Company: NKLR
Filing Date: 2025-09-16
Form Type: 424B3
Source: 0001213900-25-087981
Chunk: 399

Company: Terra Innovatum Global N.V.
Filing Date: 2025-09-16
Form: 424B3
Chunk 399
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 directors ( voorzitter) under Dutch law. The PubCo board of directors may in its discretion designate one of the non -executivedirectors as vice chairperson. 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 one non -executivedirectors shall be appointed on a binding designation by the Sponsor at Closing in accordance with the Business Combination Agreement. The PubCo general meeting will at all times be allowed to overrule a binding nomination for the appointment of a PubCo 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 PubCo held in the 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 -thirds(2/3) majority 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 being involved in a related party transaction within the meaning of Dutch law. If the PubCo board of directors is unable to adopt a resolution as a result of all directors being unable to participate in the deliberations and decision -makingprocess due to such a conflict of interest, or due to all directors being involved in such a related party transaction, the decision shall nevertheless be taken by