On January 6, 2021, in connection with the IPO, Christopher Carter, Hirofumi Katase, Francis P.T. Leung and Edward T. Welburn Jr. were appointed to the board of directors of Ivanhoe Capital Acquisition Corp. Effective January 6, 2021, Messrs. Carter, Welburn and Leung were appointed to the Board’s Audit Committee, Messrs. Welburn and Katase were appointed to the Board’s Compensation Committee and Messrs. Carter and Leung were appointed to the Board’s Nominating and Corporate Governance Committee with Mr. Carter serving as chair of the Audit Committee, Mr. Welburn serving as chair of the Compensation Committee and Mr. Leung serving as chair of the Nominating and Corporate Governance Committee. Following the appointment of Messrs. Carter, Katase, Leung and Welburn, the Board is comprised of the following three classes: the term of office of the first class of directors, Class I, consists of Messrs. Leung and Welburn 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. Carter and Katase 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 Messrs. Friedland and Boyd and will expire at the Company’s third annual meeting of shareholders.