Company: CGCT
Filing Date: 2025-04-14
Form Type: S-1/A
Source: 0001104659-25-034635
Chunk: 236

Company: Cartesian Growth Corp III
Filing Date: 2025-04-14
Form: S-1/A
Chunk 236
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 background in corporate litigation, where he handled a wide array
of complex matters.

Number and Terms of Office of Officers and Directors

Our board of directors will consist of five members
and will be divided into three classes with only one class of directors being appointed in each year, and with each class (except for
those directors appointed prior to our first annual general meeting) serving a three-year term. Prior to the closing of our initial business
combination, only holders of our Class B ordinary shares will be entitled to vote on the appointment and removal of directors or
continuing the company in a jurisdiction outside the Cayman Islands (including any special resolution required to amend our constitutional
documents or to adopt new constitutional documents, in each case, as a result of our approving a transfer by way of continuation in a
jurisdiction outside the Cayman Islands). Holders of our public shares will not be entitled to vote on such matters during such time.
These provisions of our amended and restated memorandum and articles of association relating to these rights of holders of Class B
ordinary shares may be amended by a special resolution passed by the affirmative vote of at least 90% (or, where such amendment is proposed
in respect of the consummation of our initial business combination, two-thirds) of the votes cast by such shareholders as, being entitled
to do so, vote in person or, where proxies are allowed, by proxy at the applicable general meeting of the company. In accordance with
Nasdaq corporate governance requirements, we are not required to hold an annual general meeting until one year after our first fiscal
year end following our listing on Nasdaq. The term of office of the first class of directors, which will consist of Sanford Litvack,
will expire at our first annual general meeting. The term of office of the second class of directors, which will consist of Ali Bouzarif
and Kevin Gold, will expire at the second annual general meeting. The term of office of the third class of directors, which will consist
of Peter Yu and Rafael de Luque, will expire at the third annual general meeting.

Our officers are appointed by the board of directors
and serve at the discretion of the board of directors, rather than for specific terms of office. Our board of directors is authorized
to vote to appoint officers as it deems appropriate pursuant to our amended and restated memorandum and articles of association.

Director Independence

Nasdaq rules require that a majority of
our board of directors be independent within one year of our initial