ARBGU Aequi Acquisition Corporation

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 23, 2022, the Board of Directors (the “Board”) of Aequi Acquisition Corp., a Delaware corporation (the “Company”), appointed Susan Hassan to serve as the Chief Operating Officer of the Company, effective as of July 1, 2022, and as a member of the Board.

Ms. Susan Hassan, age 51, founded Sea Dune Partners in October 2020, a firm providing capital and strategic advice to early-stage and growth companies, with a particular focus on women founders and entrepreneurs, since January 2022. Prior to founding Sea Dune Partners, Ms. Hassan was a partner with Valor Equity Partners, a private equity firm focusing on tech-enabled growth companies, from June 2015 to June 2017. Prior to joining Valor Equity Partners, Ms. Hassan was an attorney and a corporate partner at Skadden, Arps, Slate, Meagher & Flom LLP from October 1996 to May 2015. Ms. Hassan has served as an invited lecturer on corporate transactions at Harvard Law School and the University of Chicago Law School. In 2009, the Aspen Institute named Ms. Hassan a Henry Crown Fellow. She is a member of the Aspen Global Leadership Network. Ms. Hassan currently serves as the Vice Chair of the board of directors of CARE USA and on the board of CARE Enterprises, Inc. Ms. Hassan formerly served on the Board of Trustees of Equality Now, where she served as Board Chair. She has also served on the boards of directors of The Clean Energy Trust, where she served as Lead Director, the Women's Sports Foundation and the Chicago Public Library and is a member of the Economic Club of Chicago and a former board member and member of The Chicago Network. Ms. Hassan received a B.A. from the University of Michigan and a J.D. from the University of Michigan Law School.

There are no family relationships between Ms. Hassan and any director or executive officer of the Company. There are no transactions between the Company and Ms. Hassan that are subject to disclosure under Item 404(a) of Regulation S-K.

In connection with the appointment, in September 2022, the Company and Ms. Hassan entered into a certain letter agreement, registration rights agreement and indemnification agreement, which are substantially similar to the letter agreement, registration rights agreement and indemnification agreements, respectively, entered into by the other officers and directors in connection with the Company’s initial public offering.