On January 11, 2022, in connection with the IPO, Christopher Jurasek, Boris Silver and Woodrow H. Levin were appointed to the board of directors of 10X Capital Venture Acquisition Corp. III. Messrs.

Jurasek, Silver and Levin are independent directors. Effective January 11, 2022, Messrs. Jurasek, Silver and Levin were appointed to the Board's Audit Committee, the Board's Nominating and Corporate Governance Committee and the Board's Compensation Committee, with Mr. Jurasek serving as chair of the Audit Committee and Mr. Levin serving as chair of both the Nominating and Corporate Governance Committee and the Compensation Committee.

Following the appointment of Messrs. Jurasek, Silver and Levin, the Board is comprised of the following three classes: the term of office of the first class of directors, Class I, consists of Mr. Jurasek and will expire at the Company's first annual meeting of shareholders; the term of office of the second class of directors, Class II, consists of Messers. Silver and Levin and will expire at the Company's second annual meeting of shareholders; and the term of office of the third class of directors, Class III, consists of Hans Thomas and David Weisburd and will expire at the Company's third annual meeting of shareholders.