Company: CGCT
Filing Date: 2025-01-29
Form Type: S-1
Source: 0001104659-25-006780
Chunk: 240

Company: Cartesian Growth Corp III
Filing Date: 2025-01-29
Form: S-1
Chunk 240
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 combination will be a determining factor in our decision
to proceed with any potential business combination. We are not party to any agreements with our officers and directors that provide for
benefits upon termination of employment.

Committees of the Board of Directors

Upon the commencement of trading of our units
on Nasdaq, our board of directors will establish two standing committees: an audit committee and a compensation committee. Subject to
phase-in rules, the rules of Nasdaq and Rule 10A-3 of the Exchange Act require that the audit committee of a listed company
be comprised solely of independent directors. Each committee will operate under a charter that will be approved by our board and will
have the composition and responsibilities described below.

Audit Committee

Upon the commencement of trading of our units
on Nasdaq, our board of directors will establish an audit committee of the board of directors. Ali Bouzarif, Kevin Gold and Sanford Litvack
will serve as the members of our audit committee. Under the Nasdaq listing standards and applicable SEC rules, we are required to have
three members of the audit committee, all of whom must be independent. Ali Bouzarif, Kevin Gold and Sanford Litvack are each independent.

Ali Bouzarif will serve as the chair of the audit
committee. Each member of the audit committee is financially literate and our board of directors has determined that Ali Bouzarif qualifies
as an “audit committee financial expert” as defined in applicable SEC rules.

We will adopt an audit committee charter, which
will detail the principal functions of the audit committee, including:

| · | assisting board oversight of (1) the integrity of our financial statements, (2) our compliance                                              
 with legal and regulatory requirements, (3) our independent registered public accounting firm’s qualifications and independence,            
 and (4) the performance of our internal audit function and independent registered public accounting firm; the appointment, compensation,    
 retention, replacement, and oversight of the work of the independent registered public accounting firm and any other independent registered 
 public accounting firm engaged by us;                                                                                                       |

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| · | pre-approving all audit and non-audit services to be provided by the independent registered public accounting                           
 firm or any other registered public accounting firm engaged by us, and establishing pre-approval policies and procedures; reviewing and 
 discussing with the independent registered public accounting firm all relationships the independent registered public accounting firm   
 have with us in order to evaluate their continued independence;                                                                         |

| ·