Entity/Individual

Amount of Compensation to be
Received or Securities Issued or
to be Issued

Consideration Paid or to be Paid

Union Street Sponsor, LLC

$25,000 per month

For office space, utilities and secretarial and administrative support and other services

7,666,667 Class B Ordinary Shares (of which 1,000,000 are subject to forfeiture to the extent the underwriters do not exercise their over-allotment option).

$25,000

390,000 private placement units

$3,900,000 or $10.00 per private placement unit

Union Street Management
Sponsor, LLC

Up to $400,000 in loans

Repayment of loans made to us to cover offering related and organizational expenses.

Holders of Class B ordinary shares

Anti-dilution protection upon conversion into Class A ordinary shares at a greater than one-to-one ratio

Issuance of the Class A ordinary shares issuable in connection with the conversion of the founder shares on a greater than one-to-one basis upon conversion

Union Street Sponsor, LLC, our officers, directors, or their respective affiliates

Finder’s fees, advisory fees, consulting fees or success fees

Any services in order to effectuate the completion of our initial business, which, if made prior to the completion of our initial business combination, will be paid from funds held outside the trust account

Reimbursement for any out-of-pocket expenses related to identifying, investigating and completing an initial business combination

Services in connection with identifying, investigating and completing an initial business combination

Up to $1,500,000 in working capital loans, which loans may be convertible into private placement units of the post-business combination entity at a price of $10.00 per unit

Working capital loans to finance transaction costs in connection with an initial business combination