On May 3, 2021, Matthew J. Smith was appointed as a member of the board of directors of Spartan Acquisition Corp. III, effective immediately. Prior to Mr. Smith’s appointment, one of the members of the Board’s Audit Committee, Geoffrey Strong, was not independent. In connection with Mr. Smith’s appointment to the Board, Mr. Smith will replace Mr. Strong as a member of the Board’s Audit Committee. Matthew J. Smith, age 43, currently serves as the Founder and Managing Partner of Deep Basin Capital LP since January 2017. Mr. Smith has over 16 years of investment management experience in the energy, renewable and utility sectors across both public and private investments, including the roles of portfolio manager at Citadel's Surveyor Capital Ltd. from June 2010 through January 2016, senior analyst in the energy and other cyclical sectors for Highfields Capital Management LP from January 2009 to December 2009 and Copper Arch Capital. LLC from July 2005 to December 2007 and as a financial analyst at Equity Office Properties Trust from August 2001 to May 2003. Mr. Smith is a CFA Charterholder.