Warburg Pincus Capital I-B ^{Priced, NYSE: WPCB.U}

Warburg Pincus Capital Corporation I-B is a newly organized blank check company. We intend to identify a target with strong fundamental growth that could benefit from Warburg Pincus' longstanding experience, global presence, domain expertise, operational support and extensive networks and that presents potential for an attractive risk-adjusted return profile. Following a business combination, we intend to work with the target's management team to help drive growth and long term, sustainable value creation at the company. Our sponsor is an affiliate of Warburg Pincus. Our management team is comprised of Christopher H. Turner, as our Executive Chairman and Chief Executive Officer, Tara O'Neill, as our Chief Financial Officer and member of our board of directors, and Mark Colodny, James Neary and Anesa Chaibi as our independent directors. Our objective is to identify, acquire and combine businesses to facilitate the growth of a company in the public markets. Our investment team's experience and knowledge of industry sectors enables us to invest through a variety of economic cycles based on clear theses driven by long-term perspectives on industries and their growth prospects.