Item Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On October 14, 2021, Atlas Crest Investment Corp. II (the "Company") appointed Nicholas Nickerson as its Chief Operating Officer. Prior to joining the Company, from 2014 to 2021, Mr. Nickerson worked as a Vice President and Associate in the Real Estate, Gaming, Lodging and Leisure Investment Banking group at Deutsche Bank Securities, Inc. From 2013 to 2014, Mr. Nickerson worked in the Real Estate Investment Banking Group at Oppenheimer & Co. Inc. Previously, Mr. Nickerson worked at Green Street Advisors from 2009 to 2012, most recently as a Senior Equity Research Associate. Mr. Nickerson received a B.S. in Economics from Duke University.

On October 14, 2021, Mr. Nickerson became a member of Atlas Crest Investment II LLC, our sponsor. The Company will reimburse Mr. Nickerson for expenses incurred in connection with his role as Chief Operating Officer. In addition, Mr. Nickerson and the Company have entered into an indemnification agreement substantially in the form attached as Exhibit 10.5 to the Form 8-K filed by the Company with the Securities and Exchange Commission on February 1, 2021.

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