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 Chairman and Chief Executive Officer of Iris Acquisition Corp. (formerly known as Tribe Capital Growth Corp.

I) (the “Company”), (ii) Henry Ward resigned from his role as an independent director of the Company, (iii) Omar Chohan resigned from his role as Chief Financial Officer of the Company and (iv) Ted Maidenberg resigned from his role as Secretary of the Company. These departures were not the result of any disagreement between the Company and such individuals on any matter relating to the Company's operations, policies, or practices. 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, (ii) Lisha Parmar to serve as the Company's Chief Financial Officer, and (iii) Omkar Halady to serve as the Vice President of the Company.

Rohit Nanani, an existing director of the Company, will serve as Chairman of the Board of Directors. 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. Lisha Parmar is a seasoned financial services professional with over 13 years of experience in Asset Management, Corporate Finance, M&A and Private Equity advisory across sectors such as high growth Technology, Consumer care, Automobile, Real Estate, Insurance and Hospitality in global markets. Lisha is currently a Vice President at Arrow Capital, where she leads origination, strategy, structuring, due-diligence and closing of buy-side and sell-side M&A advisory, Private Debt and Equity Fund raising and capital market advisory transactions including working closely with Companies and Founders on driving business growth and value post transaction.

Prior to Arrow, Ms. Parmar served as a Senior Associate at Daman Investments from 2017 to 2019, one of the leading investment companies in Dubai and family/investment office of the Gargash Group in their Deal Structuring & Advisory Division. Ms. Parmar started her career with J.P. Morgan & Co in 2009 where she spent 7 years in J.P. Morgan Global Asset Management, responsible for portfolio management, research and investment analytics of Real Estate and Global Equities Fund Strategies with collectively $100+ billion in client assets. Ms. Lisha received her Masters in Management Studies in Finance from University of Mumbai and is currently pursuing a CFA designation.

Omkar Halady has over 11 years of experience in M&A, Private Equity and transactional advisory across sectors such as Education, Hospitality, Healthcare, Technology, FMCG and Food & Beverage. He has worked closely with founders of tech-driven businesses advising on growth strategy, fund raising and improving overall operations of company, guiding them through their growth journey. Mr. Halady is currently serving as a Senior Associate at Arrow Capital since 2021, responsible for buy-side and sell-side advisory transactions, Prior to Arrow, Mr. Halady worked as a consultant in various GCC based Private Consulting firms such as Ideal Management Consultants (UAE based Consulting Firm) and Falak Consulting (Bahrain based Consulting Firm) between 2013-2021.

Mr. Halady has also served in various analytical roles at Big 4 names such as Ernst & Young and Grant Thornton from 2010 -2013. Mr. Halady holds a Bachelors of Commerce from Periyar University.