We have number of common shares pre money, and safes. Calculate pro forma cap table for a $2mn seed round with all safes converting into separate preferred shares and 10% target option pool. Use $6mn as pre-money valuation

Common shares:

SAFES with valuation cap and discount:

A B C D E F G H I J L M N P Q 1 2 Question: 3 There is no stock option pool currently. Include a 10% option pool post-closing of the financing. 4 Produce a pro forma cap table that maps out the existing capitalization of ABC and factors in a CAD$2M series seed preferred share financing in which the SAFEs all convert into a separate series of preferred shares. 5 Use pre-money valuation of $6,000,000 6 7 Common Shares FD% Cameron 600,000 32.52% Aaron Rokstad 600,000 32.52% Renu 300,000 16.26% Jeff 160,000 8.67% 1.17% David R 21,505 21,505 Patrick z 1.17% Tom Banff 107,527 5.83% Denis Marleau 34,409 1.87% 1,844,946 100.00% Type Name Amount Issue Date Interest Rate Discount Valuation Cap SAFE Sanchez T. $10,000 15-Oct-19 20% SAFE Eliza Fark 25-Oct-19 20% $10,000 $30,000 $3,000,000 $3,000,000 $3,000,000 SAFE Lymework 01-Nov-19 20% SAFE Stephan $150,000 12-Dec-19 20% $3,000,000 SAFE P. Marleau 18-Jun-20 20% SAFE P.Michael 19-Jun-20 20% SAFE TSX financial 23-Jun-20 20% $6,000,000 $6,000,000 $6,000,000 $6,000,000 $6,000,000 SAFE Robbie 23-Jun-20 $75,000 $25,000 $30,000 $25,000 $50,000 $25,000 $25,000 $25,000 20% SAFE Commodora 23-Jun-20 20% SAFE Frank Y. 24-Jun-20 20% SAFE Dwayne J. 24-Jun-20 20% $6,000,000 $6,000,000 $6,000,000 SAFE Jeremy M 25-Jun-20 20% SAFE Christian $50,000 25-Jun-20 20% $6,000,000 SAFE JAMCOR $25,000 25-Jun-20 20% $6,000,000 SAFE Melissa $30,000 26-Jun-20 20% $6,000,000 SAFE Amy Chung $40,000 29-Jun-20 20% $6,000,000 SAFE Dustin $25,000 30-Jun-20 20% $6,000,000 SAFE Stephan $150,000 01-Aug-20 20% $6,000,000 SAFE DK Capital Corp. $50,000 17-Aug-20 20% $6,000,000 A B C D E F G H I J L M N P Q 1 2 Question: 3 There is no stock option pool currently. Include a 10% option pool post-closing of the financing. 4 Produce a pro forma cap table that maps out the existing capitalization of ABC and factors in a CAD$2M series seed preferred share financing in which the SAFEs all convert into a separate series of preferred shares. 5 Use pre-money valuation of $6,000,000 6 7 Common Shares FD% Cameron 600,000 32.52% Aaron Rokstad 600,000 32.52% Renu 300,000 16.26% Jeff 160,000 8.67% 1.17% David R 21,505 21,505 Patrick z 1.17% Tom Banff 107,527 5.83% Denis Marleau 34,409 1.87% 1,844,946 100.00% Type Name Amount Issue Date Interest Rate Discount Valuation Cap SAFE Sanchez T. $10,000 15-Oct-19 20% SAFE Eliza Fark 25-Oct-19 20% $10,000 $30,000 $3,000,000 $3,000,000 $3,000,000 SAFE Lymework 01-Nov-19 20% SAFE Stephan $150,000 12-Dec-19 20% $3,000,000 SAFE P. Marleau 18-Jun-20 20% SAFE P.Michael 19-Jun-20 20% SAFE TSX financial 23-Jun-20 20% $6,000,000 $6,000,000 $6,000,000 $6,000,000 $6,000,000 SAFE Robbie 23-Jun-20 $75,000 $25,000 $30,000 $25,000 $50,000 $25,000 $25,000 $25,000 20% SAFE Commodora 23-Jun-20 20% SAFE Frank Y. 24-Jun-20 20% SAFE Dwayne J. 24-Jun-20 20% $6,000,000 $6,000,000 $6,000,000 SAFE Jeremy M 25-Jun-20 20% SAFE Christian $50,000 25-Jun-20 20% $6,000,000 SAFE JAMCOR $25,000 25-Jun-20 20% $6,000,000 SAFE Melissa $30,000 26-Jun-20 20% $6,000,000 SAFE Amy Chung $40,000 29-Jun-20 20% $6,000,000 SAFE Dustin $25,000 30-Jun-20 20% $6,000,000 SAFE Stephan $150,000 01-Aug-20 20% $6,000,000 SAFE DK Capital Corp. $50,000 17-Aug-20 20% $6,000,000