Climate Transition Special Opportunities SPAC I LP bought ETSS

Footnotes

Simultaneously with the consummation of the Issuer's initial public offering, Climate Transition Special Opportunities SPAC I LP (the "Sponsor") acquired, at a price of $1.00 per warrant, 3,500,000 (the "Private Placement Warrants") in a private placement for an aggregate purchase price of $3,500,000. Each whole private placement warrant is exercisable to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustment, terms and limitations, as described in the Registration Statement on Form S-1 (File No. 333-290458) related to the Issuer's initial public offering.; The Private Placement Warrants will become exercisable at any time commencing 30 days after the completion of the Company's initial business combination.; The Private Placement Warrants will expire five years after the completion of the Company's initial business combination, at 5:00 p.m., New York City time, or earlier upon redemption or liquidation.; The general partner of our sponsor is Climate Transition Special Opportunities SPAC I GP LLC, which is controlled indirectly by Robert Zulkoski. Accordingly, Mr. Zulkoski may be deemed to have beneficial ownership of the Class B ordinary shares held directly by our sponsor. Mr. Zulkoski disclaims such beneficial ownership other than to the extent of his pecuniary interest.