On August 30, 2022, the Board of Iris Acquisition Corp. appointed Manish Shah to serve as a director. Mr. Shah has been determined by the Board to be an independent director under the listing rules of the Nasdaq Stock Market.

Mr. Shah will serve until Iris's next annual meeting of stockholders when he is expected to stand for election by a vote of the Company's stockholders. Mr. Shah has also been appointed to the Audit Committee and Compensation Committee of the Board. Mr. Shah has a multi-decade career as an investor, operator and banker, including experience at Morgan Stanley and Bear Stearns' Technology investment banking groups and as a senior executive of a Nasdaq listed optical networking company.

Since leaving Bear Stearns in 2006, he has invested his family's capital in real estate and to sponsor a private investment platform, The London Fund, for growth companies, is a Senior Managing Director at Palladius Capital Management, a real estate asset management company, and is a Principal at Two Kings Mgmt LLC. Manish graduated from Yale University and Harvard University Law School. He has served as a founding board member for Yale's Jackson School for Global Affairs and a member of Harvard's Alumni Real Estate Board.