Valuation Model - 3 rounds Capitalization Table Common Stock Distribution Pre A Pre B Post E Pre C Post C Founders Shares Pre-Financing Post A Shares Shares 2,000 16.00% 9.21% 2,000 5.14% 2,000 3,125 25.00% 14.39% 3,125 3,125 6.17% 5,750 26.48% 5,750 14.79% 5,750 11.36% O 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% Total for Insiders 10,875 87.00% 50.09% 10,875 27.97% 10,875 21.49% consultant #1 588 5.50% 3.17% 688 1.77% 1.36% 0.00% 0 0.00% 0 0.00% 0.00% 0 0.00% 0.00% 0.00% 0 0.00% 0.00% 0.00% 0 0.00% 0 0.00% ISO Pool - A Round 937 7.50% 4.32% 937 2.41% 937 1.85% ISO Pool - B Round 2,000 5.14% 2,000 3.95% SO Pool - C Round 4,500 8.89% Total ISO Pool 937 7.50% 4.32% 2,937 12.70% 7,437 14.69% Total Shares - fully diluted Issued 100.00% 57.58% 14,500 37.29% 19,000 37.54% Authorized shares 60,000 Treasury Stock 37,500 Shares Price per share Investor Round A (Prod Dev) Dollars Post B Post C Issued percent Pre-money Valuation - Series A 12,500 $ 380.0 Series A Round Contribution $ 3,500,000 9,211 $ 380.00 23.69% 18.20% Post-money Valuation - Series A S 8,250,000 Issued 380.00 December-20 Treasury Stock 28,289 # Shares Investor Round B (Market Launch) Dollars Price per share Post C Issued percent Pre B New ISO Pool 2,000 Pre-money Valuation - Series B $ 12,500,000 23,711 Series B Round Contribution 15,175 39.02% Post-money Valuation - Series B $ 20,500,000 Issued 38,885 September-21 Treasury Stock 11,115 # Shares Investor Round C (Scale) Dollars Issued Price per share percent Pre C New ISO Pool 4,500 Pre-money Valuation - Series C $ 30,000,000 43,385 $ 691.48 Series C Round Contribution $ 5,000,000 691.48 Post-money Valuation - Series C $ 35,000,000 Issued 50,616 $ 691.48 June-22 Total to Investors Treasury Stock 9,384 62.46% Corporate Partner/Buyout $ 60,000,000 Price per share October-23