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Quantum-Si Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

BRANFORD, Conn.--(BUSINESS WIRE)-- (Nasdaq: QSI) (鈥淨uantum-Si,鈥� 鈥淨SI鈥� or the 鈥淐ompany鈥�), The Protein Sequencing Company^鈩�, today announced that the Compensation Committee of Quantum-Si鈥檚 Board of Directors has granted 46,666 restricted stock units (鈥淩SUs鈥�) to new employees under the Company鈥檚 previously adopted Quantum-Si Incorporated 2023 Inducement Equity Incentive Plan, as amended (the 鈥�2023 Inducement Plan鈥�). The RSUs were granted as an inducement material to the new employees becoming an employee of Quantum-Si in accordance with Nasdaq Listing Rule 5635(c)(4).

The 2023 Inducement Plan is used exclusively for the grant of equity awards to individuals who were not previously employees of Quantum-Si (or following a bona fide period of non-employment), as an inducement material to such individuals鈥� entering into employment with Quantum-Si, pursuant to Rule 5635(c)(4) of the Nasdaq Listing Rules.

The RSUs will vest 25% on December 20, 2025, with the remainder vesting in 12 equal quarterly installments thereafter, subject to the employee鈥檚 continued employment with Quantum-Si on such vesting dates. The RSUs are subject to the terms and conditions of the 2023 Inducement Plan and an RSU agreement covering the grant.

About Quantum-Si Incorporated

Quantum-Si, The Protein Sequencing Company鈩�, is focused on revolutionizing the growing field of proteomics. The Company鈥檚 Platinum^庐 instrument enables Next-Gen Protein Sequencing鈩� that advances proteomic research, drug discovery, and diagnostics beyond what has been possible with existing proteomic tools. Learn more at or follow us on or .

Forward Looking Statements

This press release includes 鈥渇orward-looking statements鈥� within the meaning of the 鈥渟afe harbor鈥� provisions of the United States Private Securities Litigation Reform Act of 1995. The actual results of the Company may differ from its expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as 鈥渆xpect,鈥� 鈥渆stimate,鈥� 鈥減roject,鈥� 鈥渂udget,鈥� 鈥渇orecast,鈥� 鈥渁nticipate,鈥� 鈥渋ntend,鈥� 鈥減lan,鈥� 鈥渕ay,鈥� 鈥渨ill,鈥� 鈥渃ould,鈥� 鈥渟hould,鈥� 鈥渂elieves,鈥� 鈥減redicts,鈥� 鈥減otential,鈥� 鈥渃ontinue,鈥� and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, the Company鈥檚 expectations with respect to future performance and development and commercialization of products and services. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from those discussed in the forward-looking statements. Most of these factors are outside the Company鈥檚 control and are difficult to predict. Factors that may cause such differences include, but are not limited to: the inability to maintain the listing of the Company鈥檚 Class A common stock on The Nasdaq Stock Market; the ability of the Company to grow and manage growth profitably and retain its key employees; the Company鈥檚 ongoing leadership transitions; changes in applicable laws or regulations; the ability of the Company to raise financing in the future; the success, cost and timing of the Company鈥檚 product development and commercialization activities; the commercialization and adoption of the Company鈥檚 existing products and the success of any product the Company may offer in the future; the potential attributes and benefits of the Company鈥檚 commercialized Platinum庐 protein sequencing instrument and kits and the Company鈥檚 other products once commercialized; the Company鈥檚 ability to obtain and maintain regulatory approval for its products, and any related restrictions and limitations of any approved product; the Company鈥檚 ability to identify, in-license or acquire additional technology; the Company鈥檚 ability to maintain its existing lease, license, manufacture and supply agreements; the Company鈥檚 ability to compete with other companies currently marketing or engaged in the development or commercialization of products and services that serve customers engaged in proteomic analysis, many of which have greater financial and marketing resources than the Company; the size and growth potential of the markets for the Company鈥檚 products and services, and its ability to serve those markets once commercialized, either alone or in partnership with others; the Company鈥檚 estimates regarding future expenses, future revenue, capital requirements and needs for additional financing; the Company鈥檚 financial performance; and other risks and uncertainties described under 鈥淩isk Factors鈥� in the Company鈥檚 most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q and in the Company鈥檚 other filings with the SEC. The Company cautions that the foregoing list of factors is not exclusive. The Company cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based.

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Investor Contact

Jeff Keyes

Chief Financial Officer

ir@quantum-si.com



Media Contact

Katherine Atkinson

SVP, Commercial Marketing

media@quantum-si.com

Source: Quantum-Si Incorporated