ClimateRock entered into a loan agreement with Eternal BV (the “Lender”), in the principal amount of up to $300,000, on an unsecured basis and bearing no interest (the “Loan”). The Loan is available to be drawn down from November 12, 2022 to March 31, 2023 and its maturity date is March 31, 2024. As of November 14, 2022, the Loan has been fully drawn down.