X0206 3 2021-05-24 0 0001847874 Fifth Wall Acquisition Corp. III FWAC 0001847658 Fifth Wall Acquisition Sponsor III, LLC 6060 CENTER DRIVE 10TH FLOOR LOS ANGELES CA 90045 0 0 1 0 Class B Ordinary Shares Class A Ordinary Shares 7067500 D As described in the Issuer's Registration Statement under the heading "Description of Securities," the Class B Ordinary Shares will automatically convert into Class A Ordinary Shares of the Issuer at the time of the Issuer's initial business combination and have no expiration date. The shares of Class B Ordinary Shares owned by the Reporting Person includes up to 937,500 shares that are subject to forfeiture in the event the underwriters of the initial public offering of the issuer's securities do not exercise in full their over-allotment option as described in the issuer's registration statement. Fifth Wall Acquisition Sponsor III LLC, is the record holder of the shares reported herein. Fifth Wall Acquisition Sponsor III LLC is governed by two managers. Messr. Andriy Mykhaylovskyy and Brendan Wallace have shared voting and investment power over the shares held by Fifth Wall Acquisition Sponsor III LLC, and disclaim beneficial ownership of the shares held by Fifth Wall Acquisition Sponsor III LLC except to the extent of their pecuniary interest therein. /s/ Andriy Mykhaylovskyy, Manager 2021-05-24