Company: CGCT
Filing Date: 2025-04-14
Form Type: S-1/A
Source: 0001104659-25-034635
Chunk: 239

Company: Cartesian Growth Corp III
Filing Date: 2025-04-14
Form: S-1/A
Chunk 239
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: 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;                                       |

| · | setting                                                                                          
 clear policies for audit partner rotation in compliance with applicable laws and regulations;    
 obtaining and reviewing a report, at least annually, from the independent registered public      
 accounting firm describing (1) the independent registered public accounting firm’s               
 internal quality-control procedures and (2) any material issues raised by the most recent        
 internal