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A share option scheme was entered into during 2019 to incentivise and retain key employees of the
group. The options vest if the company undergoes an exit event, but will lapse after ten years or if the
holder ceases to be an employee. There were 26,341 (2020: nil) C Ordinary shares granted under
options during the year, no (2020: nil) options exercised during the year, and 36,283 (2020: nil) options
lapsing during the year, leaving 62,624 (2020: 72,566) options outstanding at 31 December 2021. The
weighted average exercise price is £0.016434.
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