On February 4, 2021, Ark Global Acquisition Corp. (the “Company”) consummated its initial public offering (“IPO”) of 34,500,000 units (the “Units”), including the issuance of 4,500,000 Units as a result of the underwriters’ exercise of their over-allotment option in full. In connection with the IPO, on February 4, 2021, Stephen Smith, Jason Harinstein and Katie May (collectively, the “Directors”) were appointed to the board of directors of the Company (the “Board”). The Board has determined that the Directors are independent directors within the meaning of applicable SEC and Nasdaq rules. Effective February 4, 2021, Mr. Smith, Mr. Harinstein and Ms. May were appointed to the Board’s Audit Committee, with Mr. Harinstein serving as chair of the Audit Committee. Effective February 4, 2021, Ms. May and Mr. Harinstein were also appointed to the Board’s Compensation Committee, with Ms. May serving as chair of the Compensation Committee.