Better Choice Company Inc (BTTR)

[236T568]

On April 18, 2017, Sport Endurance, Inc. (the “Company”) entered into Forbearance Agreements with two holders (the “Lenders”) of the Company’s 10% Senior Secured Convertible Promissory Notes (the “Notes”), pursuant to which the Company and the Lenders agreed to extend the due date of the Notes to May 1, 2017, in exchange for payments by the Company to the Lenders in a total amount of $45,000.

The $45,000 payment to the Lenders was made with the proceeds of a loan made to the Company by David Lelong, the Company’s Chief Executive Officer. This loan bears 2% annual interest and is payable upon demand.

On April 21, 2017, Mr. Lelong loaned the Company an additional $11,000 under the terms described above to be used for the Company’s working capital needs.


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