Re: Iscfa and bucket of slopCielo is still in pre-revenue development-mode, conserving cash remains a priority, which must be balanced by providing a compelling and competitive opportunity for employees, officers and directors. In order to help achieve this balance, Cielo's stock-based compensation components, such as options, restricted share units and deferred share units, represent an integral part of the Company's overall compensation package. All employees of Cielo, who meet performance expectations after the three months' probation period, regardless of level, have been granted Options, to create an inclusive and egalitarian culture. This is intended to enhance alignment between employees and directors with external stakeholders and shareholders, while enabling Cielo to attract and retain high-quality employees. The Company believes incentive awards represent an important tool when faced with a tight labor market and rising inflation such as the prevailing environment, while also allowing Cielo to preserve working capital and continue to advance commercialization.