Company: PAX
Filing Date: 2025-01-16
Form Type: 424B3
Source: 0000950103-25-000600
Chunk: 31

Company: Patria Investments Ltd
Filing Date: 2025-01-16
Form: 424B3
Chunk 31
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Matarazzo Neto, Otavio Lopes Castello Branco Neto, Alexandre Teixeira de Assumpção Saigh, Pablo Echeverría Benítez,
Sabrina Bridgett Foster, Jennifer Anne Collins and Glen George Wigney. Sabrina Bridgett Foster, Jennifer Anne Collins and Glen George
Wigney are “independent” as that term is defined under the applicable rules and regulations of the SEC and the listing standards
of Nasdaq. For more information on the current composition of our board of directors and our independent directors, see “Item 6.
Directors, Senior Management and Employees—A. Directors and Senior Management” in our 2022 Form 20-F.

Any vacancies on the board
of directors that arise other than upon the removal of a director by resolution passed at a general meeting can be filled by the remaining
directors (notwithstanding that they may constitute less than a quorum). Any such appointment shall be as an interim director to fill
such vacancy until the next annual general meeting of shareholders.

Additions to the existing
board (within the limits set pursuant to the Articles of Association) may be made by ordinary resolution of the shareholders.

Since the completion of our
initial public offering, our board of directors has in place an audit committee. See “Item 6. Directors, Senior Management and Employees—C.
Board Practices—Audit Committee” in our 2022 Form 20-F.

Grounds for Removing a Director

A director may be removed
with or without cause by ordinary resolution. The notice of general meeting must contain a statement of the intention to remove the director
and must be served on the director not less than 10 calendar days before the meeting. The director is entitled to attend the meeting and
be heard on the motion for his or her removal.

The office of a director
will be vacated automatically if he or she (1) becomes prohibited by law from being a director, (2) becomes bankrupt or makes
an arrangement or composition with his creditors, (3) dies or is in the opinion of all his or her co-directors, incapable by reason
of mental disorder of discharging his or her duties as director, (4) resigns his or her office by notice to us or (5) has for
more than six months been absent without permission of the directors from meetings of the board of directors held during that period,
and the remaining directors resolve that his or her office be vacated.

Proceed