1.    That the Directors be and are hereby generally and unconditionally authorised pursuant to section 551 of the Companies Act 2006 (the “Act”), to exercise all powers of the Company to allot Relevant Securities:

(a) up to an aggregate nominal amount of £5,741,951); and

(b) otherwise than pursuant to paragraph (a) of this resolution, up to an aggregate nominal amount of £3,445,170 in connection with the issue of shares in the Company on the conversion of the £8.5 million convertible notes to be issued by the Company pursuant to an instrument entered into by the Company on or around 3-11-2021 (“Convertible Notes”),

provided that (unless previously revoked, varied or renewed) these authorities shall expire on the date which is 5 years after the passing of this resolution, save that, in each case the Company may make an offer or agreement before the authority expires which would or might require Relevant Securities to be allotted after the authority expires and the Directors may allot Relevant Securities pursuant to such offer or agreement as if the authority had not expired.

In this resolution, “Relevant Securities” means shares in the company or rights to subscribe for or to convert any security into shares in the Company; a reference to the allotment of Relevant Securities includes the grant of such a right; and a reference to the nominal amount of a Relevant Security which is a right to subscribe for or convert any security into shares in the Company is to the nominal amount of the shares which may be allotted pursuant to that right.

These authorities are in substitution for all existing authorities under section 551 of the Act (which, to the extent unused at the date of this resolution, are revoked with immediate effect).

2.    That, subject to the passing of resolution 1 and pursuant to section 570 of the Act, the Directors be and are hereby generally empowered to allot equity securities (within the meaning of section 560 of the Act) for cash pursuant to the authorities granted by resolution 1 as if section 561(1) of the Act did not apply to any such allotment or sale, provided that this power shall be limited to:

(a) the allotment of equity securities in connection with an offer of equity securities:

(i)   to holders of Ordinary Shares in the capital of the Company in proportion (as nearly as practicable) to the respective numbers of Ordinary Shares held by them: and

(ii) to holders of other equity securities in the capital of the Company, as required by the rights of those securities or, subject to such rights, as the Directors otherwise consider necessary,

but subject to such exclusions or other arrangements as the Directors may consider necessary or expedient in relation to treasury shares, fractional entitlements, record dates or any legal or practical problems under the laws of any territory or the requirements of any regulatory body or stock exchange;

(b) the allotment of equity securities pursuant to the authority granted by paragraph (a) of resolution 1 (otherwise than pursuant to paragraph (a) of this resolution) up to an aggregate nominal amount of £1,722,585; and

(c)  the allotment of equity securities pursuant to the authority granted by paragraph (b) of resolution 1 (otherwise than pursuant to paragraphs (a) and (b) of this resolution) up to an aggregate nominal amount of £3,445,170 in connection with the issue of shares in the Company on the conversion of the Convertible Notes,

and (unless previously revoked, varied or renewed) this power shall expire on the date which is 5 years after the passing of this resolution, save that the Company may make an offer or agreement before this power expires which would or might require equity securities to be allotted for cash after this power expires and the Directors may allot equity securities for cash pursuant to any such offer or agreement as if this power had not expired.

This power shall be in substitution for all existing powers under section 570 of the Act (which, to the extent unused at the date of this resolution, are revoked with immediate effect).