We have an information security program designed to identify, protect, detect and respond to, and manage reasonably foreseeable cybersecurity risks and threats. These processes are integrated into our overall enterprise risk management framework. To protect our information systems from cybersecurity threats, we utilize various security tools and methodologies, including regular vulnerability assessments, that help prevent, identify, escalate, investigate, resolve, and recover from identified vulnerabilities and security incidents in a reasonably timely manner. These include, but are not limited to, internal reporting and tools for monitoring and detecting cybersecurity threats, as well as processes to assess and manage cybersecurity risks associated with our third-party service providers.

We evaluate the risks associated with technology and cybersecurity threats and monitor our information systems for potential weaknesses. We periodically review and test our information technology system on a regular basis and also utilize internal team personnel to evaluate and assess the efficacy of our information technology system and enhance our controls and procedures. The results of these assessments are reported to our Audit Committee and, from time to time, our Board of Directors.

There can be no assurances that our cybersecurity risk management program and processes, including our policies, controls, or procedures, will be fully implemented, complied with or are effective in protecting our systems and information.

As of the date of this report, we are not aware of any cybersecurity incidents, that have had a materially adverse effect on our operations, business, results of operations, or financial condition.

Our Board of Directors considers cybersecurity risk as part of its risk oversight function. It has delegated oversight of cybersecurity and other information technology risks to the Audit Committee of the Board of Directors. The Audit Committee oversees the implementation of the cybersecurity risk management program.

The Audit Committee receives periodic reports from management on potential cybersecurity risks and threats. The Audit Committee reports to the full Board of Directors regarding its activities, including those related to cybersecurity. The full Board of Directors also receives briefings from management on the cybersecurity risk management program as needed.

Management, including the Chief Executive Officer is responsible for assessing and managing the Company’s material risks from cybersecurity threats. The Chief Executive Officer, who has over 25 years of experience in information technology, network infrastructure, and cybersecurity management, oversees the Company’s cybersecurity risk management program, including supervision of internal cybersecurity personnel and external cybersecurity consultants. Management regularly evaluates cybersecurity risks, monitors prevention and detection measures, and reports material cybersecurity matters to the Board of Directors.

The management team supervises efforts to prevent, detect, mitigate, and remediate cybersecurity risks and incidents through various means, which may include briefings from internal security personnel, threat intelligence and other information obtained from governmental, public or private sources, including external consultants; and alerts and reports produced by security tools deployed in the IT environment. Our cybersecurity incident response plan governs our assessment and response upon the occurrence of a material cybersecurity incident, including the process for informing senior management and our Board of Directors.