HORI Emerging Markets Horizon Corporation

On March 23, 2022, Bernard Abdelmalak resigned from his positions as Chief Financial Officer and member of the Board of Directors (the “Board”) of Emerging Markets Horizon Corp. (the “Company”), effective immediately. Mr. Abdelmalak’s resignation was not the result of any dispute or disagreement with the Company or the Board on any matter relating to the Company’s operations, policies or practices, including its controls of financial-related matters.

In connection with Mr. Abdelmalak’s resignation, on March 23, 2022, the Board appointed Jonathan Neill to serve as a member of the Board and Chief Financial Officer of the Company, effective immediately.

Mr. Neill is the founding partner of FPP Asset Management LLP and has nearly 30 years of investment management experience. From 1990 to 1998, he was senior investment manager at Pictet Asset Management London, jointly responsible for the groups’ specialist equity business of international smaller companies and emerging markets. Prior to Pictet Asset Management London, Mr. Neill worked at Mercury Asset Management from 1988 to 1990 as a manager of specialist international growth stocks and a specialist UK growth fund. He began his career in 1986 at Oppenheimer Fund Management. Mr. Neill holds a BA Honors French from the University of Bristol in the United Kingdom.

In connection with the appointment, on March 23, 2022, the Company and Mr. Neill entered into a letter agreement (the “Letter Agreement”) and an indemnification agreement (the “Indemnification Agreement”), which are substantially similar to the letter agreement and indemnification agreements, respectively, previously entered into by and between the Company and each of its other directors in connection with the Company’s initial public offering. Copies of the Letter Agreement and the Indemnification Agreement are attached hereto as Exhibit 10.1 and Exhibit 10.2, respectively, and incorporated by reference in this Item 5.02.

There are no other arrangements or understandings between Mr. Neill and any other person pursuant to which Mr. Neill was appointed as a member of the Board and the Chief Financial Officer of the Company. There are no family relationships between Mr. Neill and any director or executive officer of the Company, and the Company has not entered into any transactions with Mr. Neill that would require disclosure under Item 404(a) of Regulation S-K.