On January 29, 2021, Climate Real Impact Solutions II Acquisition Corporation consummated the IPO of 24,150,000 units (the “Units”), including 3,150,000 Units sold pursuant to the full exercise of the underwriters’ option to purchase additional Units to cover overallotments. On January 26, 2021, in connection with the IPO, Richard Kauffman, Tanuja Dehne, Dawn Lippert, Ron Lumbra and Jamie Weinstein (the “New Directors” and, collectively with David Crane, the “Directors”) were appointed to the board of directors of the Company (the “Board”). Effective January 26, 2021, each of Mr. Kauffman, Ms. Dehne and Ms. Lippert was appointed to the Board’s Audit Committee and each of Mr. Kauffman, Ms. Dehne, Ms. Lippert and Mr. Lumbra was appointed to the Board’s Compensation Committee and Nominating and Corporate Governance Committee, with Mr. Kauffman serving as chair of the Audit Committee, Ms. Lippert serving as chair of the Compensation Committee and Ms. Dehne serving as chair of the Nominating and Corporate Governance Committee. The members of the Sponsor that are affiliated with Pacific Investment Management Company LLC (the “PIMCO private funds”), collectively, and the member of the Sponsor that is majority owned by David Crane, John Cavalier and Elizabeth Comstock (the “CRIS consortium”) each have the right to designate one director for nomination to the Board. Mr. Crane was appointed as the CRIS consortium’s initial designee and Mr. Weinstein was appointed as the PIMCO private funds’ initial designee.