Certain Class B ordinary shares of Cartesian Growth Corporation III are subject to a Lock-Up Agreement Ending on 29-OCT-2025. These Class B ordinary shares will be under lockup for 180 days starting from 2-MAY-2025 to 29-OCT-2025.

Details:
The shareholders and officers and directors have agreed that, for a period of 180 days from the date of this prospectus, the company and they will not, without the prior written consent of the representative, offer, sell, contract to sell, pledge, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend or otherwise transfer or dispose of, directly or indirectly, any units, warrants, ordinary shares or any other securities convertible into, or exercisable or exchangeable for, any units, ordinary shares, founder shares or warrants, subject to certain exceptions. The representative in its sole discretion may release any of the securities subject to these lock-up agreements at any time without notice, other than in the case of the officers and directors, which shall be with notice. The company's initial shareholders, officers and directors are also subject to separate transfer restrictions on their founder shares and private placement warrants pursuant to the letter agreements described herein.