Item 5.02 Departure of Directors or Certain Officers; Election of Directors;

Appointment of Certain Officers; Compensatory Arrangements of Certain

Officers.

On July 13, 2021, the Board of Directors (the "Board") of GigInternational1, Inc., a Delaware corporation (the "Company") approved the payment by the Company of advisory fees to directors in connection with certain activities on our behalf, such as identifying and investigating possible business targets and business combinations as well as pertaining to board committee service and administrative and analytical services. These advisory fees will be paid monthly, and include payments to Dr. Avi S. Katz, the Executive Chairman of the Board, and Dr. Raluca Dinu, the President and Chief Executive Officer. The monthly amounts approved are as follows:





                         Dr. Avi S. Katz        $ 15,000
                         Dr. Raluca Dinu        $ 15,000
                         Dorothy D. Hayes       $  5,000
                         Ra'anan Horowitz       $  4,000
                         Andrea Betti-Berutto   $  2,000
                         Peter Wang             $  2,000

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