On January 20, 2021, Dr. Varun Sivaram informed the Board of Directors of Peridot Acquisition Corp. of his intention to resign as a director of the Company effective immediately. Dr. Sivaram expects to serve as an advisor to the administration of United States President Joseph R. Biden, Jr., and his resignation was not due to any disagreement with the Company. Jonathan Silver is expected to replace Dr. Sivaram as the chairperson of the Nominating and Corporate Governance Committee of the Board. In order for the Company to maintain a board comprised of a majority of independent directors as required by the New York Stock Exchange, Mr. Tomas Ackerman has also resigned as a member of the Board, effective immediately.