Our promise with Francis is that users will enjoy the same flexibility as they do with traditional spreadsheets. Part of this promise includes providing a fast and seamless modeling experience. For this reason, we have focused on improving the performance of our platform throughout March.

These changes will be particularly noticeable for users working with larger and more complex models. In short, we have made performance improvements in the following areas:

• Refactored the platform to ensure models do not become slower over time.

• Made model performance independent of the number of accumulated edits.

• Improved load times for switching between different budget versions.

As we continue to introduce more advanced modeling capabilities, the scale and complexity of models built on our platform will increase. Our recent performance improvements are part of a continuous effort to provide a seamless modeling experience for our users and to enable the launch of more advanced features without compromising the usability of our platform.