement. PubCo shares that have been entered into the electronic book -entrysystem will be registered in the name of Cede & Co as nominee of DTC, and transfer of beneficial entitlements in shares held in the electronic book -entrysystem will be effected by electronic bookings. The above -mentionedrequirements applicable to a transfer of the shares do not apply to the trading of such beneficial entitlements in shares. No Liability to Further Capital Calls All of the outstanding PubCo Ordinary Shares will be fully paid -upand non -assessable. Discriminating Provisions There are no provisions in the PubCo Articles of Association that discriminate against a shareholder because of its ownership of a certain number of shares. Dividends and Other Distributions Pursuant to Dutch law and the PubCo Articles of Association, the distribution