Anonymous Intelligence Company Inc. non-brokered private placement of an unsecured convertible debentures for the principal amount of $200,000 and up to 4,000,000 units at a price of CAD 0.05 per unit for the gross proceeds of CAD 200,000 for the total gross proceeds of CAD 400,000 on June 11, 2024. Each unit consists of one share and one transferable warrant. Each warrant entitles the holder to acquire one share at a price of CAD 0.07 per share for a period of two years from the date of closing. The Debenture Financing and the Offering are subject to the approval of the CSE. All securities to be issued pursuant to the Debenture Financing, the Offering and the Options and RSUs will be subject to a four month and one day hold period in accordance with the policies of the CSE and applicable Canadian securities legislation. The debenture will be convertible into units of the Company at the option of the holder at a conversion price of CAD 0.06 per debenture unit, with each debenture unit comprised of one
common share of the company and one transferable share purchase warrant, with each warrant exercisable into one additional share at an exercise price of CAD 0.07 per share for a period of two years from the date of conversion. The debentures will be matured on a maturity date of one year from the date of issuance.