On March 18, 2021, in connection with the IPO, Kobi Rozengarten, Vadim Komissarov, Oded Melamed and Louis Lebedin were appointed to the board of directors of BYTE Acquisition Corp. Messrs. Komissarov, Melamed and Lebedin are independent directors. Effective March 18, 2021, Messrs. Komissarov, Melamed and Lebedin were appointed to the Board’s Audit Committee and Messrs. Komissarov and Melamed were appointed to the Board’s Compensation Committee, with Mr. Komissarov serving as chair of the Audit Committee and Mr. Melamed serving as chair of the Compensation Committee. Following the appointment of Messrs. Rozengarten, Komissarov, Melamed and Lebedin, the Board is comprised of the following three classes: the term of office of the first class of directors, Class I, consists of Mr. Lebedin and will expire at the Company’s first annual meeting of shareholders; the term of office of the second class of directors, Class II, consists of Mr. Melamed and Danny Yamin and will expire at the Company’s second annual meeting of shareholders; and the term of office of the third class of directors, Class III, consists of Messrs. Komissarov and Rozengarten and will expire at the Company’s third annual meeting of shareholders.