Item 5.02 Departure of Directors or Certain Officers? Election of Directors?
Appointment of Certain Officers? Compensatory Arrangements of Certain
Officers.
On December 20, 2022, Geoffrey Strong resigned as Chief Executive Officer and
Director of Acropolis Infrastructure Acquisition Corp. (the "Company"),
effective upon acceptance by the board of directors of the Company (the
"Board"). Mr. Strong did not resign due to any disagreement with the Company on
any matter relating to its operations, policies or practices.
Also on December 20, 2022, the Board accepted Mr. Strong's resignation and
appointed Sanjay Patel to succeed Mr. Strong as Chief Executive Officer and
Director, effective immediately. Mr. Patel will serve as a Class I director
until the Company's first annual meeting of stockholders and until his successor
is duly elected and qualified (or his earlier death, resignation or removal).
Mr. Patel is Chairman International and Partner of Private Equity of Apollo
Global Management, Inc. ("Apollo"), with responsibility for helping to build and
develop Apollo's international businesses. He was formerly Head of Europe and
managing partner of Apollo European Principal Finance. Mr. Patel serves as
Apollo Strategic Growth Capital II's Chief Executive Officer and Director and
previously served as the Chief Executive Officer and Director of Apollo
Strategic Growth Capital. He currently serves on the board of directors of Tegra
Apparel; he previously also served on the boards of directors of Amissima
Holdings, Brit Insurance, Countrywide PLC and Watches of Switzerland. Mr. Patel
joined Apollo in 2010 as Head of International Private Equity. Prior to Apollo,
Mr. Patel was a partner at Goldman, Sachs & Co., where he was co-head of
European and Indian Private Equity for the Principal Investment Area (PIA), a
member of the Goldman Sachs Partnership Committee and a member of the Investment
Committee of the Goldman Sachs Foundation. Prior thereto, he was President of
Greenwich Street Capital. Mr. Patel is a member of the Harvard Graduate School
of Design Dean's Leadership Council and the Stanford Graduate School of Business
Advisory Council. He also serves on the Investment Committee of the Eton College
Foundation and is a member of the Eton Development Advisory Council. He received
his AB and SM engineering degrees, magna cum laude, from Harvard College and
received his MBA degree from the Stanford Graduate School of Business, where he
was an Arjay Miller Scholar. He was educated at Eton College in the UK, where he
was a King's Scholar. We believe Mr. Patel's extensive financial background and
expertise in investing in public and private companies makes him well qualified
to serve on the Board.
In connection with his appointment, Mr. Patel entered into an indemnity
agreement and a letter agreement with the Company on the same terms as the
indemnity agreements and letter agreement entered into by the directors and
officers of the Company at the time of the Company's initial public offering.
In connection with his appointment to the Board, Mr. Patel will be reimbursed
for any out-of-pocket expenses incurred in connection with activities on the
Company's behalf such as identifying potential target businesses and performing
due diligence on suitable business combinations.
Other than the foregoing, Mr. Patel is not party to any arrangement or
understanding with any person pursuant to which he was appointed as director,
nor is he party to any transactions required to be disclosed under Item 404(a)
of Regulation S-K involving the Company.
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ACROPOLIS INFRASTRUCTURE ACQUISITION CORP. 
