1. Meiosis I: This is the first division and is also known as reduction division. During this stage, homologous chromosomes pair up and exchange genetic material (crossing over). This results in the formation of two daughter cells, each with half the number of chromosomes as the original parent cell.

2. Meiosis II: This is the second division and is similar to mitosis. During this stage, the sister chromatids of each chromosome separate, resulting in the formation of four haploid daughter cells, each containing half the number of chromosomes as the original parent cell.

Let me know if you would like more details on each stage!