Shawn begins this part of the meeting by saying, "I'm afraid we're running out of time."

"To run out of time" means not to have very much time left to do something, to be near the end of something, or to have very little time remaining.

Shawn is apologizing that they are almost at the end of the meeting and there isn't very much time left for more questions.

Because there's so little time left, Shawn says that he can take only two more questions.

"To take a question" means to allow people who are at the meeting to ask a question.

After most speeches or lectures, the speaker often takes questions from the audience.

Hannah takes the first question by saying "Let me jump in with a question for Chris."

"To jump in" means to join a discussion, or to begin participating in something right away, without delaying.

Hannah means that she has a question for Chris and she wants to ask it right now.

We also use this expression, "to jump in," when two other people or a group of people are talking and you want to ask a question or make a comment, you might say "Let me jump in here."

Or, "Can I jump in here and ask a question?" Hannah is telling Chris that she thinks his memo hit the nail on the head.