According to the three-stage model of sublexical processing, which stage assigns phonemes to graphemes?

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The three-stage model of sublexical processing involves recognizing letters and words, parsing them into their constituent sounds, and then blending these sounds into recognizable units. The stage that assigns phonemes to graphemes, essentially translating the visual representation of language (letters and words) into its corresponding sounds, is the "Print-to-sound conversion stage." This stage is crucial for reading and understanding written language by converting the visual stimuli into auditory information that can be processed by the brain.

According to the Three-Stage Model of Sublexical Processing, Which Stage