Centricus Heritage LLC - May 6, 2021 Form 4 Insider Report for Centricus Acquisition Corp. (CENH)

Role: 10%+ Owner
Signature: /s/ Garth Ritchie, Manager of Centricus Heritage LLC
Stock symbol: CENH
Transactions as of: May 6, 2021
Transactions value $: $60
Form type: 4
Date filed: 5/7/2021, 04:42 PM

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CENH	Class B ordinary shares	Other	$60.00	+20K	+0.23%	$0.00^*	8.59M	May 6, 2021	Class A ordinary shares	20K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Class B ordinary shares will automatically convert into shares of the Issuer's Class A ordinary shares at the completion of the Issuer's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, as described under the heading "Description of Securities--Founder Shares" in the Issuer's registration statement on form S-1 (File No. 333-251856) (the "Registration Statement") and have no expiration date.
F2	On May 6, 2021, in connection with Adam M. Aron's appointment as an independent director of the Issuer, the Reporting Person transferred 20,000 Class B ordinary shares of the Issuer to Mr. Aron.

Content

The Class B ordinary shares will automatically convert into shares of the Issuer's Class A ordinary shares at the completion of the Issuer's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, as described under the heading "Description of Securities--Founder Shares" in the Issuer's registration statement on form S-1 (File No. 333-251856) (the "Registration Statement") and have no expiration date.

On May 6, 2021, in connection with Adam M. Aron's appointment as an independent director of the Issuer, the Reporting Person transferred 20,000 Class B ordinary shares of the Issuer to Mr. Aron.