Common use of Phase 1 Clause in Contracts

Phase 1. The Warrant will become exercisable for a number of Warrant Shares that is equal to 55,086 constituting 0.50% of the Company’s total outstanding ordinary shares as converted to ADSs that are issued and outstanding on the date hereof if and when the Phase 1 KPI is achieved as provided for in the Strategic Advisory Agreement.

Phase 1. The Warrant will become exercisable for a number of Warrant Shares that is equal to 55,086 22,034 constituting 0.500.20% of the Company’s total outstanding ordinary shares as converted to ADSs that are issued and outstanding on the date hereof if and when the Phase 1 KPI is achieved as provided ▇▇▇▇▇▇▇▇▇ for in the Strategic Advisory Agreement.

Phase 1. The Warrant will become exercisable for a number of Warrant Shares that is equal to 55,086 22,034 constituting 0.500.20% of the Company’s total outstanding ordinary shares as converted to ADSs that are issued and outstanding on the date hereof if and when the Phase 1 KPI is achieved as provided for in the Strategic Advisory Agreement.

Phase 1. The Warrant will become exercisable for a number of Warrant Shares that is equal to 55,086 constituting 0.500.5% of the Company’s total outstanding ordinary shares as converted to ADSs that are issued and outstanding on the date hereof if and when the Phase 1 KPI is achieved as provided for in the Strategic Advisory Agreement.