Company: APXIF
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026189
Chunk: 1077

Company: APx Acquisition Corp. I
Filing Date: 2025-03-31
Form: 10-K
Item: Item 5
Chunk 1077
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ACE Partners, directing diverse transactions through Mexico and Latin America
including M&A, structured debt, capital raising, and financial advice, among others. Mr. Vara is Co-founder, member of the board,
and the first managing partner of FHipo, and is currently involved in the vehicle’s strategic decision-making. Mr. Vara is
co-founder and board member of AC Capital and Yave. Mr. Vara is the largest minority investor in HiTo, master administrator
platform, and advisor to the board. Mr. Vara was General Director of Banobras, the fifth largest bank in Mexico by loan portfolio,
from February 2017 to November 2018 and during his tenure financial performance was substantially improved while financial
access was promoted. Banobras became the first issuer of sustainable bonds in Latin America, among other important achievements. Mr. Vara
was also in charge of overseeing FONADIN’s investments, the biggest MLP in Mexico. Mr. Vara has served as board member, at
different times, of Afore XXI, Infonavit, Fincasa, Finrural, among others. Prior to his entrepreneurial experiences, Mr. Vara
was a first level officer at IPAB (Instituto para la Protección al Ahorro Bancario). He also worked for Deutsche Bank’s
Latin American Global Market Sales Group, where he headed the Debt Local Capital Markets effort in Mexico. Mr. Vara is currently
working on several new initiatives. Mr. Vara holds a B.S. in Economics from ITAM, and an MBA and M.A. in Economics from Yale University.
We believe Mr. Vara’s extensive corporate and private venture capital experience, as well as his extensive experience serving
in a number of executive positions and as a board member of other companies, makes him well qualified to serve as a director.

Fara Remtulla serves as one of our
independent directors and the chair of our nominating and corporate governance committee. Ms. Remtulla has served as the Chief Operating
Officer at Bridge It, Inc., a leading financial wellness application focused on helping users improve their financial health, since August 2021.
She also served as Head of Digital Delivery at BSF Digital Ventures, a subsidiary of Banque Saudi Fransi, from 2019 to 2021. Ms. Remtulla
is an experienced Fintech practitioner who has been involved in launching new digital