Mr. Fergal Mulligan:

Several consequences will result from NBI not meeting its milestones. The first is that as a commercial company it is going to lose revenue from customers because it is delayed. In addition, delay payments are included in the contract and that provision kicks in from 1 February 2022. If NBI is delayed in meeting its milestones, there will be daily delay payments of X number of euro up to a given amount. The company will get a penalty for any day it is late in meeting a milestone. That will start from next year. Given Covid-19 and its impact, NBI has not been delayed so far in meeting any of the milestones in 2021. That is because under the contract, it is permissible to seek relief as a contractor. We provided that relief because NBI demonstrated to us that it was delayed for all the different reasons relevant to Covid.