on June 1, 2022, Tribe Capital Markets LLC withdrew as a member of sponsor, Tribe Arrow Holdings I LLC. In conjunction with the withdrawal of Tribe as a member of the Sponsor, on July 26, 2022, the following actions occurred (i) Arjun Sethi resigned in his capacity as Chief Executive Officer of Iris Acquisition Corp. (formerly known as Tribe Capital Growth Corp.

I) (the “Company”). Effective July 26, 2022, the Board of Directors of the Company subsequently appointed (i) Sumit Mehta to serve as the Company's Chief Executive Officer. Sumit Mehta was previously the Vice President of the Company.

Mr. Mehta has been a Managing Director at Arrow Capital since 2019 where he heads the Special Situations Group focused on M&A Advisory, Corporate Finance and Private Equity. He has over 17 years of experience in this industry. In his previous role, starting in 2007, Mr. Mehta was the head of Deal Structuring & Advisory at Daman Investments, one of the leading investment companies in Dubai and family/investment office of Gargash Group, a prominent business group in the Gulf Cooperation Council (GCC).

Mr. Mehta started his career with ABN AMRO in India as an investment advisor prior to moving to the Middle East. Mr. Mehta has a BA in Economics from Delhi University and an MBA from Cass School of Business.