Company: RENEF
Filing Date: 2025-10-08
Form Type: PRE 14A
Source: 0001104659-25-097940
Chunk: 48

Company: Cartesian Growth Corp II
Filing Date: 2025-10-08
Form: PRE 14A
Chunk 48
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(s) to the Company’s transfer agent prior
to the vote on the Extension Proposal. The Company anticipates that a public shareholder who tenders shares for redemption in connection
with the vote to approve the Extension Proposal would receive payment of the redemption price for such shares soon after the completion
of the Extension.

United States Federal Income Tax Considerations for Shareholders Exercising Redemption Rights

The following is a discussion
of U.S. federal income tax considerations generally applicable to U.S. Holders (as defined below) that elect to have their Class A Ordinary
Shares redeemed for cash if the Extension Proposal is completed. This discussion applies only to Class A Ordinary Shares that are held
as a capital asset for U.S. federal income tax purposes (generally, property held for investment). This discussion does not describe
all of the U.S. federal income tax consequences that may be relevant to holders in light of their particular circumstances or status,
including:

| · | the Sponsor                                            
 or our directors and officers;                         |
| · | financial                                              
 institutions or financial services entities;           |
| · | broker-dealers;                                        |
| · | taxpayers                                              
 that are subject to mark-to-market accounting rules;   |
| · | tax-exempt                                             
 entities;                                              |
| · | governments                                            
 or agencies or instrumentalities thereof;              |
| · | insurance                                              
 companies;                                             |
| · | regulated                                              
 investment companies or real estate investment trusts; |
| · | expatriates                                            
 or former long-term residents of the United States;    |

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| · | persons                                                                                                                                     
 that actually or constructively own five percent or more of our voting shares or five percent or more of the total value of all classes     
 of Ordinary Shares;                                                                                                                         |
| · | persons                                                                                                                                     
 that acquired Class A Ordinary Shares pursuant to an exercise of employee share options or upon payout of a restricted stock unit,          
 in connection with employee share incentive plans or otherwise as compensation;                                                             |
| · | persons                                                                                                                                     
 that hold Class A Ordinary Shares as part of a straddle, constructive sale, hedging, conversion or other integrated or similar transaction; |
| · | partnerships                                                                                                                                
 (or entities or arrangements treated as partnerships or other pass-through entities for U.S. federal income tax purposes), or persons       
 holding Class A Ordinary Shares through such partnerships or other pass-through entities; persons whose functional currency is not          
 the U.S. dollar; or                                                                                                                         |
| · | accrual