Spectaire Holdings Inc. announced that on May 16, 2024, Tao Tan gave notice of his resignation from the Board of Directors of the company and its committees, which resignation was effective as of May 22, 2024. Mr. Tan?s decision to resign was not the result of any disagreement with the Company on any matter related to the Company?s operations, policies or practices, or the Company?s management or Board. On May 22, 2024, the Board appointed Rick Gaenzle as a member of the Board to fill the vacancy created by Mr. Tan?s resignation.

Mr. Gaenzle will also serve on the Audit Committee of the Board. Mr. Gaenzle has over 30 years of private equity investment and corporate finance experience; He currently serves as the Chief Executive Officer and a member of the board of directors of Perception Capital Corp. III, and Perception Capital Corp.

IV., and Managing Member of Perception Capital Partners L.L.C., the Sponsor. He is a Managing Member of Ocean Lane Partners, L.L.C. and a co-founder and Managing Director of Gilbert Global Equity Capital, L.L.C., the principal investment advisor to Gilbert Global Equity Partners, L.P. and related entities, a $1.2 billion leveraged buyout and private equity fund. Previously, Mr. Gaenzle was a Principal of Soros Capital L.P., the principal venture capital and leveraged equity entity of the Quantum Group of Funds and a principal advisor to Quantum Industrial Holdings Ltd. Prior to joining Soros Capital, Mr. Gaenzle held various positions at PaineWebber Inc. Mr. Gaenzle previously served on the boards of CPM Holdings Inc., True Temper Corp, Optical Capital Group Inc., Birch Telecommunications Inc., E-via S.p.A., Tinka-ServiCos de Consultoria, S.A., the LaserSharp Corporation, Perception Capital Corp.

II, and Sustainable Opportunities. Mr. Gaenzle holds a B.A. from Hartwick College and an M.B.A. from Fordham University. They believe Mr. Gaenzle?s substantial business experience makes him well qualified to serve on board.