Company: CGCT
Filing Date: 2025-03-05
Form Type: S-1/A
Source: 0001104659-25-020969
Chunk: 236

Company: Cartesian Growth Corp III
Filing Date: 2025-03-05
Form: S-1/A
Chunk 236
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if, Kevin Gold and Sanford Litvack. Kevin Gold will serve as chair of the compensation committee. Under the
Nasdaq listing standards and applicable SEC rules, we are required to have a compensation committee of at least two members, all of whom
must be independent. Ali Bouzarif, Kevin Gold and Sanford Litvack are each independent. We will adopt a compensation committee charter,
which will detail the principal functions of the compensation committee, including:

| · | reviewing                                                                                 
 and approving on an annual basis the corporate goals and objectives relevant to our chief 
 executive officer’s compensation, evaluating our chief executive officer’s performance    
 in light of such goals and objectives and determining and approving the remuneration (if  
 any) of our chief executive officer’s based on such evaluation;                           |

| · | reviewing                                                                                   
 and making recommendations to our board of directors with respect to the compensation, and  
 any incentive compensation and equity based plans that are subject to board approval of all 
 of our other officers;                                                                      |

| · | reviewing                                      
 our executive compensation policies and plans; |

| · | implementing                                                                  
 and administering our incentive compensation equity-based remuneration plans; |

| · | assisting                                                                                   
 management in complying with our proxy statement and annual report disclosure requirements; |

| · | approving                                                                                 
 all special perquisites, special cash payments and other special compensation and benefit 
 arrangements for our executive officers and employees;                                    |

| · | producing                                                                            
 a report on executive compensation to be included in our annual proxy statement; and |

| · | reviewing,                                                                              
 evaluating and recommending changes, if appropriate, to the remuneration for directors. |

The charter will also provide that the compensation
committee may, in its sole discretion, retain or obtain the advice of a compensation consultant, legal counsel or other adviser and will
be directly responsible for the appointment, compensation and oversight of the work of any such adviser. However, before engaging or
receiving advice from a compensation consultant, external legal counsel or any other adviser, the compensation committee will consider
the independence of each such adviser, including the factors required by Nasdaq and the SEC.

Director Nominations

We do not have a standing nominating committee
though we intend to form a corporate governance and nominating committee as and when required to do so by law or Nasdaq rules. In accordance
with Rule 5605(e)of the Nasdaq rules, a majority of the independent directors may recommend a director nominee for selection by
our board of directors.