On July 31, 2022, Social Leverage Acquisition Corp. I (Social Leverage, SLAC or the company), entered into a business combination agreement, by and among Social Leverage, SLAC Merger Sub Inc., a wholly owned subsidiary of Social Leverage (Merger Sub), and W3BCLOUD Holdings Inc. (W3BCLOUD). On July 31, 2022, concurrently with the execution of the Business Combination Agreement, each of Sami Issa and Wael Aburida entered into employment agreements with the company, pursuant to which Mr. Issa will serve as the Company's Chief Executive Officer.

Mr. Issa, age 54, has served as Chief Executive Officer of W3BCLOUD since cofounding the company in June 2018. Prior to cofounding W3BCLOUD, Mr. Issa served in executive roles at International Business Machines Corporation, publicly traded multinational technology corporation, and Mubadala Development Company, an investment firm. Prior to Mubadala Development Company, Mr. Issa spent over 15 years in the semiconductor industry with Intel Corporation, Broadcom Inc., Texas Instruments Incorporated and National Semiconductor.

Mr. Issa holds 30 patents. Mr. Issa holds a Master of Science in Electrical Engineering, with a focus on semiconductor device physics, from Arizona State University and a Bachelor of Science in Electrical Engineering, with a focus on electronics, from Cairo University.