Consider the following statements about the roles of condensin and cohesin complexes in the cell cycle:

1. Cohesin complexes play a critical role in sister chromatid cohesion from DNA replication during the S phase until their separation at the onset of anaphase.
2. Condensin complexes are involved in the compaction of chromosomes during the S phase to prepare DNA for replication.
3. During mitosis, condensin helps in the supercoiling and further condensation of chromosomes, facilitating their segregation.
4. The removal of cohesin from chromosome arms is an early event of mitosis, facilitated by the regulatory protein separase, allowing chromosomes to condense and prepare for segregation.

Which of the following options is correct?