<p class="text-align-justify" style="margin-bottom: 11px;"><span style="font-size:10.5pt"><span style="line-height:normal"><span style="font-family:&quot;Libre Franklin&quot;"><span lang="EN-US" style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,serif"><span style="color:black">When compared with the UK, there </span></span></span><span lang="EN-US" style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,serif">are a<span style="color:black"> total of 85 unicorns only combining Israel, France, Germany, and Sweden.</span></span></span></span></span></span></p>

<p class="text-align-justify" style="margin-bottom: 11px;"><span style="font-size:10.5pt"><span style="line-height:normal"><span style="font-family:&quot;Libre Franklin&quot;"><span lang="EN-US" style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,serif"><span style="color:black">Likewise, the UK also outperforms </span></span></span><span lang="EN-US" style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,serif">its European<span style="color:black"> competitors for venture capital investment. As per Dealroom, the UK collected $15 bn or more in 2020, surpassing $14.8bn </span>collected in previous<span style="color:black"> years. This amount is greater than the combined investment of France and Germany.</span></span></span></span></span></span></p>

<p class="text-align-justify" style="margin-bottom: 11px;"><span style="font-size:10.5pt"><span style="line-height:normal"><span style="font-family:&quot;Libre Franklin&quot;"><span lang="EN-US" style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,serif"><span style="color:black">The growth in unicorns and investments over the years has resulted due to the special blend of tech talent, entrepreneurs, and government officials, which has enabled the UK to become a successful tech nation.</span></span></span></span></span></span></p>

<p class="text-align-justify" style="margin-bottom: 11px;"><span style="font-size:10.5pt"><span style="line-height:normal"><span style="font-family:&quot;Libre Franklin&quot;"><span lang="EN-US" style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,serif"><span style="color:black">Well known corporations around the world rely on the technology developed by the UK, such as data centers, artificial intelligence, </span></span></span><span lang="EN-US" style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,serif">and 5G<span style="color:black"> connectivity. It is also keeping up with the digital hubs </span>in China<span style="color:black"> and the United States. In proportion to the number of unicorns and entrepreneurial </span>ventures<span style="color:black"> generated, London has fallen behind Beijing, New York </span>and the Bay<span style="color:black"> Area.</span></span></span></span></span></span></p>

<p class="text-align-justify" style="margin-bottom: 11px;"><span style="font-size:10.5pt"><span style="line-height:normal"><span style="font-family:&quot;Libre Franklin&quot;"><span lang="EN-US" style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,serif"><span style="color:black">The industry is growing rapidly. The UK can continue to lead a European Tech environment, </span></span></span><span lang="EN-US" style="font-size:12.0pt"><span style="font-family:&quot;Times New Roman&quot;,serif">with constant<span style="color:black"> research, policy innovation, investment and right people.</span></span></span></span></span></span></p>

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