Velos Acquisition I Corp. · Purchase · Class A common stock

Remarks

(1) Cantor Fitzgerald & Co. ("CF&Co.") is the record holders of the shares reported herein. Cantor Fitzgerald Securities ("CFS") owns the majority of the equity interests of CF&Co. and may be deemed to beneficially own the Class A ordinary shares directly owned by CF&Co. Cantor Fitzgerald, L.P. ("Cantor"), as the indirect holder of a majority of the equity interests of CF&Co. and CFS, CF Group Management, Inc. ("CFGM"), as the managing general partner of Cantor, and Brandon G. Lutnick, as the Chairman and Chief Executive Officer of Cantor and CFGM and also the trustee with decision making control of trusts that hold all of the voting shares of CFGM, may be deemed to beneficially own all Class A ordinary shares directly owned by CF&Co. (2) CFLP, CFGM, CFS and Mr. Lutnick each disclaim beneficial ownership of all securities held by CF&Co. in excess of their respective pecuniary interest, if any, and this report shall not be deemed an admission that any of them were the beneficial owners of, or had pecuniary interest in, any such excess securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.