On March 9, 2021, in connection with the IPO, Lee J. Solomon, Emil W. Henry, Jr. and Manny De Zarraga were appointed to the board of directors of the Colonnade Acquisition Corp. II (Company) (the “Board”). Effective March 9, 2021, Messrs. Solomon, Henry and De Zarraga were appointed to the Board’s Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee with Mr. Solomon serving as chair of the Audit Committee, Mr. De Zarraga serving as chair of the Compensation Committee and Mr. Henry serving as chair of the Nominating and Corporate Governance Committee. Following the appointment of Messrs. Solomon, Henry and De Zarraga, the Board is comprised of the following three classes: the term of office of the first class of directors, Class I, consists of Mr. Henry 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 Messrs. Solomon and De Zarraga 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 Joseph S. Sambuco and Remy W. Trafelet and will expire at the Company’s third annual meeting of shareholders.