Company: RENEF
Filing Date: 2025-10-08
Form Type: PRE 14A
Source: 0001104659-25-097940
Chunk: 61

Company: Cartesian Growth Corp II
Filing Date: 2025-10-08
Form: PRE 14A
Chunk 61
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 we will most likely be unable to repay such loaned       
 amounts if a business combination is not completed; and                                                                                  |
| · | The Sponsor                                                                                                                              
 and the Company’s officers and directors and their respective affiliates are entitled to reimbursement of out-of-pocket expenses         
 incurred by them related to identifying, investigating, negotiating and completing an initial business combination and, if the Extension 
 is not approved and we do not consummate an initial business combination by the Current Termination Date, they will not have any         
 claim against the Trust Account for reimbursement so that the Company will most likely be unable to reimburse such expenses.             |

<div align='center'>31</div>

Recommendation

As discussed above, after
careful consideration of all relevant factors, the Board has determined that the Extension Proposal is in the best interests of the Company
and its shareholders. The Board has approved and declared advisable the adoption of the Extension Proposal.

<div align='center'>THE BOARD RECOMMENDS THAT YOU VOTE “FOR” THE EXTENSION PROPOSAL. THE BOARD EXPRESSES NO OPINION AS TO WHETHER YOU SHOULD REDEEM YOUR PUBLIC SHARES.

32

PROPOSAL NO. 2 — THE ADJOURNMENT PROPOSAL</div>

Overview

The Adjournment Proposal,
if adopted, will allow the Board to adjourn the Extraordinary General Meeting to a later date or dates to permit further solicitation
and vote of proxies in the event that there are insufficient votes for, or otherwise in connection with, the approval of the Extension
Proposal. The Adjournment Proposal will only be presented at the Extraordinary General Meeting if, based on the tabulated votes, there
are not sufficient votes at the time of the Extraordinary General Meeting to approve the Extension Proposal, in which case the Adjournment
Proposal will be the only proposal presented at the Extraordinary General Meeting.

Consequences if the Adjournment Proposal is Not Approved

If the Adjournment Proposal
is not approved by our shareholders, our Board may not be able to adjourn the Extraordinary General Meeting to a later date in the event
that there are insufficient votes for, or otherwise in connection with, the approval of the Extension Proposal.

Vote Required for Approval

The Adjournment Proposal
requires an ordinary resolution under Cayman Islands law, being the affirmative vote of a majority of the holders of the issued and outstanding
Ordinary Shares, attending in person or by proxy and entitled to vote thereon and who vote at the Extraordinary General