The company is involved in ongoing litigation with Camac Fund, LP regarding 1,709,964 preferred shares that were allegedly purchased in 2017. These shares do not appear in the share register of the company and the company has no other record of these shares. The company has until now regarded the number of shares in dispute as below the materiality limit, in particular because the plaintiff has not presented the original share certificates and therefore the conversion ratio and other rights attaching to the preferred shares could not be verified. On February 17, 2022, the parties entered a Stipulation and Order to Mediate this matter through the Court’s Settlement Program. On 8 April 2022 the parties engaged in a settlement conference, during which it transpired that the Plaintiff is seeking damages in excess of US$3 million and/or common shares that would represent more than 30 per cent of the company’s outstanding stock if granted. The settlement conference did not resolve the dispute. The company is defending the action.